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Listed by Mike Kalil of Watson Realty & Associates, PLC
Turn-key income-generating property. This property is very well cared for, located between Killington and Rutland, completely updated and up to code. Consists of 16 units(1,2,3 bedroom furnished apartments), 8 town houses and 51 self storage units with plenty of parking spaces and some garages. Parking lot is paved. NOI is $221,185 Cap Rate 11.5% at this price. Also this property sets on 4.3 Acres acre. 1.3 acre lot has been subdivided with great frontage on Route 4; appraised value for the lot is $150K. This property has so much to offer.

Property Details of 998 U S Route 4 East

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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 12, 2021.

 

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