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Courtesy of Kassian Prior of Kw Vermont: .

2 Main Street

Richford, VT 05476
  • $249,000
  • STATUS: Active
  • ON SITE: 63 Days
  • MLS #: 4962342
Price Reduced
UPDATED: 59 min ago
$249,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
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 toBurlington & 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 2023-09-23T07:06:52.667.
www.livingvermont.com/homes/141717682
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2 Main Street Richford, VT 05476

  • Price: $249,000
  • Status: Active
  • On Site: 63 Days
  • Updated: 59 min ago
  • MLS #: 4962342
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1920
Built
Neighborhood:
Richford
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 toBurlington & 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 Exterior Brick Veneer Lot Description Water View Parking None Road Frontage Yes Road Frontage Length 60 Roof Membrane Water Body Access YN No Water Body Type River Water View YN Yes Waterfront Property Yes Waterfront Property Rights Exclusively Owned

Interior Features

Basement Yes Basement Access Type Interior Basement Description Dirt FloorStairs - ExteriorStairs - InteriorInterior AccessExterior AccessStairs - Basement Cooling None Foundation Stone Heating ElectricForced AirHeat PumpMulti Zone Sq Ft Total Building 4611

Property Features

Cable Company Comcast Commercial Features Living Space AvailableOtherIn-Unit Bathroom Electric Circuit Breaker(S) Foreclosed / Bank Owned / REO No Fuel Company Freds Gross Income 54000 Heat Fuel ElectricOil Investment Info Unknown Net Income 45231.36 Pre Construction No Sale Includes Building Sewer Public Span Number 516-162-10589 Sub Property Type BusinessHospitalityInvestmentMulti-FamilyOfficeOpportunityOtherRetail Tax Gross Amount 3058.64 Tax Year 2022 Taxes Tbd No Utilities Cable - AvailableInternet - CableTelephone Available Vacant Land No 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 2023-09-23T07:06:52.667.
 
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