965 Main St - Apartments FOR SALE


Colchester, VT 05446
$775,000 USD
802-777-0732
965 Main St, Colchester, VT for Sale
$775,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

965 Main St
Colchester, VT 05446


OVERVIEW

Mixed use building consisting of 3 apartments, 1 Office space, and a barn! This 4,644 SF +/- stand alone, two-level apartment building is in excellent condition, with lots of windows and a clean, professional aesthetic. Built in 1923, this property has been fully renovated with new plumbing, updated windows, a new rubber membrane roof, and new wiring. The office space has lots of exposure, high ceilings, ample natural light, wood floors, and a functional nice layout along with plenty more space downstairs. The barn has two levels, and a new metal roof that could provide many uses for businesses. For an owner user, you will enjoy the excellent road front, easy parking, and a convenient location. For an investor, month to month tenants allow you to increase rents, and the barn offers endless potential. This is an investment opportunity that you won’t want to miss out on. Offered at $775,000 Features: • Total Square footage: 4,644 SF • Above Grade square footage: 3,180 SF • Great Signage • Close proximity to local schools, library, • 3 Month to month tenants, 1 vacant commercial space. • Older barn to improve on • Corner lot on 4 way intersection!

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$167 USD /SF

# OF UNITS

5

PRICE/UNIT

$155,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,068 SF

ZONING

GD1

APN/PARCEL ID

(048) 24-0310030000000

ASK ABOUT THIS PROPERTY

Jaeger NeddeNedde Real EstateMore Info
802-777-0732

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Jaeger NeddeNedde Real EstateMore Info
802-777-0732

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.