Map
Listed price in listed location currency (USD).
$649,000

000

MLS® 5111465

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 13788 sqft
Garage 
Taxes $14,272
Days Active 0
Lot Size 0.5 Acres
Approx. Age 1880
Avg. Price Per Sqft $47
MLS® Number 5111465

Property Address: 23 School St, Chester, VT, 05143-8202

Average square foot calculated using Size range provided by listing agent.

Description

A rare opportunity to acquire a fully occupied, well-maintained mixed-use property in one of Chester’s most recognizable village locations. The front portion of the building is leased as professional office space for $5, 000 per month, with the commercial tenant responsible for heat and electricity. The tenant has expressed interest in entering into a significantly longer-term lease, with the lease length and additional terms to be negotiated directly with the next owner. The property includes four additional residential units, all currently rented, including one leased by the commercial tenant for employee housing. Detailed income, expense, and lease information is available through your agent. Carefully maintained over the years, the building requires no known major upgrades or repairs and is ready for its next owner. More than sufficient parking is available on both sides of the building, along with abundant storage throughout the property, including basement garage space. Its location just off the historic Chester Village Green provides excellent visibility and steady Main Street traffic for commercial use, while remaining comfortable and quiet for residential tenants. Local shops, restaurants, and village amenities are all nearby, and Chester’s iconic Swinging Bridge, the Williams River, and its scenic footpath are less than a quarter mile away at the end of School Street. With established tenants, multiple income streams, ample parking and storage, and an outstanding village location, 23 School Street offers an exceptional opportunity to step into a strong-performing property from day one.
MLS® Number5111465
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1880
BasementLocked Storage, Storage Space, Unfinished
DrivewayDriveway, Off Street, On Site, Parking Spaces 6+, Unassigned, Unpaved
Garage Spaces
HeatOil, Baseboard
A/CNone

Extras

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties