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67 Main Street

Londonderry, VT 05155
  • $99,000
  • STATUS: Active
  • ON SITE: 251 days
  • MLS #: 4839813
$99,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Courtesy of Alexandra Eatmon of Kelley Real Estate, Inc..

Description

The core of this investment opportunity is retail space with a reliable tenant: the US Postal Service. With net income of $11,500/year, the purchase price could be recouped in less than nine years. The majority of the 4,600 sq foot space is two additional units, both currently unused. The ground floor, rear unit is completely unfinished, having formerly been an apartment that is now stripped down to the studs. The upper unit consists of a rear kitchen and two magnificent large rooms with tin ceilings, period decoration, and a grand piano; it was formerly an Oddfellows Hall, and needs significant renovation. Residential and many commercial purposes are limited due to the lack of a septic permit; the post office uses a holding tank which must be pumped out 3x/year.

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© Copyright 2021 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 2021-08-03T00:05:40.34.
www.livingvermont.com/homes/112179318
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67 Main Street Londonderry, VT 05155

  • Price: $99,000
  • Status: Active
  • MLS #: 4839813
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1920
Built
Neighborhood:
Londonderry
County:
Windham
Area:
Londonderry
Property Description
The core of this investment opportunity is retail space with a reliable tenant: the US Postal Service. With net income of $11,500/year, the purchase price could be recouped in less than nine years. The majority of the 4,600 sq foot space is two additional units, both currently unused. The ground floor, rear unit is completely unfinished, having formerly been an apartment that is now stripped down to the studs. The upper unit consists of a rear kitchen and two magnificent large rooms with tin ceilings, period decoration, and a grand piano; it was formerly an Oddfellows Hall, and needs significant renovation. Residential and many commercial purposes are limited due to the lack of a septic permit; the post office uses a holding tank which must be pumped out 3x/year.
Exterior Features

Construction Wood Frame Exterior Vinyl Siding Parking Driveway Road Frontage Yes Road Frontage Length 50 Roof Metal

Interior Features

Basement Yes Basement Access Type Interior Basement Description Crawl SpaceDirt Floor Foundation Poured Concrete Heating Forced Air Sq Ft Total Building 4608

Property Features

Covenants No Flood Zone Yes Gross Income 17000 Heat Fuel Gas - Lp/Bottle Natural Gas Available No Net Income 11500 Pre Construction No Sale Includes Building Only Seasonal No Sewer Holding Tank Span Number 357-110-11378 Sub Property Type InvestmentOpportunityRetail Tax Gross Amount 2375 Tax Year 2020 Taxes Tbd No Utilities Fiber Optic Internt Avail Water Private Zoning Village Residential

Courtesy of Alexandra Eatmon of Kelley Real Estate, Inc..


© Copyright 2021 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 2021-08-03T00:05:40.34.
 
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RE/MAX North Professionals
553 Roosevelt highway suite 200
Colchester VT, 05446
Courtesy of Alexandra Eatmon of Kelley Real Estate, Inc..