20 Livery Stable RD Bethel, VT 05032

Exceptional investment property located in the center of downtown Bethel. Convenient access – less than 3 miles to I-89, 10 minutes to GW Plastics plant in Royalton, and less than 15 minutes to South Royalton and the Vermont Law School. The property, which is on the National Historic Register, was thoroughly renovated in 2009 while maintaining the historical integrity of the building, the result of which was three 1-bedroom apartments and one 2-bedroom unit. The units are well-maintained, bright, and functional. The 2-bedroom unit features a large foyer entrance, 10-foot ceilings, a living room, den, and a second bedroom with en-suite half bathroom. There are a number of adjustments that could be made to increase the property's cash flow. (Note, the current financials reflect the 2-bedroom unit being rented as a 1-bedroom, with the second bedroom being reserved by the owner as an office). Coin operated washer and dryer are accessed from the exterior of the building. There's a large parking lot to the back of the building for tenant parking. 4 separate 100-amp circuit breakers for each unit. The future for Bethel appears to be bright with many improvements to the downtown over the past several years. In addition, GW Plastics recently announced a $10 million, 30,000 square foot expansion of their Royalton plant, including new hires for both that plant and their plant in Bethel.