1. Vermont
2. Chester
3. 23 School Street

23 School Street, Chester, VT 05143

Property Description

This listing courtesy of Gary Coger, Four Seasons Sotheby's Int'l Realty

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.

Listing Status:

Active

Date Added:

November 26, 2024 at 06:00AM

Listing Office:

Four Seasons Sotheby's Int'l Realty : 802-228-4537

Listing Agent:

Gary Coger : 802-824-3113

MLS ID:

5023262

Interior

• Basement: Unfinished

Location

Lot

Utilities

This listing courtesy of Gary Coger, Four Seasons Sotheby's Int'l Realty