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Courtesy of Kassian Prior of Kw Vermont: .

2 Main Street

Richford, VT 05476
  • $229,000
  • STATUS: Active
  • ON SITE: 142 Days
  • MLS #: 4962159
UPDATED: 10 min ago
$229,000
  • 4
    BEDS
  • 0.04
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 4,611
    SQFT
  • $50
    $/SQFT
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

Description

Welcome to this exceptional multi-unit investment property with endless potential! Historic 3-story brick building spanning 4,611 square feet has undergone an elaborate renovation by the current owner, ensuring a turnkey investment opportunity. With 2 spacious apartments and a 1st floor commercial space, this property offers a range of possibilities. Renovations have encompassed essential aspects such as electrical, flooring, cosmetics, plumbing and heat pump installation. Apartments are currently leased, providing a steady rental income stream. The commercial space on 1st floor is vacant, presenting a blank canvas for your business idea to thrive. Featuring an open layout and walk-in closet, the 1st floor offers access to the basement. Bring your vision opening a pizza shop, club/bar, salon, or yoga studio, this property caters to a wide array of businesses. The potential for outdoor dining and lounge areas overlooking the picturesque Missisquoi River enhances the appeal. 2 apartments, situated on the 2nd and 3rd floors respectively, consist of 2 bedrooms and 1 bathroom. They offer new appliances and boast stunning views of the Missisquoi River. The third floor also houses a large bonus room, separate from the apartments. Communal laundry room! Tall ceilings and original wood work. Just 1 hour to Burlington & Montreal. Short ride to Jay Peak for skiing, snowboarding and more! Don't miss out on this exceptional opportunity for entrepreneurial success in thriving community!

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© Copyright 2023 PrimeMLS. 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 PrimeMLS. 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 2023-12-10T08:06:29.093.
www.livingvermont.com/homes/141668912
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2 Main Street Richford, VT 05476

  • Price: $229,000
  • Status: Active
  • On Site: 142 Days
  • Updated: 10 min ago
  • MLS #: 4962159
4
Beds
2
Baths
0
½ Baths
0.04
Acres
4,611
SQFT
$50
$/SQFT
1920
Built
County:
Franklin
Area:
Richford
Property Description
Welcome to this exceptional multi-unit investment property with endless potential! Historic 3-story brick building spanning 4,611 square feet has undergone an elaborate renovation by the current owner, ensuring a turnkey investment opportunity. With 2 spacious apartments and a 1st floor commercial space, this property offers a range of possibilities. Renovations have encompassed essential aspects such as electrical, flooring, cosmetics, plumbing and heat pump installation. Apartments are currently leased, providing a steady rental income stream. The commercial space on 1st floor is vacant, presenting a blank canvas for your business idea to thrive. Featuring an open layout and walk-in closet, the 1st floor offers access to the basement. Bring your vision opening a pizza shop, club/bar, salon, or yoga studio, this property caters to a wide array of businesses. The potential for outdoor dining and lounge areas overlooking the picturesque Missisquoi River enhances the appeal. 2 apartments, situated on the 2nd and 3rd floors respectively, consist of 2 bedrooms and 1 bathroom. They offer new appliances and boast stunning views of the Missisquoi River. The third floor also houses a large bonus room, separate from the apartments. Communal laundry room! Tall ceilings and original wood work. Just 1 hour to Burlington & Montreal. Short ride to Jay Peak for skiing, snowboarding and more! Don't miss out on this exceptional opportunity for entrepreneurial success in thriving community!
Exterior Features

Construction Masonry Driveway None Exterior Brick Veneer Has Garage No Lot Description Water View Parking Off-SiteParking Spaces 4 Road Frontage Yes Road Frontage Length 60 Roads PavedPublic Roof Membrane Style Multi-LevelTri-Level Water Body Type River Water View YN Yes Waterfront Property Yes Waterfront Property Rights Exclusively Owned

Interior Features

Basement Access Type Interior Basement Description Dirt FloorStairs - ExteriorStairs - InteriorInterior AccessExterior AccessStairs - Basement Cooling None Flooring LaminateWood Foundation Stone Has Basement Yes Heating ElectricForced AirHeat PumpMulti Zone Total Refrigerators 2 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Water Heater Owned

Property Features

Cable Company Comcast Construction Status Existing Electric Circuit Breaker(s) Flood Zone Unknown Foreclosed / Bank Owned / REO No Fuel Company Freds Gross Income 54000 Heat Fuel ElectricOil Pre Construction No Seasonal No Sewer Public Tax Gross Amount 3058.64 Tax Year 2022 Taxes Tbd No Total1 Bed Units 0 Total2 Bed Units 2 Total3 Plus Bed Units 0 Unit2 Info Appliances IncludedCO DetectorHeatHot Water Unit2 Rental Amount 1100 Unit2 Tenant Pays ElectricHeat Unit3 Info Appliances IncludedCO DetectorHeatHot Water Unit3 Rental Amount 1000 Utilities Cable - AvailableInternet - CableTelephone Available Water Public Water Restrictions Unknown Zoning Residential/Commercial

Courtesy of Kassian Prior of Kw Vermont: .


© Copyright 2023 PrimeMLS. 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 PrimeMLS. 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 2023-12-10T08:06:29.093.
 
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