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Courtesy of Theresa Ferrara Team of Coldwell Banker Hickok And Boardman.

12 River Street

Milton, VT 05468
  • $940,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 4923114
UPDATED: 94 min ago
$940,000
  • 5
    BEDS
  • 0.3
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 6,426
    SQFT
  • $146
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
School District:

Description

Investors, landlords & entrepreneurs this is your opportunity to own an impeccably maintained & updated mixed-use treasure in Chittenden County. Central to Miltons business district & only minutes to I-89, this unique 2.5 story property contains 3 residential apartments in the upper level, with 5 business units beneath. All units are currently leased to reliable tenants - with five flourishing businesses operating on the lower level. In addition to ample parking & handicap accessibility, this property is convenient & functional - the owner has done endless updating to ensure ultimate efficiency & extend the longevity of the building. With over 6,000 sq. feet of finished, usable space the opportunities are endless. Every aspect of exterior upkeep has been covered - fresh pavement throughout the parking lots & driveway, retention areas to deter excess water, new shingles on the residential portion of the building & a white rubber membrane roof. A fully functioning drilled well exists on the property, should the new owner choose to switch from municipal water. With a new stainless steel liner installed in the chimney just last year - the dedication to this property is evident. Vast interior updating was complete in 2019, including new polished concrete in the commercial section, suspended ceilings, new wiring & LED lighting. An ADA bathroom was also installed, as well as a leisure room & a break-room for employees. If you are seeking a business opportunity, this is it!

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© Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-08-18T21:06:37.243.
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12 River Street Milton, VT 05468

  • Price: $940,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 94 min ago
  • MLS #: 4923114
5
Beds
3
Baths
0
½ Baths
0.3
Acres
6,426
SQFT
$146
$/SQFT
1900
Built
County:
Chittenden
Area:
Milton
Elementary School:
Milton Elementary School
Middle School:
Milton Jr High School
High School:
Milton Senior High School
School District:
Milton
Property Description
Investors, landlords & entrepreneurs this is your opportunity to own an impeccably maintained & updated mixed-use treasure in Chittenden County. Central to Miltons business district & only minutes to I-89, this unique 2.5 story property contains 3 residential apartments in the upper level, with 5 business units beneath. All units are currently leased to reliable tenants - with five flourishing businesses operating on the lower level. In addition to ample parking & handicap accessibility, this property is convenient & functional - the owner has done endless updating to ensure ultimate efficiency & extend the longevity of the building. With over 6,000 sq. feet of finished, usable space the opportunities are endless. Every aspect of exterior upkeep has been covered - fresh pavement throughout the parking lots & driveway, retention areas to deter excess water, new shingles on the residential portion of the building & a white rubber membrane roof. A fully functioning drilled well exists on the property, should the new owner choose to switch from municipal water. With a new stainless steel liner installed in the chimney just last year - the dedication to this property is evident. Vast interior updating was complete in 2019, including new polished concrete in the commercial section, suspended ceilings, new wiring & LED lighting. An ADA bathroom was also installed, as well as a leisure room & a break-room for employees. If you are seeking a business opportunity, this is it!
Exterior Features

Area Description Business DistrictCommercial ZoningIn TownNear ShoppingNear Public Transportatn Color Brick Construction OtherWood Frame Driveway Common/SharedPaved Exterior BrickVinyl Siding Exterior Features Natural ShadePorch - CoveredWindow Screens Has Garage No Lot Description City LotLandscapedSidewalksSloping Parking AssignedDrivewayOff StreetOn-SiteParking Spaces 6+Paved Road Frontage Yes Road Frontage Length 97 Roads PavedPublic Roof MembraneShingle Style Multi-FamilyMulti-Level

Interior Features

Basement Access Type Walkout Basement Description FinishedSlabStorage SpaceInterior Access Cooling Wall Ac Units Flooring ConcreteLaminateVinyl Plank Foundation Concrete Has Basement Yes Heating Hot Air Total Refrigerators 3 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Water Heater IncludedKeroseneOilOn Demand

Property Features

Auction No Cable Company Xfinity Comcast Construction Status Existing Easements Unknown Electric Circuit Breaker(S) Electric Company Green Mountain Power Flood Zone No Fuel Company Rowley's Fuel Heat Fuel Oil Items Excluded Land And Physical Building Convey. Businesses Operate As independent Leases. Phone Company Verizon Pre Construction No Seasonal No Sewer Public Tax Gross Amount 6541.29 Tax Year 2021 Taxes Tbd Yes Total Electric Meters 3 Total1 Bed Units 1 Total2 Bed Units 2 Total3 Plus Bed Units 0 Unit1 Info Appliances IncludedDryerHeat - OilLaundry HookupStorageWasher Unit1 Rental Amount 1360 Unit1 Tenant Pays ElectricInternet ServiceTv Service Unit2 Info Appliances IncludedDryerHeat - OilLaundry HookupStorageWasher Unit2 Rental Amount 1800 Unit2 Tenant Pays ElectricInternet ServiceTv Service Unit3 Info Appliances IncludedDryerLaundry HookupStorageWasher Unit3 Rental Amount 1800 Unit3 Tenant Pays ElectricInternet ServiceTv Service Utilities CableHigh Speed Intrnt -Avail Water Drilled WellPublic Zoning Mixed Use; Commercial

Courtesy of Theresa Ferrara Team of Coldwell Banker Hickok And Boardman: [IDXCONTACTINFORMATION].


© Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-08-18T21:06:37.243.
 
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