List Price: $325,000 | $165 per sq.ft. Multi Family
Price Change! Reduced by $25,000 down 8% on April 17th 2025
A 3 Unit Multi Family Home
With 2 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Saturday Apr 12, 2025 | MLS# 5036065
Price Change! Reduced by $25,000 down 8% on April 17th 2025
A 3 Unit Multi Family Home
With 2 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Saturday Apr 12, 2025 | MLS# 5036065
To see this Listing
Address: 818 Main Street Bennington VT
Listed by Jenifer Hoffman Hoffman Real Estate Jenifer@HoffmanVTRealEstate.com
Description:
Looking for a stable investment for your hard-earned money? Enjoy the cash flow in this 3-unit rental property. Currently two units are leased with medium term tenants (both leaving this summer) so you can choose your own tenants or move in yourself to either the upstairs or downstairs apartment. Third unit known as "The Octopus Garden" is an Airbnb guest favorite (and Seller is a Superhost with 663 reviews with average of 4.93 stars) so you could ride the wave of this popular short-term rental or re-incorporate the space into the main level. Zoning allows for single family, multifamily, mixed use commercial/residential, retail, lodging, office and more. Originally built as a single family home, so the utilities are not separated but were recently updated. There's central air and forced air heat on the main level, and a separate zone for hot water baseboard heat and 2 window AC units upstairs. Energy audit + sprayfoam insulation + new boiler + 200 amp electrical + too many improvements to mention them all... ask your agent for the list! Floor plan and videos available, too. Enjoy the convenience of town water/sewer, fiber optic high-speed internet, and a beautifully renovated space. Each unit has its own deck/porch for relaxing outdoor space and share the large parking lot that fits 6+ cars. Very deep lot with 0.41 acres offers opportunities for more parking, adding an outbuilding, or keep it low maintenance.
Annual Expenses
Taxes: $4,724
Taxes: $4,724
Income
Appliances : Water Heater – Electric | Water Heater – Off Boiler
UNIT 1 INFORMATION
Beds: 1
Baths: 2
Rooms: 4
Sq.Ft.: 756
Level: 2
Info : Air Conditioner,Appliances Included,Deck,Dishwasher,Dryer,Furnished,Heat Included,Hot Water,Microwave,Range - Electric,Refrigerator,Skylight,Washer,Window Treatments
Rent : 1400.00 Monthly
Lease Term : Seasonal
Signed Lease : Yes
Status : Leased
UNIT 2 INFORMATION
Beds: 2
Baths: 1
Rooms: 5
Sq.Ft.: 665
Level: 1
Style : 1st floor front
Info : Appliances Included,Dryer,Heat Included,Hot Water,Microwave,Mudroom,Range - Electric,Refrigerator,Washer,Window Treatments
Rent : 1500.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 3 INFORMATION
Beds: 1
Baths: 1
Rooms: 1
Sq.Ft.: 463
Level: 1
Style : 1st floor airbnb
Info : Appliances Included,Deck,Heat Included,Hot Water,Mini Fridge,Water Heater,Whirlpool Tub,Window Treatments
Lease Term : Short Term
Signed Lease : No
Construction: Wood Frame | Vinyl Siding
Year Built: 1920
Style: Victorian | w/Addition
Floors | Stories: 1.5
No. Elevators:
Total Sq.Ft. Finished: 3313
Above Grade Sq.Ft.: 1969
Basement: Bulkhead | Full | Gravel | Stairs - Interior | Storage Space | Unfinished | Stairs - Basement
Foundation: Stone
Year Built: 1920
Style: Victorian | w/Addition
Floors | Stories: 1.5
No. Elevators:
Total Sq.Ft. Finished: 3313
Above Grade Sq.Ft.: 1969
Basement: Bulkhead | Full | Gravel | Stairs - Interior | Storage Space | Unfinished | Stairs - Basement
Foundation: Stone
Exterior Features:
Deck | Fence - Partial | Garden Space | Porch - Covered
Exterior Color: Gray
Roof: Shingle - Asphalt | Slate
Garage And Parking: Driveway | Parking Spaces 6+
Seasonal: No
Deck | Fence - Partial | Garden Space | Porch - Covered
Exterior Color: Gray
Roof: Shingle - Asphalt | Slate
Garage And Parking: Driveway | Parking Spaces 6+
Seasonal: No
Heating: Oil | Baseboard | Hot Air | Multi Zone
Cooling: Central AC
Electric: 200 Amp | Circuit Breaker(s)
Trash: Owner
Utilities: Cable
Electric Meters: 1
Gas_Meters: 0
Water: Public
Sewer: Public
Cooling: Central AC
Electric: 200 Amp | Circuit Breaker(s)
Trash: Owner
Utilities: Cable
Electric Meters: 1
Gas_Meters: 0
Water: Public
Sewer: Public
Land Information
Landscaped | Level | Sidewalks | Street Lights | In Town
Lot size: 0.41 acres
Zoned: MU-2)
Surveyed: Unk
Flood Zone: Yes
Road Frontage: 54
Driveway: Dirt | Gravel
Landscaped | Level | Sidewalks | Street Lights | In Town
Lot size: 0.41 acres
Zoned: MU-2)
Surveyed: Unk
Flood Zone: Yes
Road Frontage: 54
Driveway: Dirt | Gravel
Additional Information
Taxes $4,724
Assesed Value Not Reported
Taxes $4,724
Assesed Value Not Reported
Schools
School District: Southwest Vermont
Middle School: Mt. Anthony Union Middle Sch
High School: Mt. Anthony Sr. UHSD 14
School District: Southwest Vermont
Middle School: Mt. Anthony Union Middle Sch
High School: Mt. Anthony Sr. UHSD 14
