92 State St

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Property Information
#92 State Street Unit A-B
Windsor, Vermont 
Built: 1870
Acres: .11
Total Square Feet: 2392

Estimated ARV: $350,000 - $365,000
Repairs: $110,000 - $120,000 est. 
Suggested Starting Bid: $125,000
Closing: On/Before July 10th, 2024. 
Closing: Closeline Settlements
EMD: $5000.00
Inspection date/time: TBD

Unit A: 2 bedrooms /1 bathroom / 1042 square feet (estimated). Attached garage. 
Current Market Rent in Area: $1350/month

Unit B: 4 bedrooms/1 bathroom/1350 square feet (estimated)
Current Market Rent in Area: $1650/month

About: This property is zoned as a Single Family Residence. If desired, Buyer will need to complete the application process through the town of Windsor to convert to a duplex/multi-family unit. Property is legally referred to as “92 State Street Unit A” as it has not been converted into A/B duplex by the current owner. Sale to include the property in it’s entirety, for both unit’s A+B. 
Unit “B” on the left side, is completely separated from Unit “A” on the right side. Both units share the same furnace, water heater, water, sewer, and are metered on the same utilities. A is connected to B through the basement, otherwise, are completely separated. 
Property shares a side driveway with next door neighbor. Driveway is split down the middle for shared usage by both property owners. 
Photograph Link via Drop Box:
https://www.dropbox.com/scl/fo/5ltwobitrfxfhu9ulrs7o/AOB_h7gTDaB5H7CVULkPnDo?rlkey=u27i65g64iydnh74oitxznarj&st=c7vs7qqq&dl=0

Oil Tank: Shared 
Floors: Mixed Carpet/Hardwood/Laminate
Roof: Shingle 
Hot Water Heater – recent/past 10 years. 
Oil Furnace/Shared
Furnace: Forced Hot Air been at residence since 2008
Sewer: Town Sewer
Water: Town Water
Windows: Unknown age
Siding: Replaced in past 10 years. 
Foundation: Concrete/Block
Plumbing/Electrical: Functional. Electric currently turned off. 
Garage: Has attached 1 car garage on Unit #A
Interior Property: Homeowners are currently residing elsewhere and will be removing a few items up to closing. Otherwise, most of the property photographed will be left behind/need to be cleaned out by Buyer. 
Exterior Property: Most all of exterior property will be remaining at residence. 
Vacancy: Property to be delivered VACANT.

After Repair Value Comps:
https://www.redfin.com/VT/Hartford/1531-Maple-St-05047/home/91337788
(18 minutes away)
https://www.redfin.com/VT/Windsor/40-Village-Grn-05089/home/189891830
(In-town)
https://www.redfin.com/VT/White-River-Junction/94-Fairview-Ter-05001/home/91337598
(18 minutes away)
https://www.redfin.com/VT/Pittsfield/63-Hadley-Ln-05762/home/91203876
(52 minutes away)
Recent “As is” Comparable Sales:
https://www.redfin.com/VT/Windsor/100-State-St-05089/home/91394545
(sold for $170k in November 2023 – close to an exact “as is” sale comp)
https://www.redfin.com/VT/Windsor/2460-US-Route-5-N-05089/home/91393973
(sold $140k in September 2023)
https://www.redfin.com/VT/Windsor/36-River-St-05089/home/91394417
(sold for $175k in 2021)
https://www.redfin.com/VT/Windsor/51-State-St-05089/home/95135047
(Sold for $164k in November 2020)
https://www.redfin.com/VT/Windsor/108-Main-St-05089/home/91394031
(Sold for $310k in April 2024)
 

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