This well maintained 2-unit multi-family located in the village of Bellows Falls had a large renovation in 2020; completed in November of that year. Each unit mirrors the other and are identical. The listing pictures were taken after the renovation was complete. Each unit is comprised of a kitchen, bathroom, two bedrooms, a living room, and porch. There is a shared laundry space with coin-operated machines for the tenants to use. New electric, new windows throughout, kitchen and bath remodels, flooring, paint, and new heating units on the second floor. The units are occupied with tenants who are up to date on their rent and pay on time. Due to the stipulations of the Rehousing Recovery Grant Program, this property cannot be owner-occupied until after December 2025. See info sheet in listing. Seller will not accept an offer that requires an eviction. Financials are included in the listing documents. Showing to prequalified or cash buyers only.
Investment opportunity!!! Recent upgrades include two new furnaces, two new chimney liners, a new kitchen stove, outside drainage repair, new water heater (in apt without new furnace)! Convenient location close to shopping, downtown and park. Call today!!!
Great opportunity to own rental property in Bellows Falls! This used to be 2 buildings, which have been joined together, creating ample storage space in-between. Total of 4 units, almost identical, each with 2 bedrooms and 1 bathroom. There are 2 separate basements, each with their own boiler and hot water heater. #17 has been insulated by Sevca. Each unit has their own electric meter. Looking for a bigger investment? #16 across the street, a 3-unit, is being sold as well! See MLS #4946182
The median home value in Bellows Falls, VT is $195,400. This is lower than the county median home value of $323,700. The national median home value is $338,100. The average price of homes sold in Bellows Falls, VT is $195,400. Approximately 40.42% of Bellows Falls homes are owned, compared to 39.75% rented, while 19.84% are vacant. Bellows Falls real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Bellows Falls real estate agent to arrange a tour today!
Bellows Falls, Vermont 05101 has a population of 2,734. Bellows Falls 05101 is more family-centric than the surrounding county with 29.93% of the households containing married families with children. The county average for households married with children is 20.95%.
The median household income in Bellows Falls, Vermont 05101 is $46,806. The median household income for the surrounding county is $59,195 compared to the national median of $69,021. The median age of people living in Bellows Falls 05101 is 38.9 years.
The average high temperature in July is 81.4 degrees, with an average low temperature in January of 8 degrees. The average rainfall is approximately 43.5 inches per year, with 55.5 inches of snow per year.