Listing Presented by:
Linda I. Letourneau
Associate
Office: 802-864-2000 x3
Cell: 802-343-2107
208 Flynn Avenue, Studio 2i
Burlington, VT 05401
| Investment Property | |
| Price: | $675,000 |
| Address: | 10-12 River Street |
| Milton, VT 05468 | |
| Use: | Residential / Commercial |
| Type: | For Sale |
| Size: | 6,020 SF on .30 Acre Lot |
| Available: | Immediately |
| Parking: | On Site |
Description:
Located in Milton with approx. 97’ of frontage on Main Street, this mix use property is well appointed and has good curb appeal. Building has a brick and vinyl façade, municipal water/sewer, parking on the front as well as up behind the building and good roof in place. Property is fully leased with a tenant roster of 3 apartment rentals and 5 commercial tenants – a hair salon & 4 office tenants. The property is heated by two furnaces, oil (apt furnace) and a York HVAC unit by propane for the commercial spaces. Polish concrete flooring in the commercial portion of the property. Upward potential to increase rents. See proforma, NOI $57,451. Well appointed property with good curb appeal and good signage. RE Taxes $6256 / insurance $3036 / W/S $947 quarterly.