NOT LISTED FOR SALE

304 Grove St Bennington, VT 05201

5 Beds
3 Baths
1,810 Sq Ft
0.26 Acres

Last Sold July 09, 2024

Last sale price $291,000 $161 Per Sq Ft

19 Days on Market

Highlights

  • Covered patio or porch
  • Baseboard Heating
  • Partially Fenced Property
  • Tile Flooring
  • High Speed Internet
  • Level Lot

About This Home

As of July 2024

This unique property offers two buildings and three apartments. The light blue house in front is 304 Grove St, which has a one bedroom, one bathroom apt upstairs and a two bedroom, one bathroom apt downstairs. 306 Grove St is a two bedroom, one bathroom cottage all its own! These two buildings are on one parcel and have all separate utilities paid for by the tenants. Both buildings are in pristine condition with great tenants who would love to stay! The rental history is strong and the annual net profit is approximately $28,500. Great opportunity for a buyer who wants a low-maintenance property where they can live on-site and rent the other two apartments to help pay the mortgage or for an investor to add to their portfolio.

Last Agent to Sell the Property

Gabrielle Burdge

Hoffman Real Estate Brokerage Email: Brie@HoffmanVTRealEstate.com Listed on: 03/23/2024

Last Buyer's Agent

Prema Fitzpatrick

Skihome Realty License #082.0134211

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,769

Year Built

  • Built in 1900

Lot Details

  • 0.26 Acre Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Slate Roof
  • Metal Roof
  • Asbestos Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Flooring

  • Laminate
  • Tile

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Crawl Space

Parking

  • 35 Car Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch

Schools

  • Mt. Anthony Union Middle Sch
  • Mt. Anthony Sr. Uhsd 14 High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Separate Meters
  • 100 Amp Service
  • Propane
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: washers/dryers (tenant owned)

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $12,321
  • Gross Income $40,800
  • Net Operating Income $28,497

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,769

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Follow County Street to Grove St Ext on the left. Property will be on the left. Look for sign.
  • Construction: Existing
  • Items Excluded: washers/dryers (tenant owned)
  • Total Stories: 2
  • Price Per Sq Ft: 160.77
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2836
  • Sq Ft - Apx Total Finished: 1810
  • Year Built: 1900
  • Remarks Public: This unique property offers two buildings and three apartments. The light blue house in front is 304 Grove St, which has a one bedroom, one bathroom apt upstairs and a two bedroom, one bathroom apt downstairs. 306 Grove St is a two bedroom, one bathroom cottage all its own! These two buildings are on one parcel and have all separate utilities paid for by the tenants. Both buildings are in pristine condition with great tenants who would love to stay! The rental history is strong and the annual net profit is approximately $28,500. Great opportunity for a buyer who wants a low-maintenance property where they can live on-site and rent the other two apartments to help pay the mortgage or for an investor to add to their portfolio.
  • List Agent: 12947
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Multi-Family
  • ResoLotFeatures: Level
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Gas, Water Heater – Owned
  • Flooring: Laminate, Tile
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete Floor, Crawl Space, Full, No Tenant Access, Unfinished, Interior Access, Exterior Access
  • Sq Ft - Apx Finished AG: 1810
  • Sq Ft - Apx Unfinished BG: 1026

Exterior Features

  • Driveway: Gravel
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal, Slate
  • Features Exterior: Fence - Partial, Porch - Covered
  • Construction Type: Asbestos Exterior, Vinyl Siding

Garage/Parking

  • Parking: Driveway, Off Street, Parking Spaces 3 - 5

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 2
  • Utilities: Cable - Available, Gas - Lp/Bottle
  • Water Source: Public

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Southwest Vermont
  • Middle School: Mt. Anthony Union Middle Sch
  • High School: Mt. Anthony Sr. UHSD 14
  • High School: Mt. Anthony Sr. UHSD 14

Lot Info

  • Lot Sq Ft: 11326
  • Lot Acres: 0.26
  • Zoning: VR
  • Deed Book: 361
  • Deed Page: 93
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 40800
  • Net Income: 28497
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Year Notes: 2023-2024
  • Tax Gross Amount: 4769.2
  • Tax Year: 2023

MLS Schools

  • School District: Southwest Vermont
  • School Middle Jr: Mt. Anthony Union Middle Sch

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $291,000 -2.7% $161 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
03/23/2024 03/23/24 For Sale $299,000 -- $165 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4989009

PrimeMLS

APN: (015)51-50-25-00