7 Southerberry DriveMilton, VT 05468MLS Number 4915486

Price: $449,900
Est. Mortgage of $/month
354 Days on Market

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!

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Basic Information

StatusPEN
List Price$449,900
Date Price Change03/08/2023
MLS Number4915486
MLS StatusPending

Property

Parking Spaces
Lot DescriptionPRD/PUD
Square Feet5,000
APX Fin AG Sqft5,000
RoadsAssociation, Public, Shared, Privately Maintained

Utilities

Heat FuelGas - Natural
Heat SystemForced Air, Monitor Type
WaterPublic
Water HeaterTank
ElectricCircuit Breaker(s)
SewerPublic
UtilitiesInternet - Cable

Location

TownMilton
StateVT
Zip05468
CountyChittenden
ZoningM4-C
Flood Zone Y/NNo

Interior

Interior AmenitiesMaster Insurance, Snow Removal, Common Acreage, Trash Removal

Exterior

ExteriorMetal, Vinyl
RoofShingle - Architectural
Exterior ColorRed

Other

Taxes$6,244.83
Seasonal Y/NNo
Foot Print Dim60 x 60
Unit 1 Deposit$1,025
Unit 2 Rent Amount$1,100
Unit 3 Rent Amount$925
Unit 4 Rent amount$1,000
View Count45

Building

Year Built2009
Building ConstructionWood Frame
StyleApartment Building
Units4
Unit 1 Bath1
Unit 1 Floor Location1
Unit 1 Total Rooms1
Unit 2 Bath1
Unit 2 Floor Location1
Unit 2 Total Rooms1
Unit 3 Bath1
Unit 3 Bedrooms1
Unit 3 Floor Location2
Unit 3 Total Rooms2
Unit 4 Bath1
Unit 4 Floor Location2
Unit 4 Total Rooms2
# of 1 Bedrooms2
Bathroom2
Total Baths2
FoundationSlab w/ Frost Wall

Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 June 3, 2023 3:53 AM EDT

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Your Questions & Comments I found a listing on "LARKIN REALTY" which you may be interested in:

7 Southerberry DriveMilton, VT 05468MLS Number 4915486

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