Wells River Vermont Real Estate

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.