10-12 River Street · Milton · For Sale

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 $52,200. Well appointed property with good curb appeal and good signage. RE Taxes $6256 / insurance $3036 / W/S $947 quarterly.

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