Owner Financing available. This unique property is comprised of 4 separately deeded condos; 3 residential units and 1 spacious retail space w/ office & storage. Great opportunity for investors or a live-at-site business opportunity. The current retail shop has run profitable for decades at this location and is optional to convey with sale or the retail/office space can be rented to generate more income. The residential condo units are in good condition, one is furnished, have nice floor plans, decks, private parking, and a long rental history with income growth potential. Ample paved parking with a total of 18 spaces and two EV stations. Fire & Safety & Septic inspections completed in 2023. Prime location, country feel, yet close to I-89. †

Essentials

MLS# 4984241	Bedrooms 5	Garage Size Car
List Price 1,550,000	Total Bathrooms 4	Year Built 1971
Type Multi-Family	Lot Size 2.7900 Acres	Taxes $10,102
Units 4	Stories 1/1/1900	Road Frontage 288
Annual Income $88,400	Style Ranch	Water Frontage
Annual Expenses $0	Finished 4,852 Sqft	Construction No, Existing
Zoning Residential-Commercial	Above Grade 4,852 Sqft	Seasonal No
Total Rooms 5	Below Grade 0 Sqft	List Date Feb 7th, 2024

Expenses

Gross Income $88,400	Operating Expenses $0	Net Income $0

Expenses Includes

Unit Size & Rent

Unit 1 0 Beds, 1 Baths, 2,080 SqFt, $0/Monthly	Unit 2 2 Beds, 1 Baths, 1,120 SqFt, $900/Monthly
Unit 3 1 Beds, 1 Baths, 532 SqFt, $700/Monthly	Unit 4 2 Beds, 1 Baths, 1,168 SqFt, $1,600/Monthly

Building

ConstructionWood Frame
BasementWalkout, Storage Space, Other, Concrete, Interior Stairs, Daylight, Finished, Walkout
Interior Features
Exterior Features

Exterior Vinyl	Disability Features
Foundation Concrete	House Color White
Floors Tile, Carpet	Building Certifications
Roof Shingle-Asphalt	HERS Index

Property

DirectionsI-89 to exit 17, take US-2 W to right on Jasper mine Rd, property on left.
Lot DescriptionYes, Other, Porch - Covered
Garage & Parking No, , , 11-20 Spaces

Road Frontage 288	Water Access
Driveway Paved	Water Type
Flood Zone No	Water Body
Zoning Residential-Commercial

Schools

School District Colchester School District	Middle Colchester Middle School
Elementary Union Memorial Primary School	High Colchester High School

Utilities

Heat Fuel , Gas-Lp/Bottle	Excluded washer & dryer in unit #200
Heating/Cool Other, Heat Pump, Stove - Gas	Negotiable
Sewer Private, Mound	Parcel Access ROW
Water Private, Drilled Well	ROW for Other Parcel
Water Heater Electric	Financing
Cable Co	Documents Deed, Septic Report, Septic Report, State Wastewater Permit, Tax Map
Electric Circuit Breaker	Tax ID see remarks