Chester, VT | 23 School Street

$675,000
MLS#: 5023262
0.50
Acres
500
Road Frontage
6,894
SQ. Feet
$13,586
Taxes
1 of 6

General Property Information

Price:
$675,000
Property Status:
Active
County:
VT-Windsor
Agency/Brokerage:
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.

Property Features

Year Built:
1880
# of Stories:
Road Frontage:
500
Zoning:
mixed
Acres:
0.50
Total Sq ft:
6894
# of units:
11
Parking:
Basement:
Location:
Exterior Features:
Sales Includes:
Building Only,Building
Roof Style:
Type:
Misc:
In-Unit Bathroom
Foundation:
Fuel:
Heating & Cooling:
Floors:
Financing:

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-11-26
Last Updated:
2024-11-26 20:32:58

Stowe Office

Pall Spera

(P) 802.253.9771
(F) 802.253.9993
email

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