List Price: $284,000 | $166 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 1 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Under Contract Date Listed Tuesday Mar 5, 2024 | MLS# 4986831



Address: 330 School Street Bennington VT
Listed by Will Paquin Maple Leaf Realty
Description:
Exceptional Investment Property in Downtown Bennington with Impressive Cash Flow. This investment property is a rare gem, boasting a prime location within walking distance to downtown Bennington. With most utilities separated, including electric meters and hot water tanks. This property has been thoughtfully designed for easy maintenance and as hands-off management as it comes. The durable vinyl siding, replacement windows, and low-maintenance flooring and surfaces add to the property's appeal. Tenants enjoy the convenience of having electric sub-panels within their units, and the abundance of on-street and rear parking adds to the property's attractiveness. The long-term tenants, who have expressed a desire to stay, provide stable rental income. With a current Net Operating Income of around $26,000 annually, this property offers an excellent return on investment. Don't miss this rare opportunity to own a well-maintained, income-generating property in a desirable location. Please allow 48 hours to schedule showings. Operating Expenses : Heat,Insurance,Water/Sewer
Annual Expenses

Taxes: $3,062
Income
Appliances : Water Heater – Electric

UNIT 1 INFORMATION

Beds: 1
Baths: 1
Rooms: 0
Sq.Ft.: 504
Level: 1
Info : Appliances Included,Cooktop - Electric,Heat Included,Porch
Tenant Pays : Electric,Hot Water
Rent : 1000.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month

UNIT 2 INFORMATION

Beds: 2
Baths: 1
Rooms: 0
Sq.Ft.: 720
Level: 2
Info : Appliances Included,Cooktop - Electric,Heat Included
Tenant Pays : Electric,Hot Water
Rent : 1050.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month

Construction: Wood Frame | Vinyl Siding
Year Built: 1900
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 1912
Above Grade Sq.Ft.: 1712
Basement: Dirt Floor
Foundation: Stone
Roof: Shingle - Architectural
Seasonal: No
Heating: Baseboard | Hot Water
Cooling: None
HeatFuel: Oil
Electric: 100 Amp
Utilities: Cable
Electric Meters:
Water: Public
Sewer: Public
Land Information
Curbing | Level | Sidewalks | Street Lights
Lot size: 0.11 acres
Zoned: VR)
Surveyed: Unk
Flood Zone: Unknown
Roads: Paved | Public
Road Frontage: 49
Driveway: Dirt
Additional Information
Taxes $3,062
Assesed Value Not Reported
Schools

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