12 River StreetMilton, VT 05468MLS Number 4923114

  • Price: $880,000
  • Est. Mortgage of $/month
  • 121 Days on Market
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Federal 30-year interest rate: 6.58% last updated on Nov 23, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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12 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 0546812 River Street Milton VT 05468
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  • 0.3Acreage
  • 3Bathrooms
  • 1900Year Built
  • 6,426Square Feet

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Listed by Theresa Ferrara Team of Coldwell Banker Hickok and Boardman
Investors, landlords & entrepreneurs this is your opportunity to own an impeccably maintained & updated mixed-use treasure in Chittenden County. Central to Milton's 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!

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More Info

Basic Information

  • StatusACT
  • List Price$880,000
  • Date Price Change09/12/2022
  • MLS Number4923114
  • MLS StatusActive

Property

  • Acreage0.3
  • Parking Spaces
  • Lot DescriptionCity Lot, Landscaped, Sidewalks, Sloping
  • Square Feet6,426
  • APX Fin AG Sqft2,190
  • Road Frontage97
  • RoadsPaved, Public
  • AreaBusiness District, Commercial Zoning, In Town, Near Public Transportatn, Near Shopping

Utilities

  • Heat FuelOil
  • Heat SystemHot Air
  • WaterDrilled Well, Public
  • Water HeaterIncluded, Kerosene, Oil, On Demand
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesCable, High Speed Intrnt -Avail

Location

  • TownMilton
  • StateVT
  • Zip05468
  • CountyChittenden
  • ZoningMixed Use; Commercial
  • Elementary SchoolMilton Elementary School
  • Junior HighMilton Jr High School
  • High SchoolMilton Senior High School
  • Flood Zone Y/NNo

Interior

  • APX Fin Below Grade4,236
  • FloorsConcrete, Laminate, Vinyl Plank

Exterior

  • ExteriorBrick, Vinyl Siding
  • RoofMembrane, Shingle
  • Exterior ColorBrick

Water Body

  • Water AccessNo

Other

  • Taxes$6,541.29
  • Tax Yr2021
  • Seasonal Y/NNo
  • Unit 1 Deposit$1,360
  • Unit 2 Rent Amount$1,800
  • Unit 3 Rent Amount$1,800
  • View Count6

Building

  • Year Built1900
  • Building ConstructionOther, Wood Frame
  • StyleMulti-Family, Multi-Level
  • Units3
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • # of 1 Bedrooms1
  • # of 2 Bedrooms2
  • Bathroom3
  • Total Baths3
  • BasementFinished, Slab, Storage Space, Interior Access
  • FoundationConcrete

Amenities

  • Exterior AmenitiesNatural Shade, Porch - Covered, Window Screens
Dousevicz Real Estate
Dousevicz Real Estate
Office: 802-879-4477
21 Carmichael St
Essex, VT 05452
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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. 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 November 26, 2022 8:23 PM EST.

 

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