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Listed by Mark Roden • KW Coastal and Lakes & Mountains Realty/Hanover
$399,000
Est. payment /mo
8 Beds
4 Baths
2,780 SqFt
New
57 Depot DR Thetford, VT 05043
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,780 sqft
Price per Sqft $143
MLS Listing ID 5117241
Bedrooms 8
Full Baths 4
Construction Status Fixer
Year Built 1850
Lot Size 0.420 Acres
Acres 0.42
Property Description
Investors take notice! A rare opportunity to acquire a four-unit apartment building in East Thetford, Vermont, conveniently located just five minutes from Exit 14 off I-91. With rental housing in short supply throughout the Upper Valley, this property offers an excellent opportunity to expand your investment portfolio! Situated on 0.42 acres, the building features a desirable mix of apartments, including one three-bedroom unit, two two-bedroom units, and one one-bedroom unit, providing flexibility and appeal to a variety of tenants. Each apartment is equipped with its own standalone Rinnai heater. Additional amenities include town water and access to EC Fiber high-speed internet. The property's location offers convenient access to the many employment centers, shopping, dining, and recreational opportunities of the Upper Valley. Adding to its appeal is the rich railroad history of the surrounding area. The adjacent historic Thetford Station was once a bustling passenger depot, telegraph office, and freight house along the Connecticut & Passumpsic Rivers Railroad, which began serving the area around 1848. This important rail connection helped transform commerce throughout the Connecticut River Valley, linking local communities with major markets, including Boston. For investors seeking an even greater opportunity, the historic train depot commercial building next door is also available for purchase! See MLS #5117240 for additional information. Whether you are looking to establish a foothold in the Upper Valley rental market or expand an existing portfolio, this four-unit property deserves your attention. Don't miss this opportunity to invest in a region where rental housing remains in high demand!
Location
State VT
County Vt-orange
Area Vt-Orange
Zoning Commercial General
Interior
Cooling None
Exterior
Utilities Available Propane
Roof Type Asphalt Shingle
Building
Story 2
Sewer Leach Field On-Site, On-Site Septic Exists, Septic
Architectural Style Historic Vintage, Multi-Family, Multi-Level, Rehab Needed
Construction Status Fixer
Schools
Elementary Schools Thetford Elementary School
Middle Schools Thetford Academy
High Schools Thetford Academy
School District Thetford
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