94 Main St, Putney, VT 05346
8 Unit Apartment Building | $494,000 ($61,750/Unit) | 8.11% Cap Rate | Putney, VT 05346
Asking Price $494,000
- Property Type
-
Multifamily
- Square Feet
- 4,821 SF
Listing Contacts
Dan Normandeau
Property Overview
SUPERB OPPORTUNITY to own one of, if not THE best, mixed-use, investment properties in the region. First time offered in the past 68 years!! Located in the sought-after village of Putney, Vermont, this 8-unit property offers 4 residential units, 4 office units, 9 units of income-producing storage, and a substantial, street-grade parking area for building residents and clients. The property is what every investor dreams of; location, quality condition and build, spacious unit size, superb parking, and public water and sewer. Located mid-length along this vibrant village’s Main Street, it’s a very short walk to the Post Office, General Store and Co-op, local bank, eateries, library, and more. Convenient highway access off exit 4 of I91. Local to Putney School, Landmark College, The Grammar School, and Greenwood School. Come grow (or create) your nest egg today. It’s time to diversify, and acquiring a steady income stream is the best way forward!!! Excellent investment with superb ROI potential. LOCATION & OPPORTUNITY. This is THE ONE for you. Do NOT miss out! Financials and private showings on request. Delayed Showings begin on May 26, 2024.
Property Details
- Class
- B
- Year Built
- 1944
- Stories
- 2
- Lot Size (sq. ft)
- 62,291 SF
- Units
- 8
Highlights
- First time offered in the past 68 years!!
- Located in the sought-after village of Putney, Vermont.
- Located mid-length along this vibrant village’s Main Street.
- Convenient highway access off exit 4 of I91.
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