220.224 North Street Bennington VT Multi Family For Sale $449000

List Price: $449,000 | $144 per sq.ft. Multi Family A 4 Unit Multi Family Home
With 2 One Bedroom Units , 0 - Two Bedroom Units ,1 - Three Bedroom Units
Date Listed Friday Aug 23, 2024 | MLS# 5011119

Address: 220.224 North Street Bennington VT
Listed by Thaddeus Abare Barrett and Valley Associates Inc.
Description:
This unique property offers an excellent investment opportunity with two separate buildings on-site. The front building hosts a well-established H&R Block commercial space, providing a steady and reliable stream of income. Additionally, there are two residential units, both of which are currently rented, ensuring immediate cash flow. Behind the front building, a full-sized house exists! It currently occupied by long-term tenants. Enjoy stable, long-term rental income with minimal turnover history. The property is just a couple of blocks from the heart of Bennington in a section great for foot traffic and conveniently located within walking distance from many restaurants, stores and more. Whether you're looking to expand your real estate portfolio or start with a solid investment, this property is a rare find. It provides both immediate returns and long-term growth potential. Consider this excellent opportunity with a visit! Operating Expenses : Maintenance,Snow Removal,Trash

Annual Expenses

Taxes: $7,333

Income
Gross Income | $59,820
NetIncome | $48,786

UNIT 2 INFORMATION

Beds: 1
Baths: 0
Rooms: 0
Rent : 800.00 Monthly
Status : Leased

UNIT 3 INFORMATION

Beds: 1
Baths: 0
Rent : 735.00 Monthly
Status : Leased

UNIT 4 INFORMATION

Beds: 3
Baths: 0
Rent : 1100.00 Monthly
Status : Leased

Construction: Wood Frame
Year Built: 1920
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 4123
Above Grade Sq.Ft.: 3123
Basement: Unfinished
Foundation: Fieldstone | Stone

Exterior Color: White
Roof: Slate
Seasonal: No

Heating: Oil | Baseboard
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - Available | Satellite | Other | Phone
Electric Meters: 4
Water: Public
Sewer: Public

Land Information
City Lot
Lot size: 0.25 acres
Zoned: Mixed Use)
Surveyed: Unk
Flood Zone: No
Roads: Paved | Public
Road Frontage: 50
Driveway: Paved

Additional Information
Taxes $7,333
Assesed Value Not Reported

Schools

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

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