317 Pleasant ST new

Bennington,VT 05201

$ 215000

5 Beds

2 Baths

2201 SqFt


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

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