12 River Street Milton, VT 05468
Listing Courtesy of: NEREN / Coldwell Banker Hickok & Boardman / Theresa Ferrara
$880,000
5
BED
3
BATH
2,190
SQFT

  12 River Street Milton, VT 05468

Active (126 Days)

Description

Investors, landlords & entrepreneurs this is your opportunity to own an impeccably maintained & updated mixed-use treasure in Chittenden County. Central to Miltons business district & only minutes to I-89, this unique 2.5 story property contains 3 residential apartments in the upper level, with 5 business units beneath. All units are currently leased to reliable tenants - with five flourishing businesses operating on the lower level. In addition to ample parking & handicap accessibility, this property is convenient & functional - the owner has done endless updating to ensure ultimate efficiency & extend the longevity of the building. With over 6,000 sq. feet of finished, usable space the opportunities are endless. Every aspect of exterior upkeep has been covered - fresh pavement throughout the parking lots & driveway, retention areas to deter excess water, new shingles on the residential portion of the building & a white rubber membrane roof. A fully functioning drilled well exists on the property, should the new owner choose to switch from municipal water. With a new stainless steel liner installed in the chimney just last year - the dedication to this property is evident. Vast interior updating was complete in 2019, including new polished concrete in the commercial section, suspended ceilings, new wiring & LED lighting. An ADA bathroom was also installed, as well as a leisure room & a break-room for employees. If you are seeking a business opportunity, this is it!

MLS #:
4923114
Taxes
$6,541(2021)
Lot Size
0.3 acres
Type
Multifamily
Year Built
1900
Style
Multi-Level, Multi-Family
School District
Milton
County
Chittenden County
Bathroom Details
Lot Information
  • Sloping
  • Sidewalks
  • Landscaped
  • City Lot
Property Features
  • Foundation: Concrete
Heating and Cooling
  • Hot Air
  • Wall Ac Units
Basement Information
  • Interior Access
  • Storage Space
  • Slab
  • Finished
Flooring
  • Vinyl Plank
  • Laminate
  • Concrete
Exterior Features
  • Vinyl Siding
  • Brick
  • Roof: Shingle
  • Roof: Membrane
Utility Information
  • Sewer: Public
  • Fuel: Oil
School Information
  • Elementary School: Milton Elementary School
  • Middle School: Milton Jr High School
  • High School: Milton Senior High School
Parking
  • Paved
  • Parking Spaces 6+
  • On-Site
  • Off Street
  • Driveway
  • Assigned
Stories
  • 2.5
Location
   
Calculate drive times to this property
 

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer:
© 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. 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: 12/2/22 20:59..