23 School ST
Multi-Family $ 649,000

23 School ST

Chester, VT 05143

  • 13,788 SqFt
  • 0.5 Lot Size
  • 1880 Year Built
A rare opportunity to acquire a fully occupied, well-maintained mixed-use property in one of Chester's most recognizable village locations. The front portion of the building is leased as professional office space for $5,000 per month, with the commercial tenant responsible for heat and electricity. The tenant has expressed interest in entering into a significantly longer-term lease, with the lease length and additional terms to be negotiated directly with the next owner. The property includes four additional residential units, all currently rented, including one leased by the commercial tenant for employee housing. Detailed income, expense, and lease information is available through your agent. Carefully maintained over the years, the building requires no known major upgrades or repairs and is ready for its next owner. More than sufficient parking is available on both sides of the building, along with abundant storage throughout the property, including basement garage space. Its location just off the historic Chester Village Green provides excellent visibility and steady Main Street traffic for commercial use, while remaining comfortable and quiet for residential tenants. Local shops, restaurants, and village amenities are all nearby, and Chester's iconic Swinging Bridge, the Williams River, and its scenic footpath are less than a quarter mile away at the end of School Street. With established tenants, multiple income streams, ample parking and storage, and an outstanding village location, 23 School Street offers an exceptional opportunity to step into a strong-performing property from day one.
Listed by Betsy Adamovich of Real Broker LLC

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Listing Status Active

    Purchase Type For Sale

    Square Footage 13, 788 sqft

    Price per Sqft $47

    MLS Listing ID 5111465

    Construction Status Existing

    Year Built 1880

    Annual Tax Amount $14,271

    Tax Year 2025

    Lot Size 0.500 Acres

    Acres 0.5

  • Location

    State VT

    County Vt-windsor

    Area Vt-Windsor

    Zoning Village Center

  • Rooms

    Basement Entrance Walk-up

    Basement Locked Storage, Storage Space, Unfinished

  • Building

    Story 2.5

    Sewer Public, Public Sewer On-Site

    Architectural Style Multi-Family, Victorian

    Construction Status Existing

  • Interior

    Cooling None

  • Exterior

    Utilities Available Cable Available, Telephone Available

    Roof Type Slate

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CONTACT

Betsy Adamovich
Betsy Adamovich

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