Investors, take note! This duplex property offers a 10% cap rate with steady rental history. The main 5-bedroom home was built in 1840, with great bones, large eat-in kitchen, two bathrooms, new appliances, wood floors, wraparound porch, and a detached garage for extra parking and storage. The 2001 addition is super cute with solid flooring, an eat-in kitchen, first floor bedroom and laundry, and expansive loft space upstairs. There is even a rooftop deck to enjoy all four Vermont seasons! The current owners are downsizing their portfolio, which poses an excellent opportunity for you! Purchase the building as an investment and gross almost $40,000 annually, or owner-occupy one unit and rent the other for supplemental income. The choice is yours at this unique property!
Northfield is located in Vermont. Northfield, Vermont has a population of 6,271. Northfield is less family-centric than the surrounding county with 24.77% of the households containing married families with children. The county average for households married with children is 25.52%.
The median household income in Northfield, Vermont is $60,819. The median household income for the surrounding county is $70,128 compared to the national median of $69,021. The median age of people living in Northfield is 27.3 years.
The average high temperature in July is 79.7 degrees, with an average low temperature in January of 5.9 degrees. The average rainfall is approximately 42.7 inches per year, with 89.7 inches of snow per year.
