30 Summer Street, Northfield, VT 05663

Currently vacant, but seller is listing apartments for rent and starting to show them 11/17.  Seller will move forward with leases unless acceptable offer received.  Property will still be for sale rented as investment.  Great duplex in a nice Northfield village location.  Granite counter tops in both kitchens!  New kitchen in 1st floor apartment.   New (2019) triple pain windows throughout (including proper egress), 2 new Rinnai heaters (2020), 2 new water heaters.  Seller updated electrical, fixed plumbing and insulated basement.  Previous ownerr jacked up building and poured new foundation, rebuilt floor system and installed standing seam roof.  Quiet neighborhood with short walk to downtown Northfield.  Town owned land on 3 of 4 sides.  Lease out long term or furnish them and rent them out to visiting nurses at the walkable Mayo clinic.  Current market long term rent should be $1,250 or more including heat and electricity.  Projected Furnished Finder would be $1,500 per unit per month including everything.  The seller is the listing agent, a licensed real estate agent in VT.  The property is in the Flood Zone.  A recent quote obtained for potential buyers info was for $3,000 annual flood insurance yielding $250,000 worth of property coverage and $25,000 worth of lost rental income.  Create steady income or get a leg onto the real estate ladder.  Affordable utilities:  Annual Water/Sewer = $1,157.37, Heat = $959.93 Electricity = $1,154.18.  Utilities are easily separated.