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Listed by Michael Gilman • 3GEN Real Estate Inc
$35,000
Est. payment /mo
0.29 Acres Lot
Under Contract
42-44 Canal ST Brattleboro, VT 05301
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Key Details
Property Type Vacant Land
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 5042626
Annual Tax Amount $2,057
Tax Year 2024
Lot Size 0.290 Acres
Acres 0.29
Property Description
.31 Acre lot in downtown Brattleboro with 4 rental storage units. Storage units with parking lot can bring in ~10K+ of revenue if used as such, or lot is perfect for townhome development, which is highly supported by the Town. Storage units rents out at $150 each. The lot recently appraised at $45,000 (please e-mail for appraisal). Parking lot currently used by residents of adjacent buildings seller owns and is selling (or has owned). Significant value-add possible through paid parking, as parking is highly in demand and the lot can accommodate an estimated 20+ vehicles. At a modest $30 per car this is additional $7200 in annual revenue. Listing Broker is also manager of the partnership that owns the property.
Location
State VT
County Vt-windham
Area Vt-Windham
Zoning MU
Exterior
Utilities Available None
Building
Sewer Public
