317 Pleasant Street, Bennington, VT 05201

Centrally located renovated Bennington duplex, with backyard and garage. This duplex can generate an annual net operating income of $23k+ (~11% cap rate at current numbers), 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). This 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 … read more …