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Courtesy of Kyle Kershner of Killington Pico Realty.

233 S Main Street

Rochester, VT 05767
  • $635,000
  • STATUS: Active
  • ON SITE: 140 Days
  • MLS #: 4873589
$635,000
  • 0
    BEDS
  • 2.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

The Green Valley Complex is a mixed use investment property comprised of three buildings, including 10 one-bedroom residential apartments, a commercial retail/service unit and a free-standing medical professional building. The 4330 square foot Green Valley building, #233, offers seven 1BR apartments and a common coin-operated laundry room. Each unit has a living room, kitchen, bedroom and full bathroom; heat is oil-fired baseboard hot water. The 3540 square foot Carriage House, #237, offers three 1BR apartments, including a completely renovated garden level unit plus a recently remodeled hair salon. The Carriage House is heated by propane-fired baseboard hot water. The 1360 square foot clinic, #235, is a stand-alone medical building with lobby, reception desk, two exam rooms, two offices, bathroom and boiler room; the clinic is heated with propane fired radiant floor heat and employs a mini-split heat pump system for heat and air conditioning. The property is served by municipal water and sewer and the entire complex is in compliance with VT Fire and Safety regulations. All 12 units are currently leased, including a three year lease with option to renew for the medical clinic; heat and electric are included; tenants pay for cable and internet. With over $100K of documented improvements in the past three years and strong financials, this property represents an exceptional investment opportunity for both cash flow and long term appreciation.

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© Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-12-09T00:05:32.573.
www.thehickeyrealestategroup.com/homes/119560253
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233 S Main Street Rochester, VT 05767

  • Price: $635,000
  • Status: Active
  • On Site: 140 Days
  • MLS #: 4873589
0
Beds
0
Baths
0
½ Baths
2.2
Acres
Neighborhood:
Rochester
County:
Windsor
Area:
Rochester
Property Description
The Green Valley Complex is a mixed use investment property comprised of three buildings, including 10 one-bedroom residential apartments, a commercial retail/service unit and a free-standing medical professional building. The 4330 square foot Green Valley building, #233, offers seven 1BR apartments and a common coin-operated laundry room. Each unit has a living room, kitchen, bedroom and full bathroom; heat is oil-fired baseboard hot water. The 3540 square foot Carriage House, #237, offers three 1BR apartments, including a completely renovated garden level unit plus a recently remodeled hair salon. The Carriage House is heated by propane-fired baseboard hot water. The 1360 square foot clinic, #235, is a stand-alone medical building with lobby, reception desk, two exam rooms, two offices, bathroom and boiler room; the clinic is heated with propane fired radiant floor heat and employs a mini-split heat pump system for heat and air conditioning. The property is served by municipal water and sewer and the entire complex is in compliance with VT Fire and Safety regulations. All 12 units are currently leased, including a three year lease with option to renew for the medical clinic; heat and electric are included; tenants pay for cable and internet. With over $100K of documented improvements in the past three years and strong financials, this property represents an exceptional investment opportunity for both cash flow and long term appreciation.
Exterior Features

Lot Description LevelMajor Road Frontage Parking On-SiteUnpaved Road Frontage Yes Road Frontage Length 199 Transport Access Major Road AccessState HighwayPaved

Interior Features

Heating BaseboardHot WaterRadiant FloorMini Split Sq Ft Total Building 9230

Property Features

Assessment Amount 602500 Assessment Year 2021 Auction No Cable Company Comcast Commercial Features Fire System Covenants Unknown Electric 200 AmpCircuit Breaker(S) Electric Company Green Mountain Power Fuel Company Cv Oil Gross Income 91671 Heat Fuel Gas - Lp/BottleOil Investment Info Yes Phone Company Consolidated Pre Construction No Sale Includes Additional BuildingsLand/Building Seasonal No Sewer Public Span Number 52516511344 Sub Property Type InvestmentMulti-Family Surveyed Yes Tax Gross Amount 12925.44 Tax Rate 2.05 Tax Year 2021 Taxes Tbd No Utilities Cable - At SiteGas - Lp/BottleTelephone Available Water Public Zoning Village

Courtesy of Kyle Kershner of Killington Pico Realty.


© Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-12-09T00:05:32.573.
 
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