228 RIVER STREET Bethel, VT 05032 | Multi-Family

$273,000

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5695 sqft.
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Coldwell Banker LIFESTYLES - Hanover

Description

Looking for an investment property? Situated on over 2 acres that extends to the river, this grand 1868 Federal style home is currently configured as a three unit rental property with wonderful interior finishes. The first floor is a spacious 2-bedroom unit with a very large eat-in kitchen with center island and soap stone counter tops, wood burning fireplace, wood floors, mahogany woodwork throughout, 10 foot high ceilings and large deck off one of two bedrooms. Upstairs, there are two more units one 2-bedroom as well as a second unit with 1-bedroom and a large grand foyer. Similar to the unit on the first floor, both units have wood floors, mahogany woodwork, 10 foot high ceilings and their own washers and dryers. In addition to the rental units, there is a large outbuilding which has a one car garage, a workshop and large spacious second floor with vaulted ceilings which was once used as an art studio. Sitting on 2.73+/- acres with 268 feet of frontage on the White River, this property has an expansive yard, lots of garden space in addition to the existing flower beds. This property is in a great location with easy access to I-89, Vermont Law School, the Upper Valley as well as Montpelier. Continue to use as three rental units or live in one unit and rent the other two. If looking to convert back to a single family home, can easily be done. Pictures are a mixture of rooms currently and prior to being occupied. Property is currently fully leased!

Property Details

List Price $289,000 Sold Price $273,000 List Date 2021-07-08 Sold Date 2021-12-17 MLS ID 4871190 Status Closed Property Type Multi-Family County VT-Windsor Days on Market 63

structure

AG Finished Area 4290.0 basement Yes cooling None Features Exterior Deck, Garden Space, Outbuilding, Porch - Covered flooring Carpet, Ceramic Tile, Laminate, Vinyl, Wood foundation details Stone garage spaces 1.0 garage y n Yes heating Radiator, Steam living area 5695.0 living area units Square Feet new construction Existing Parking Features Crushed Stone roof Membrane, Standing Seam stories 2 year built 1868

characteristics

Acres 2 lot size area 2.73 Lot SqFt 118919.0 lot size units Acres # of Units 3 possible use Unknown road frontage type Paved, Public road surface type Paved, Public view River view y n Yes water body name White River waterfront features Yes waterfront y n Yes

school

elementary school Bethel Elementary School high school Whitcomb Jr/Sr High School middle or junior school Whitcomb Jr/Sr High School

tax

tax annual amount 6386.12 tax year 2021 zoning Village

financial

gross income 43200.0 net operating income 20318.0 operating expense 22882.0

contract

foreclosure y n No

compensation

Buyer Agency Comp. 3 Buyer Agency Comp. Type % Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/18/2024 7:37:39 AM (UTC)