734 Us Route 4 East , 9, 10 & 11

Description

Investment opportunity: Four Professional Office Condominium Units offered as a package: 1,311 sq. ft: Unit 4 (leased): 311 sq. ft. on main floor with private bath and front and rear entry doors; Units 9, 10 & 11 comprise the full 2nd floor of the bldg, and share a stairway, hallway and bath. Only Unit 11 is leased on 2nd floor. Built in 1989,the Knollwood Professional Building is an attractive wood frame 4,565 sq. ft. office building with 3 levels, including a walk-out lower level. Ample on-site paved parking makes this location perfect for professionals and businesses wishing to locate on a main route (US Route 4) on the East side of Rutland, the main route to Killington and Pico Ski Resorts. Although it appears clear to the naked eye, Water from the on-site well tests slightly silted, and so office occupants are advised in Leases not to drink the tap water, and to use bottled water for drinking and coffee making. Units 9 & 10 available for lease as a 1- or 2-room office for $775/mo., + electric for the two. The full 2nd floor (3 rooms, 1,000 sf) is also available for purchase separately for $59,500. Unit 4, main floor 311 sf, asking $29,500 alone; Units 9, 10 & 11, 2nd floor walk-up, 1,000 sf, must be purchased together; All 4 of the above Units, total 1,311 sf, are available for $79,500. So right now one can buy that package and collect $650/mo, in rent while occupying 2 offices!