2032 US-2, Waterbury, VT

Transcription

1 2032 US-2, Waterbury, VT Curtis Trousdale, Owner, Broker, Realtor Cell: Williston Road, South Burlington VT Phone: (802) Fax: (802)

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9 Taxes: Power: Oil: Town of Waterbury $4, (2015 Non-homestead rate). Green Mountain Power Owner includes power as part of monthly rent. Owner indicates that power is approximately $250 per month between both units. Irving Oil Co. Owner includes heat as part of monthly rent. Owner indicates that the oil is approximately $300 per month between both units and they are on an installment plan. Septic: Private septic system with 1000 gallon concrete tank and leach field. Last pumped in Feb Water: Services: Heating: Zoning: Private Well services both units. Hot water is service by an electric hot water heater with 75 gallon tank. Water is treated by a water softener, the owner provides the salt needed for this process. Comcast services the property with cable TV, high speed cable internet, and phone. Both units are serviced by baseboard hot water, powered domestically off the oil finance. Both units have multi-zone heating. Property is within the Medium Density Residential zoning district of the Waterbury Zoning Regulations. Please see attached for partial zoning regulations. Please consult Waterbury Zoning Official with any specific inquires. It appears as though a very small portion within the southeastern corner of the parcel is within FEMA flood zone. The basement and a small portion of the southern units flooring was damaged by the 2011 Irene flood but is not in the current FEMA flood zone. Because the current owner utilized a FEMA loan for damage repair, he now is required to hold FEMA flood insurance. However, future owners should not be required to hold this insurance. Buyers should always counsel with their lender and insurer. Boundaries: Property appears to be well bounded by road frontage and vintage concrete corner monuments. Road: US-2 is a year-round, state maintained and plowed road. Basement: The entire building has a full basement, however, this basement is partitioned off for private storage for each unit. Unit A has interior stairs for access. Unit B has exterior lockable access. Lawn Care: Currently the tenants mow the lawn with a lawnmower provided by the owner/landlord. Plowing: Trash: Vent: Additional Property Information 2032 US-2, Waterbury, VT Landlord provides a local snow removal service and estimates that the cost at $40 per month. Tenants pay for there own trash removal. In the basement of the three bedroom apartment is a PVC pipe which the owner elected to install to utilize excess heat from the furnace room, as well as, simply vent the room.

10 Rental & Financial Information: Additional Property Information 2032 US-2, Waterbury, VT Note: Current owner/landlord includes heat, electricity, trash, water service, and septic service within the monthly rent payment. All major appliance are provided by the owner. All figures are provided by the seller. Unit A (3 bedroom) rent: $2,500/month one year lease starting October 15, Unit B (1 bedroom) rent: $1,200/month one year lease starting June 1, Monthly Expense Report Unit A Rent $2,500 Unit B Rent $1,200 Total $3,700 All Unit Expenses Insurance $100 Heat (Oil) $300 Power $250 Maintenance $100 Snow Removal $40 Total $790 Income $2,910

