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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