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!
Closed
Listed by:
The Signature Realty Group,
Signature Properties of Vermont jarahr@signaturepropertiesvt.com
Bought with: Ridgeline Real Estate
$425,000
7 Southerberry Drive, Milton, VT 05468
2beds
5,000sqft
Multi Family
Built in 2009
-- sqft lot
$568,900 Zestimate®
$85/sqft
$1,968 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 16, 2023 at 06:38am
Listed by:
The Signature Realty Group,
Signature Properties of Vermont jarahr@signaturepropertiesvt.com
Bought with:
Andrea Hossley
Ridgeline Real Estate
Source: PrimeMLS,MLS#: 4915486
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air, Monitor Type
Cooling
- None
Appliances
- Included: Tank Water Heater
Features
- Has basement: No
Interior area
- Total structure area: 5,200
- Total interior livable area: 5,000 sqft
- Finished area above ground: 5,000
- Finished area below ground: 0
Property
Parking
- Parking features: Shared Driveway, Paved
Features
- Levels: Two
Lot
- Features: PRD/PUD
Details
- Parcel number: 39612314593
- Zoning description: M4-C
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Metal Siding, Vinyl Exterior
- Foundation: Slab w/ Frost Wall
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 2009
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Milton