Are you looking for your next investment, or maybe your first? Here is a great opportunity in the college town of Northfield, VT. This duplex has excellent rental history and a cap rate of 9% with $27,000 gross operating annual income. Tenants pay all utilities aside from landscaping and water/sewer. Unit 1 has a cute eat-in kitchen, living room, first floor laundry, two porches and one (1) large loft space bedroom upstairs with its own deck. Unit 2 has an open kitchen-to-living layout, two (2) bedrooms, propane heaters in each room and deck access on both levels! The level lawn gives tenants lots of space and is easy to keep mowed. Situated on a one-way street in the center of town just minutes from Norwich University, this property will be an attractive rental for years to come. Available now for showings!
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Mortgage calculator source: iHomefinder. Schools info source: GreatSchools. WalkScore source: WalkScore. Market Report Source: iHomefinder with data from PrimeMLS, Inc.