Listed by Mike Kalil • Watson Realty & Associates. Bought with Watson Realty & Associates.
Off Market Sep 2021 for $512K
—
3
bd
•
10 ba
•
11,900
sq ft
11 Mountain Commons Rd, Mendon, VT 05701
About this home
10 Units on 2.7 Acres, Great income generator investment property, only 2 miles from Pico & Killington Ski areas, minutes to Rutland and shopping also, potential commercial store fronts, condominium resale, seasonal rentals or apartments, Perfect for someone to live in the ranch house and collect rents on the other 9 units as an income, Rents for UNTES 9 ( Ranch) is $1300 & unit 10 rent is $950 . NOI is $ 63,929 which includes professional management fee, 11.6 Cap rate Previous owner had delegated 4 units to Killington employees which can generate potentially more income.
Multi-familyProperty Type
1930Year Built
2.7 acresLot Size
$43Price/Sq.Ft.
1 car garageParking
Listed by Mike Kalil• Watson Realty & Associates
Bought with Mike Kalil• Watson Realty & Associates
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Rutland County
APN
384-119-12468
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Aug 27, 2021.
COMMERCIAL
Commercial District
The Commercial District is a portion of the Mendon Town along Route 4. It extends 500 feet back from the highway right-of-way, unless otherwise indicated on the Zoning Map. The purpose of the Commercial District is to allow for commercial-oriented growth, while maintaining the scenic qualities of Route 4.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Property details
Parking
Parking & Garage
Garage Capacity: 1
Location: Detached
Interior
Basement Information
Basement: Yes
Basement Access: Interior
Multi-Unit Information
Unit Lease Term: Month to Month
Total Units: 10
# of 1 Bedroom Units: 3
# of 2 Bedroom Units: 4
# of 3+ Bedroom Units: 3
# of Baths (full): 10
Water: Dug Well
Sewer: Public, Septic
Electric: 200 Amp, Circuit Breaker(s)
Construction: Wood Frame
Foundation: Concrete
Exterior: Vinyl, Wood
Roof: Shingle - Asphalt
Driveway: Gravel
Heating: Baseboard, Hot Air
Heat Fuel: Gas - Liquid Propane Bottle
Cooling: None
Water Heater: Electric
Basement Description: Concrete Floor
Unit 1 Information
Unit 1 Lease Term: Month to Month
Unit 3 Information
Unit 3 Lease Term: Month to Month
Unit 4 Information
Unit 4 Lease Term: Month to Month
Unit 5 Information
Unit 5 Lease Term: Month to Month
Unit 6 Information
Unit 6 Lease Term: Month to Month
Unit 7 Information
Unit 7 Baths: 1
Unit 7 Bedrooms: 3
Unit 7 Lease Term: Month to Month
Unit 8 Information
Unit 8 Lease Term: Month to Month
Exterior
Building Information
Construction Status: Existing
Approximate Sq. Ft. Total Finished: 11900
Approximate Sq. Ft. Total: 11900
Lot, Zoning, & Easement Information
Country Setting, Major Road Frontage, Mountain View, Rental Complex, Ski Area, Trail/Near Trail, View, Wooded
Income Information
Net Income: $63,929
Survey Information
Surveyed: Unknown
Other Property & Lot Information
Year Built: 1930
Financial
Tax Information
Tax Year: 2021
Gross Amount Tax: 11662
SPAN Number: 384-119-12468
Other Tax Information
Page Deed: 470
Utilities
Other Utilities Information
DSL, Phone
Location
School Information
School District: Barstow Joint School District
Elementary School: Barstow Memorial School
Elementary School: Barstow Memorial School
Middle/Jr School: Barstow Memorial School
Road Information
Road Frontage: Yes
Road Frontage Length: 235
Public
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Rutland County
APN: 384-119-12468
Home facts updated by county records on Aug 27, 2021