Calling all contractors! A wonderful opportunity to restore an investment property. The location is desirable for its proximity to the village, recreation center and schools. This property has been damaged by fire a number of years ago, it seems to have affected the 2nd story and attic. The roof has been repaired to prevent further damage and some repairs have been done to the heating system and electric system. Its a nice lot with two separate driveways, and a shed for storage.
Located in the village of Bellows Falls, this 2-unit multi family is available for an investor OR for an owner-occupied buyer to live on the first floor. The photos include what the lower unit looked like when it was vacant as well as current pictures. The basement was recently insulated/weatherized by SEVCA and the seller has installed a new oil tank and a new furnace. The second bedroom in the lower unit has new flooring. Each unit has a large, private porch. A shed and third floor are available for storage. High ceilings, large windows, and wide plank floors are some stand-out characteristics of this Victorian home. 48 hour showing notice. Showing to prequalified buyers only. See financials/info sheet on MLS.
For developers or investors seeking property with stable income and growth potential, the Warner Center campus presents an excellent opportunity. This surveyed 140-acre property comprises 24 residential rental units and 3 commercial spaces within six extensively renovated brick buildings – over 34,000sf altogether. The buildings are situated in a spacious, sunlit field, conveniently located within walking distance of the historic Village of Saxtons River, which features Vermont Academy, the Saxtons River Inn, a performing arts organization, yoga studio, and the Village Market. Ten minutes’ drive to Exit 5 on I-91 or Bellows Falls. The campus includes over 100 acres of wooded hillside equipped with a revenue-generating cell tower - Lessee has a 30-day ROFR. The property benefits from a private, professionally managed, 117,000-gallon water system water system, municipal wastewater services, underground three-phase power, and high-speed cable connectivity to each unit. Ten level acres offer town road or private road frontage plus water and sewer, presenting additional development possibilities. The front acres are zoned for village use, while the RR-1 zoned land provides options for a planned unit development or individual lots. Originally established as a girls’ school, the campus was acquired 22 years ago by an investor who has implemented a series of strategic renovations and upgrades, resulting in an attractive living and working environment. Also listed under commercial MLS #5085323
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