Tag Archives: investing in vermont real estate

Newly Listed in Proctorsville, Vermont

This home was totally renovated within the past 5 years!  Everything except the basement was updated.  There is also a 2 bedroom brand new apt. (never been rented), fully furnished.  There are 4 bedrooms and 2 full baths in main house – with eat in kitchen and family room.  Two bedrooms and 1 bath in apartment.  This would be a great home for a first time buyer with the option of earning extra income from the apartment or a wonderful 2nd home with rental potential.

 Shuttle bus stops here, walk to bakery, post office and Singletons!   This has it all – do not miss out on the opportunity!

Asking:  $250,000.00

MLS# 4148960

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Invest between Okemo and Killington


LOCATION! LOCATION! LOCATION!


Overview
Maps
Photos
Features

$229,900
Multi Family
Main Features
4 Bedrooms
4 Bathrooms
Interior: 2067 sqft
Lot: 0.50 acre(s)
Location
4738 Route 100A
Plymouth, VT 05056
USA

Irene Gaffigan

Irene Gaffigan

Bean Group
(802) 353-1983
irene@isellvermontrealestate.com
http://isellvermontrealestate.com

Listed by: IRene Gaffigan

Nearby properties for sale

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Be an Informed Investor When Buying South Central Vermont Real Estate

Because it offers year-round recreation, investing in South Central Vermont real estate can be quite profitable and safe. Such a transaction can also be challenging, especially for first-time investors, and requires prior planning, a time commitment, realistic goals, and careful consideration of the following factors.

1. Selecting a property. First decide on a location and the type of property you are interested in.  You will want to consider proximity to good schools, public services, shopping centers, highways, recreation, etc.

Another decision will deal with the type of property you want to own–a single family residence, a multi-family unit, or a vacation rental home. Discuss with you realtor and tax advisor the pros and cons of each to decide which will be most advantageous for you.

2. Examining your finances. In addition to a monthly mortgage payment, investment property expenses can also include taxes, property management fees, utilities, insurance for fire and floods, repair and maintenance costs, condo fees, and periods of vacancy. Be prepared to have cash on hand for a 20% to 30% down payment (or investigate other options). A helpful tool to assist you in calculating costs and probable financial outcomes is www.GoodMortgage.com.

Also keep in mind that long term (5 to 10 years) ownership is usually best for the average investment. The shorter the length of time you hold the property, the greater the risk.

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