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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 #: 4923137
UPDATED: 72 min ago
$940,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

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 2022-08-18T20:05:46.227.
www.livingvermont.com/homes/131410671
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12 River Street Milton, VT 05468

  • Price: $940,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 72 min ago
  • MLS #: 4923137
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1900
Built
Neighborhood:
Milton
County:
Chittenden
Area:
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

Construction OtherWood Frame Exterior BrickShingleVinyl Siding Lot Description City LotLandscapedSidewalksSloping Parking AssignedDrivewayOn-SiteParking Spaces 6+PavedVisitor Road Frontage Yes Road Frontage Length 97 Roof MembraneShingle Transport Access City StreetPublic TransportationPaved

Interior Features

Basement Yes Basement Access Type Walkout Basement Description FinishedSlabStorage SpaceInterior Access Cooling Other Equipment Co DetectorSmoke Detector Foundation Poured ConcreteSlab - Concrete Heating Hot AirHot Water Sq Ft Total Building 6426

Property Features

Accessibility Features Access Common Use AreasAccess ParkingAccess RestroomsAccessibility FeaturesPaved Parking Auction No Cable Company Xfinity Comcast Commercial Features Living Space AvailablePublic Restrooms Covenants Unknown Electric Circuit Breaker(S) Electric Company Green Mountain Power Flood Zone No Fuel Company Rowley's Fuel Heat Fuel Gas - Lp/BottleOil Items Excluded Businesses Are independent Leases. Land/Physical Building Convey. Natural Gas Available No Net Income 66084.31 Phone Company Verizon Pre Construction No Sale Includes EquipmentLand/Building Seasonal No Sewer Public Span Number 396-123-10931 Sub Property Type BusinessInvestmentMulti-Family Surveyed Yes Tax Gross Amount 6541.29 Tax Year 2021 Tax Year Notes 2021-2022 Taxes Tbd No Utilities CableHigh Speed Intrnt -AtsiteInternet - Cable Water Drilled WellPublic Zoning CommercialResidential

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 2022-08-18T20:05:46.227.
 
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