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7780 Route 113, Thetford, VT, 05088 | $180,000
Opportunity with unique mixed-use property in the charming village of Post Mills, VT. Originally a single-family home, converted into a 3-unit building, offering a range of potential uses: fully residential, multi-family investment; single-family home, or combination of commercial/residential spaces. Zoned multi-use, ideal for owner looking to renovate and capitalize on the area's potential. State grants available for exterior and interior improvements. Top Unit (3-4 Bedrooms): The largest unit, with demo already started. Kitchen removed, opportunity to complete to your specifications; could be transformed into a spacious 3-4 bedroom apartment, with potential for views of the surrounding area. Open layout provides a blank canvas to create a stunning living space. Downstairs Unit (2-3 Bedrooms): Currently occupied by long-term tenant paying below market rent. This unit features 2 bedrooms and will require some renovation, with an excellent opportunity to modernize and increase rent to market rates. Back Unit (Studio): This small space needs work but offers potential to be a cozy, income-generating rental. With the right renovations, it could be a charming studio unit, or commercial space. New metal roof is a durable and low maintenance. Also, new water heater. Eligible for grants and financial support for renovations - Strong rental demand in the area, with the potential for stable, long-term tenants. Ideal for families, with access to the Thetford school system.
Features
- Baths: 2 full
- Units: 3
- Style: Multi-Family
- Year Built: 1900
- Heating: Propane,Baseboard
- Cooling: None
- Basement: Unfinished
- Approx Sq. Feet: 2,560
- Acreage: 0.5
- Lot Desc: Country Setting
- MLS#: 4941934
- Website: https://www.raveis.com
/prop/4941934/7780route113_thetford_vt?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. 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 12/26/2024Listing courtesy of Bassette Real Estate Group Phone: 802-457-2244
Listing Agent: Terry Boone
William Raveis Family of Services
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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
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Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
7780 Route 113, Thetford, VT, 05088
$180,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Brian Skelly
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $144,000 | $144,000 | $144,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $995 | $970 | $1,225 |
| Total Monthly Payment | $1,070 | $1,045 | $1,300 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484