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Listing Provided By Hank Gintof Jr. with Signature Properties of Vermont
$795,000
223 & 227-229 Railroad Street, Milton, VT 05468
8 Beds
3 Baths
4,100 sqft

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Listing Provided By Hank Gintof Jr. with Signature Properties of Vermont
FANTASTIC INVESTMENT OPPORTUNITY! Two separate parcels with 3 single family homes that can be merged together to create up to 21 residential units and 7.200 sq. ft. of commercial space in high rise. OR 12 residential units with 8,000 sq. ft. of commercial space. No permits in hand. MANY OPTIONS FOR AN INVESTOR/DEVELOPER EXIST! Town water/sewer and natural gas make utilities affordable and easy. LOCATED ACROSS FROM SHOPPING CENTER AND SO CLOSE TO EVERYTHING! SEE UPLOADED DOCUMENTS FOR ENGINEER ANALYSIS AND OTHER INFO. ZONING: DOWNTOWN BUSINESS DISTRICT DB-1. FIRST FLOOR - COMMERCIAL. UPPER FLOOR - RESIDENTIAL. *Owner is a licensed VT Realtor
  • Price:
  • $795,000
  • Bedrooms:
  • 8
  • Full Baths:
  • 3
  • Square Footage:
  • 4,100
  • Acreage:
  • 0.87
  • Year Built:
  • 1930
  • Listing ID #:
  • 4826700
  • Street Address:
  • 223 & 227-229 Railroad Street
  • City:
  • Milton
  • State:
  • Vermont
  • Postal Code:
  • 05468
  • County:
  • Chittenden
  • Listing Status:
  • Active
  • Basement Access:
  • Interior
  • Basement Description:
  • Unfinished, Interior Access, Exterior Access
  • Construction Description:
  • Wood Frame
  • Construction Status:
  • Existing
  • Finished Above Ground Square Footage:
  • 4100
  • Finished Square Feet:
  • 4100
  • Foundation:
  • Concrete
  • Has Basement:
  • Yes
  • Number Of Units:
  • 3
  • Siding:
  • Wood Siding
  • Stories:
  • 2
  • Style:
  • Detached, Multi-Family
  • Total Building Square Footage:
  • 5100
  • Type Of Roof:
  • Shingle - Other
  • Unfinished Basement Square Footage:
  • 1000
  • Unit1 Bathrooms:
  • 1
  • Unit1 Bedrooms:
  • 2
  • Unit1 Square Footage Range:
  • 1000
  • Unit2 Bathrooms:
  • 1
  • Unit2 Bedrooms:
  • 3
  • Unit2 Square Footage Range:
  • 1600
  • Unit3 Bathrooms:
  • 1
  • Unit3 Bedrooms:
  • 3
  • Year Built:
  • 1930
  • Gross Income:
  • 55500
  • Operating Expense:
  • 12000
  • Conforms To Zoning:
  • Db-1 Business District
  • Lot Description:
  • Level
  • Lot Square Footage:
  • 37897
  • Road Type:
  • Public
  • Days On Market:
  • 179
  • Price Per Square Foot:
  • 193.90
  • Property Taxes:
  • $9,728
  • Tax Year:
  • 2020
  • Driveway:
  • Common/Shared
  • Garage Capacity:
  • 6
  • Garage Type:
  • Detached
  • Has Garage:
  • Yes
  • Electricity:
  • Circuit Breaker(s)
  • Existing Water:
  • Public
  • Heating:
  • Hot Air
  • Heating Fuel:
  • Oil
  • Sewage Type:
  • Public
  • Water Heater:
  • Owned
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Hank Gintof Jr. with Signature Properties of Vermont
  • VMONT