12 River Street Milton, VT 05468
Listing Courtesy of: NEREN / Coldwell Banker Hickok & Boardman / Theresa Ferrara
$880,000
5
BED
3
BATH
6,426
SQFT

  12 River Street Milton, VT 05468

Pending (239 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
Living Area
  • 6,426 sqft
Location
   
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