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Bennington,VT 05201
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,201 sqft
Price per Sqft $97
MLS Listing ID 5065393
Bedrooms 5
Full Baths 2
Year Built 1900
Annual Tax Amount $4,219
Tax Year 2025
Lot Size 4,356 Sqft
Property Description
Centrally located renovated Bennington duplex, with backyard and garage. This duplex can generate an annual net operating income of ~$23k+ at current numbers (~10.5%), producing robust returns from cash flow and not speculation! Owner performed renovations since acquiring, including to heating systems, plumbing, and gut renovation of the upstairs 2br (currently rented for $1,400). Unit 1 on the ground floor is spacious 3br ~1,250 square feet with backyard access, eat in kitchen, desirable layout, and would make a perfect owners' unit if the intention is to owner occupy and cover your mortgage and make extra income (current rent is $1,709 and tenant is on a month-to-month lease). his is a significant opportunity to acquire in-demand housing in Bennington ahead of the historic $54million Bennington Highschool mixed use redevelopment down the street (one of the largest redevelopments in state history), and the start of a falling rate environment that should lead to organic price appreciation independent of the strong cash flow. Listing Broker is a member of the LLC selling the property.
Location
State VT
County Vt-bennington
Area Vt-Bennington
Zoning VR
Rooms
Basement Entrance Interior
Interior
Cooling None
Exterior
Garage Spaces 1.0
Utilities Available Cable Available,Propane,Telephone Available
Roof Type Asphalt Shingle
Building
Story 1.5
Sewer Public