Historic building in heart of downtown Bennington with solid income from existing commercial tenancy and a fantastic second floor begging to be utilized as residential space. This loft type space is approx. 8,000 sq. ft. and would be an amazing living space (or several) with varying exposure, views of mountains in the distance and of the downtown area. The building offers an abundance of indoor direct entry parking for the resident(s) with ingress and egress stairs from Main Street in the front or from Union Street and the indoor parking in the rear. The space has been prepped with plumbing and electrical for kitchens and baths and also for HVAC to be installed. There are new framed walls with sheetrock and base coat of paint. This is not a blank slate! The hard work has been done and awaits your vision. The space even has south facing roof top decks possible and a sliding glass door already installed to this outdoor area. An awesome opportunity for those who want to be in the heart of a vibrant Vermont town with endless year-round recreation a short drive away in all directions. The area offers some of the best skiing, snowmobiling, hiking, biking, fishing, boating and much more and the Green Mountain National Forest is a short distance away. A fantastic alternative to an expensive single family due to income from two core commercial tenants on the main level. Very unique situation at an affordable price point. Residential use is permitted but may require permits.
Listing Courtesy of PrimeMLS / Better Homes And Gardens Real Estate The Masiello Group / Christopher Long
$349,000
Putney Area Multi-Family
Pending
601 River Road Putney, VT 05346
8 Bed
4 Baths
3438 sqft
MLS# 5030239
4-unit income property in an ideal location situated next to an operating farm with huge corn and other crop fields surrounding the parcel and very few neighbors. The 1.2 acres are all open and offer plenty of garden spots and outdoor recreation/activities for its tenants. Beautiful views out over the farm fields and an overall relaxed country living feel to this spot. Close to the CT River. The building is in good overall condition and is completely sprinkled!! Heat and Electric are included in the rents. With a Net income of over $35,000 per year, this is a tremendous opportunity to own a solid investment property with a CAP rate of 10 OR could be a great owner-occupied dwelling with fantastic income to offset the acquisition and ongoing costs because 2 units are vacant at present. Only minutes to Putney village yet total country living on a paved road. Very unique property and location.
Listing Courtesy of PrimeMLS / Better Homes And Gardens Real Estate The Masiello Group / Christopher Long
$349,000
Dummerston Area Multi-Family
Pending
281 Dummerston Station Road Dummerston, VT 05346
8 Bed
4 Baths
4644 sqft
MLS# 5030237
4-unit investment property in Dummerston at the end of a town road situated on 3 open acres abutting a large agricultural farm field. The giant open level yard is amazing and has plenty of room for outdoor fun, activities and garden spots for the tenants. This farmhouse conversion still has a 3-bedroom two-story main house living unit (currently occupied) absolutely ideal for an owner occupant to reside and allow the other rental units provide substantial income. There is a garage building that offers each of the 4 tenants a valuable storage space and there is also a large old barn that does need some TLC but could be ideal for many uses. This property does abut I-91 so there is some road noise but the convenient location just off Route 5 minutes to Brattleboro is superb. Roof is new in August of 2024. Listed well below the current town assessment value and priced to sell.
Listing Courtesy of PrimeMLS / Better Homes And Gardens Real Estate The Masiello Group / Christopher Long