301 North Street

Bennington, VT 05201

Five unit investment property in great condition. All units are 2 bedrooms, 1 bath, include kitchen appliances, laundry hookups, heat, hot water, trash removal, lawn care, plowing and parking. Close to downtown Bennington, it's a short walk to numerous dining establishments, as well as prominent employers (Vermont Veterans Home, state office complex, and several schools). Apartments are rented month-to-month with good long-term tenants who have been in place for 4-18 years. House was originally built in 1915 and converted from a duplex into 4 units by seller's dad many years ago. Each unit is townhouse-style with kitchen/dining/living on first floor and beds/bath on second floor. Basement with stone foundation & concrete floor has new oil tank, one boiler and hot water tank shared by these 4 units, and separate electrical panels. Detached 4-car Garage with apartment above was built in 1975. Custom stair lift for accessibility has been removed but is available. Major improvements include architectural shingle roofs (2010), rebuilt chimney, hot water tanks (2017 + 2019), vinyl siding and windows... plus new Andersen windows, added insulation and mini split heat pumps in the garage apartment (all 2020). If you are seeking a smart long-term investment for cash flow, look no further... this is it!

Listing courtesy of Jenifer Hoffman of Hoffman Real Estate



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Last checked: 2025-01-30 04:47 AM UTC