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$284,000   Price Analysis
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330 School St
Bennington, VT 05201
3 bed 3 bath 1,712 SqFt ($165/SqFt)
4,792SqFt lot. Built 1900
Listed 2024-03-05
USDA Eligible
near Bennington, VT
 

Exceptional Investment Property in Downtown Bennington with Impressive Cash Flow.

* Has Contingent Offer *

This investment property is a rare gem, boasting a prime location within walking distance to downtown Bennington. With most utilities separated, including electric meters and hot water tanks. This property has been thoughtfully designed for easy maintenance and as hands-off management as it comes. The durable vinyl siding, replacement windows and low-maintenance flooring and surfaces add to the property's appeal.

Tenants enjoy the convenence of having electric sub-panels within their units and the abundance of on-street and rear parking adds to the property's attractiveness. The long-term tenants, who have expressed a desire to stay, provide stable rental income. With a current Net Operating Income of around $26, 000 annually, this property offers an excellent return on investment. Don't miss this rare opportunity to own a well-maintained, income-generating property in a desirable locat ion. Please allow 48 hours to schedule showings.


Presented by Will Paquin at
Maple Leaf Realty.
Listing Agent Photo

Property MLS #4986831 from PrimeMLS

Bedrooms: 3

Water Heater Electric

Full Bathrooms: 3

Heating Features: Baseboard, Hot Water
Heating Fuel: Oil

Basement Description: Basement Description: Dirt Floor, Basement: Yes

Frontage Length: 49
Road Frontage Type: Yes
Roads: Paved, Public

Driveway: Dirt

Lot Size Acres: 0.1100092
Lot Size Square Feet: 4792

Number of Units: 3
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-1 Square Feet: 504
Unit-2 Square Feet: 720
Unit-3 Square Feet: 504
Unit 1 Total Actual Rent: 1000
Unit 2 Total Actual Rent: 1050
Unit 3 Total Actual Rent: 975

Annual Tax Amount: 3061.53
Source Listing Status: Under Contract
County: VT-Bennington
Directions: From the intersection of 7 and 9, go north on 7. Turn right into County St., then Right onto School St. Property will be on the right.
Tax Year: 2023
Source Property Type: Multi-Family
Zoning: VR
Source System Name: C2C

Listed 2024-03-05
$284,000
PrimeMLS
Listing removed 2023-12-24
$0
PrimeMLS
Listed 2023-09-21
$284,000
PrimeMLS

Total Square Feet Living: 1712
Year Built: 1900
Above Grade Finished Area: 1712
Below Grade Unfinished Area: 200
Construction Materials: Wood Frame, Vinyl Siding
Foundation Details: Stone
Property Age: 124
Property Condition: Existing
Roof: Shingle - Architectural
Levels or Stories: 2
Total Area Sqft: 1912
Architectural Style: Multi-Family

Electric: 100 Amp
Sewer: Public
Cable
Water Source: Public

Bennington Elementary School is a public elementary school located approximately 0.2 miles away.
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Mt. Anthony Senior Uhsd #14 is a public high school located approximately 0.2 miles away.
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Mt. Anthony Union Middle School is a public middle school located approximately 1.6 miles away.
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The School Of Sacred Heart St Francis De Sales is a private elementary and middle school located approximately 0.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.