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Courtesy of Blake Gintof of Signature Properties Of Vermont.

7 Southerberry Drive

Milton, VT 05468
  • $500,000
  • STATUS: Active
  • ON SITE: 177 Days
  • MLS #: 4915486
UPDATED: 28 min ago
$500,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 5,000
    SQFT
  • $100
    $/SQFT
Type:
Multi-Family
Built:
2009
County:
Area:

School Ratings & Info

Description

This Turn Key Mixed Use Investment Building Is Perfect For Your Portfolio! Two larger commercial units below totaling almost 3,600 sqft of open and creative space currently leased together as a dance studio but can be separated for greater flexibility very easily when current tenants lease expires. Upstairs you will find two nicely sized and attractive 1BR apartments that are also currently rented and tenant occupied. Both units have their own private storage area for additional storage needs on ground level. Plenty of on site parking and common area parking for many different business opportunities you could explore with a property like this! Solid building and PUD amenities make this investment easy to manage with great numbers even though they are currently under the going market rate. Commercial space in this area goes for around $1.00 per sqft. This zoning district offers a lot of great opportunities for your business while bringing in additional residential rental income! What a great ROI this could be for you! You don't find opportunities like this one very often for this price so take advantage while you can!

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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 2022-12-09T18:05:53.953.
www.livingvermont.com/homes/129839094
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7 Southerberry Drive Milton, VT 05468

  • Price: $500,000
  • Status: Active
  • On Site: 177 Days
  • Updated: 28 min ago
  • MLS #: 4915486
2
Beds
2
Baths
0
½ Baths
N/A
Acres
5,000
SQFT
$100
$/SQFT
2009
Built
County:
Chittenden
Area:
Milton
Property Description
This Turn Key Mixed Use Investment Building Is Perfect For Your Portfolio! Two larger commercial units below totaling almost 3,600 sqft of open and creative space currently leased together as a dance studio but can be separated for greater flexibility very easily when current tenants lease expires. Upstairs you will find two nicely sized and attractive 1BR apartments that are also currently rented and tenant occupied. Both units have their own private storage area for additional storage needs on ground level. Plenty of on site parking and common area parking for many different business opportunities you could explore with a property like this! Solid building and PUD amenities make this investment easy to manage with great numbers even though they are currently under the going market rate. Commercial space in this area goes for around $1.00 per sqft. This zoning district offers a lot of great opportunities for your business while bringing in additional residential rental income! What a great ROI this could be for you! You don't find opportunities like this one very often for this price so take advantage while you can!
Exterior Features

Color Red Construction Wood Frame Driveway Common/SharedPaved Exterior MetalVinyl Has Garage No Lot Description Prd/Pud Road Frontage Tbd Roads AssociationPublicSharedPrivately Maintained Roof Shingle - Architectural Style Apartment Building

Interior Features

Cooling None Foundation Slab W/ Frost Wall Has Basement No Heating Forced AirMonitor Type Total Heated Units 3 Total Ranges 2 Total Refrigerators 2 Total Water Heaters 3 Unit1 Approx Sq Ft 1800 Unit1 Baths 1 Unit2 Approx Sq Ft 1800 Unit2 Baths 1 Unit3 Approx Sq Ft 800 Unit3 Baths 1 Unit4 Approx Sq Ft 800 Unit4 Baths 1 Water Heater Tank

Property Features

Association Amenities Master InsuranceSnow RemovalCommon AcreageTrash Removal Construction Status Existing Easements Unknown Electric Circuit Breaker(S) Flood Zone No Foreclosed / Bank Owned / REO No Gross Income 48600 Heat Fuel Gas - Natural Pre Construction No Seasonal No Sewer Public Tax Gross Amount 6244.83 Tax Year 2022 Taxes Tbd No Total Electric Meters 4 Total Gas Meters 4 Total Leases 4 Total1 Bed Units 2 Total2 Bed Units 0 Total3 Plus Bed Units 0 Unit1 Rental Amount 1025 Unit1 Tenant Pays All Utilities Unit2 Rental Amount 1100 Unit2 Tenant Pays All Utilities Unit3 Rental Amount 925 Unit4 Rental Amount 1000 Unit4 Tenant Pays All Utilities Utilities Internet - Cable Water Public Zoning M4-C

Courtesy of Blake Gintof of Signature Properties Of Vermont: [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 2022-12-09T18:05:53.953.
 
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