Bought with Suzan Yucht • Hoisington Realty, Inc.
$480,000
$500,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
5,263 SqFt
SOLD DATE : 03/26/2017
Key Details
Sold Price $480,000
Property Type Commercial
Sub Type Investment,Opportunity
Listing Status Sold
Purchase Type For Sale
Square Footage 5,263 sqft
Price per Sqft $91
MLS Listing ID 4484988
Sold Date 03/26/17
Construction Status Existing
Year Built 1861
Annual Tax Amount $7,626
Tax Year 2015
Property Description
Opportunity property that includes 2 C1 commercial spaces that are occupied additionally there are three residential apartments. Property Boasts 16 parking spaces, a rental history that would indicated a CAP rate of 7.5% when fully occupied. This property is located in the walking retail district. Manchester is experiencing a boom in commercial property; there are over 250 brand new hotel rooms build or under construction. It is a chance to invest while the economics of Manchester are rising.
Location
State VT
County Vt-bennington
Area Vt-Bennington
Zoning C1
Rooms
Basement Entrance Walk-up
Basement Gravel
Exterior
Exterior Feature Wood Siding
Utilities Available Cable - Available
Building
Sewer Public
Water Public
Construction Status Existing
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