11 Area Information Nearby Cities: Montpelier, VT 18 Minutes Burlington, VT 30 Minutes Concord, NH 1 Hour, 57 Minutes Boston, MA 2 Hours, 55 Minutes Albany, NY 3 Hours, 19 Minutes New York, NY 5 Hours, 25 Minutes Nearby Airports and Trains: Burlington International Airport: 29 Minutes Regional hub serviced by major airlines, connecting to airports across the country. Lebanon Municipal Airport - NH 1 Hour A regional, tower-controlled airport located in western New Hampshire, on the border of Vermont. Daily commercial service connects passengers to Boston and White Plains, New York. Nearby State Parks & Forests About The Town Camel s Hump State Park 18 Minutes The Park came about as an original gift of 1000 acres including the summit from Colonel Joseph Battell, who originally bought Camel's Hump to preserve the wooded mountainous view from his home. In 1911, care of the mountain was entrusted to the State Forester who managed with the aim to keep it in a primitive state according to Battell's wish. Primitive camping is allowed only in the lower elevations and away from trails, roads, and water, in accordance with the state primitive camping guidelines. Link: Camel s Hump Waterbury, VT Like many New England towns, Waterbury's economy was based around the local river mill industry and the surrounding agricultural producers. The mills produced products such as lumber and finished wood products, wicker products, leather, starch, and alcohol. The agriculture was based on sheep through the 19th century but switched over to dairy farming by the 20th century. Rutland State Airport: 1 hour, 39 minutes Located just five miles south of Vermont s second largest city, Southern Vermont Regional Airport is a modern convenience nestled in the heart of the beautiful Green Mountains. Logan International Airport: 2 Hours, 53 Minutes Boston Logan International Airport is New England s largest transportation center and generates $7 billion in economic activity each year. It is a Allis State Park 38 Minutes Allis State Park was established in 1928 as Vermont s second developed state park. The park is named for Wallace Allis, who willed his Bear Mountain Farm to the State of Vermont to be developed as a campground and recreational area. It is located on the summit of Bear Hill which provides sweeping views of central Vermont from a lookout tower once used to spot forest fires. On a clear day, Killington, Pico, and Mt Ascutney peaks are visible to the south; Camel's Hump and Mt. Mansfield to the north; Abraham, Lincoln, and Ellen to the west; the Waterbury is the location of Ben & Jerry's Ice Cream, whose factory tours have become one of Vermont's most popular tourist attractions. Other local businesses include: Cabot Creamery Annex, the Alchemist microbrewery, CC Outdoor Store, Cold Hollow Cider Mill, Green Mountain Coffee Roasters, and Lake Champlain Chocolates, as well as several well-reputed bars and restaurants. city within a city on a 1,700 acre footprint of land. Albany, NY International Airport : 3 Hours, 8 Minutes The Albany International Airport offers a wide-range of facilities and services. A recently completed multi-million dollar capital redevelopment project included a new 230,000 square foot terminal, parking garage, Air Traffic Control Tower, and cargo facility. White Mountains of New Hampshire to the east. Link: Allis State Park Stillwater State Park 56 Minutes - Groton State Forest, with over 26,000 acres, is the second largest land block administered by the Department of Forests, Parks and Recreation. The forest contains over 17 miles of hiking trails and over 20 miles of gravel roads and multi-use trails suitable for mountain biking and horseback riding. Link: Stillwater State Park

12 Area Information Page 2 Rivers and Lakes Winooski River One of Vermont s largest rivers, which formed a major valley way from Lake Champlain through the Green Mountains toward the Connecticut River valley. Waterbury Reservoir The Reservoir is the ninth largest body of water in the state of Vermont and was created in the 1930's by the CCC as a flood control project to protect towns and villages along the Winooski River Valley. From late spring to early fall, the Reservoir is maintained to a surface area of 850 acres and has a maximum depth of 100 feet. Baker Pond Largemouth Bass and Pumpkinseed Sunfish are abundant in this pond. The pond is also stocked with Brook Trout, but your best chances of catching them will be in the spring before the water gets too warm. Sunset Lake Children who have trouble casting will find fishing from the floating bridge much easier. Large and smallmouth bass, yellow perch and trout all make for good fishing at Sunset Lake. Lake Groton: Lake Groton (422 acres) is long and narrow in shape and lies in a northsouth direction. Lake Groton is popular for all types of water-based recreational activities and has two state parks. The fish population consists of smallmouth bass, largemouth bass, chain pickerel, yellow perch, brown bullheads, and sunfish. Skiing, Snowmobiling, Snowshoeing Bolton Valley 17 Minutes Bolton Valley sits high in the Green Mountains of Vermont. It is a unique, high mountain alpine village surrounded by over 5,000 pristine acres. At Bolton Valley, the recreational opportunities are as numerous as the views are spectacular. Link: Bolton Valley Sugarbush 31 Minutes Six distinct peaks of unleashed potential. Two uncrowded mountain areas. 2,000 acres of backcountry in the Slide Brook Basin. It s no surprise Sugarbush was recently named Best Ski Town in the East by Outside Magazine. Link: Sugarbush Stowe 29 Minutes In a place where the history, community and landscape are legendary for hospitality and adventure, Stowe Mountain Resort in Stowe Vermont has reinforced its internationally respected brand with world-class improvements both on and off the mountain. Link: Stowe

13 2032 US-2 - Waterbury DISCLAIMER: This map is for general reference only and was created from other sources that may or may not contain errors or otherwise be reliable. This map and data should not be used for navigation and may not reflect recent construction, logging or other commercial activity on the property. Measurements, distances and areas may not be accurate. Preferred Properties encourages all buyers and agents to perform their own due diligence and to not rely on this information. We will not be responsible for decisions and offers made from this information. SOURCE: TOWN OF WATERBURY

14 2032 US-2 - Waterbury DISCLAIMER: This map is for general reference only and was created from other sources that may or may not contain errors or otherwise be reliable. This map and data should not be used for navigation and may not reflect recent construction, logging or other commercial activity on the property. Measurements, distances and areas may not be accurate. Preferred Properties encourages all buyers and agents to perform their own due diligence and to not rely on this information. We will not be responsible for decisions and offers made from this information. SOURCE: TOWN OF WATERBURY

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