23 School StreetChester, VT 05143MLS Number 5023262

  • Price: $675,000
  • 14 Days on Market
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Federal 30-year interest rate: 6.69% last updated on Dec 5, 2024
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23 School Street Chester VT 0514323 School Street Chester VT 0514323 School Street Chester VT 0514323 School Street Chester VT 0514323 School Street Chester VT 0514323 School Street Chester VT 05143
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  • 0.5Acreage
  • 1880Year Built
  • 6,894Square Feet
  • 2024Tax Year

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Listed by Gary Coger of Four Seasons Sotheby's Int'l Realty (gary.coger@fourseasonssir.com)
Unlock the potential of this exceptional mixed-use property, offering a solid income stream and tremendous future upside. Ideally situated in the heart of town, this well-maintained building spans over 6,800 sq. ft. and is currently home to 5 residential units and 6 office units, with potential for retail conversion. Located in the center of town, providing excellent visibility and foot traffic, with easy access to amenities, and major roadways. The property currently generates solid monthly rental income from the residential and office units, with significant potential for increased rents after updates and improvements. The 5 residential units are in good condition but could benefit from updates, offering an opportunity to increase rental rates and enhance value through renovations. The 6 office units offer flexibility for a variety of businesses, with the added benefit of retail potential on the ground floor. Spanning over 6,800 sq. ft., this property offers ample space for both residential and commercial tenants, with room for potential expansion or redevelopment.

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Tax Information

  • Tax Year2024

Building

  • Year Built1880
  • NumberOfUnitsInCommunity11
  • Square Feet6,894
  • Available Sqft6,894

Amenities

  • PricePerSqFt97.91

Legal

  • Taxes$13,585.59
  • OtherStructuresBuilding Only, Building
  • Zoningmixed

Basic Information

  • StatusACT
  • Modification Date11/26/2024
  • TypeMulti-Family, Office, Opportunity, Retail
  • List Price$675,000
  • Broker NameFour Seasons Sotheby's Int'l Realty
  • Listing Agent NameGary Coger
  • Lister Office NameFour Seasons Sotheby's Int'l Realty
  • MLS Number5023262
  • MLS StatusActive

Other

  • Date Listed11/26/2024
  • View Count2

Location

  • Building Number23
  • StreetSchool Street
  • TownChester
  • StateVT
  • Zip05143
  • CountyWindsor
  • Address23 School Street

Property

  • Acreage0.5
  • Property TypeCommercial Sale
  • AreaVT-Windsor
  • Lot Sqft21,780
  • Road Frontage500
Ault Commercial Realty

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Ault Commercial Realty
Office: 802.773.0600
PO Box 6306
Rutland, VT 05702
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