220.224 North Street

Bennington, VT 05201

$449,000
Price
5
Beds
3,123 Sq. Ft.
$144 / Sq. Ft.
3,123
Sq. Ft.
$144
per Sq. Ft.

Description

This unique property offers an excellent investment opportunity with two separate buildings on-site. The front building hosts a well-established H&R Block commercial space, providing a steady and reliable stream of income. Additionally, there are two residential units, both of which are currently rented, ensuring immediate cash flow. Behind the front building, a full-sized house exists! It currently occupied by long-term tenants. Enjoy stable, long-term rental income with minimal turnover history....This unique property offers an excellent investment opportunity with two separate buildings on-site. The front building hosts a well-established H&R Block commercial space, providing a steady and reliable stream of income. Additionally, there are two residential units, both of which are currently rented, ensuring immediate cash flow. Behind the front building, a full-sized house exists! It currently occupied by long-term tenants. Enjoy stable, long-term rental income with minimal turnover history. The property is just a couple of blocks from the heart of Bennington in a section great for foot traffic and conveniently located within walking distance from many restaurants, stores and more. Whether you're looking to expand your real estate portfolio or start with a solid investment, this property is a rare find. It provides both immediate returns and long-term growth potential. Consider this excellent opportunity with a visit!
  1. Listed by Thaddeus Abare • Barrett and Valley Associates Inc.

Property Details for 220.224 North Street

Zoning
Mixed Use
LISTING UPDATED: 10/15/2024 04:54 PM

Property Details for 220.224 North Street

StatusActive
MLS #5011119
Days on Market61
Taxes$7,333 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1920
Lot Size0.25 AC / 10,890 SF
CountyBennington County

Building Information for 220.224 North Street

Stories2Residences4Year Built1920Building Size-Lot Size0.25 AC / 10,890 SF

Property Information for 220.224 North Street

Summary
Location and General Information
  • City: Bennington
  • County: VT-Bennington
  • Latitude: 42.882901138488599
  • Longitude: -73.197093525131194
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05201
Taxes and HOA Information
  • SPAN Number: 051-015-66986
  • Tax Year: 2024
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Lot - Sqft: 10890.0
  • Lot Features: City Lot
  • Lot Size Acres: 0.25
  • Road Frontage Length: 50.0
  • Square Feet Apx Finished Above Grade: 3123.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Finished BG Source: Public Records
  • Square Feet Apx Total: 4123.0
  • Square Feet Apx Total Finished: 3123.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished AG Source: Public Records
  • Square Feet Apx Unfinished Below Grade: 1000.0
  • Square Feet Apx Unfinished BG Source: Estimated
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Fieldstone, Stone
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1920
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable - Available, Other, Phone, Satellite
  • Total Electric Meters: 4
  • Internet: High Speed Intrnt -Avail
Interior and Exterior Features
Exterior Features
  • Color: White
  • Construction Materials: Wood Frame
  • Roads: Paved, Public
  • Roof: Slate
  • Total Ranges: 4
Interior Features
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished
  • Heat Fuel: Oil
  • Heating: Baseboard
  • Cooling: None
  • Total Refrigerators: 4
  • Total Stories: 2
  • Total Water Heaters: 2
Multi Family
Income & Expenses Information
  • Gross Income: $59,820.00
  • Net Income: $48,785.74
  • Operating Expense Incl: Maintenance, Snow Removal, Trash
Multi-Family Information
  • Total Units: 4
  • Total 1 BR Units: 2
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 1
  • Total Heat Units: 2
Unit Information
Unit 1
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rental Amount: $2,400.00
Unit 2
  • Unit 2 Status: Leased
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $800.00
Unit 3
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Leased
  • Unit 3 Bedrooms: 1
  • Unit 3 Rental Amount: $735.00
Unit 4
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Bedrooms: 3
  • Unit 4 Status: Leased
  • Unit 4 Rental Amount: $1,100.00

Property History for 220.224 North Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 220.224 North Street

Taxable ValueLand$25,200Additions$182,500Total$207,700
Tax Record2023$6,804 ($567 / month)
Home Facts
Lot Size10,890 SqFtStyleMulti-Family Dwelling (2-4)CountyBENNINGTONAPN(015)50-51-43-00

Schools near 220.224 North Street

This home is within Mount Anthony Union High School District #14.
Rating
School
Type
Grades
Distance
Bennington Elementary School
Public - PK to 5
Mt. Anthony Union Middle School
Public - 6 to 8
Mt. Anthony Senior Uhsd #14
Public - 9 to 12
The School Of Sacred Heart St Francis De Sales
Private - PK to 8
Rating
School
Distance
Bennington Elementary School
PublicPK to 5

Mt. Anthony Union Middle School
Public6 to 8

Mt. Anthony Senior Uhsd #14
Public9 to 12

The School Of Sacred Heart St Francis De Sales
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 220.224 North Street, Bennington, VT 05201

220.224 North Street is a multi-family home for sale in Bennington, VT 05201. This property was listed for sale on August 23, 2024 by Barrett and Valley Associates Inc., it's currently listed at $449,000. It has been on the market for a total of 61 days and was last sold on December 18, 2013. This listing's school district is Mount Anthony Union High School District #14. Nearby schools include Bennington Elementary School, Mt. Anthony Union Middle School and Mt. Anthony Senior Uhsd #14. 220.224 North Street is a 5-bed, 0-bath, 3,123 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Barrett and Valley Associates Inc.

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. 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 10/22/2024 09:38 AM