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Listed by Ray Fortier, Coldwell Banker Bill Beck R.E. Midd

It's all about the location---walking distance to all the amenities downtown Middlebury has to offer. Excellent Investor returns----- Live in one unit and collect rent on the other to help pay your mortgage --this property qualifies for FHA financing with 3 1/2 % down payment--and 75% of the other units rent will be added to your income to help qualify-- Or collect both rents totaling $27,600 plus per year. Conventional investor financing is available with a 15% down payment. Check out the ROI Worksheet-- The current operating expenses are $9000 which includes property taxes, water, sewage, lawn care, snow removal and trash pickup. Tenants pay for all other utilities and services. Owner currently does a lot of the small maintenance items. Each unit has three bedrooms and a full bath with approximately 950 square feet --upstairs unit recently renovated. Downstairs unit has large covered porch. Large lot with plenty of room for a garden.

Property Details of 36 Seymour Street

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Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated March 18, 2019.

 

 

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