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Listed by Maurice Chaloux • Parkway Realty

$269,000

Est. payment - /mo

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8 Beds

6 Baths

9,030 SqFt

Under Contract

41 North Main ST Wells River, VT 05081

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Meghan Maraghy

agentmanh@gmail.com +1(978) 580-9612

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Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 9,030 sqft

Price per Sqft $29

MLS Listing ID 5033105

Bedrooms 8

Full Baths 6

Construction Status Existing

Year Built 1899

Annual Tax Amount $10,154

Tax Year 2024

Lot Size 8,276 Sqft

Acres 0.19

Property Description

Here's an anchor building in the heart of downtown Wells River. The first floor commercial space currently is occupied by Tuttle's Family Diner. It is bustling restaurant where many local regulars and tourists meet for a hearty breakfast lunch or dinner. There is also a bakery and gift shop with fresh baked goods and local items for sale. On the 2nd and thrid floors, there are 4 residential units - one 4 bedroom unit on the 2nd and 3rd floors, a 2 bedroom with a 2nd floor hall and all rooms on the 3rd floor and two 1 bedroom units on the 2nd floor. Four tenants pay for their own electricity, phone, and internet. Heat is included in the rent and is provided from a nearly new oil steam boiler. There is a 2nd floor enclosed porch on the back of the building that is accessible from 3 of the units. The building has a sprinkler system so fire safety regulations are somewhat less stringent. Come check out this iinvestment that is a piece of Wells River history. Income and expenses are estimated or projected.

Location

State VT

County Vt-orange

Area Vt-Orange

Zoning Commercial

Rooms

Basement Entrance Interior

Basement Crawl Space, Frost Wall, Full, Slab, Stairs - Interior, Storage Space, Sump Pump, Unfinished

Interior

Cooling Mini Split

Exterior

Garage Description Off Premises, On-Site, Parking Spaces 1 - 10

Utilities Available Cable - At Site

Roof Type Membrane

Building

Story 3

Foundation Below Frost Line, Brick

Sewer Community

Architectural Style Apartment Building, Freestanding

Construction Status Existing

Schools

Elementary Schools Blue Mountain Usd #21

Middle Schools Blue Mountain Usd #21

High Schools Blue Mountain Usd #21

School District Blue Mountain Usd 21

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Meghan Maraghy

Broker Associate

+1(978) 580-9612

41 North Main ST Wells River, VT 05081

Meghan Maraghy

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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41 North Main ST