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Listed by William Peck of Horvath & Tremblay LLC
The Property consists of four adjacent parcels of land and three two-story buildings with ten total units comprised of two commercial units, five 2-Bedroom units, two 1-Bedroom units, and one 1+ Bedroom unit. The Property features ample off-street parking and offers a stable income stream with significant upside in the existing residential rents, and through the lease up of the vacant 1,800 sq ft commercial unit. 204 N Main Street contains five units comprised of one commercial tenant (Gaslighter), three 2-Bedroom units, and one 1-Bedroom unit. 204.5 N Main Street contains two units comprised of one 2-Bedroom unit and one 1-Bedroom unit. 206 N Main Street is a 0.06-acre lot that has recently been converted into an attractive patio and green space for the commercial and residential tenants. 208 N Main Street contains three total units comprised of one commercial tenant (vacant), one 2-Bedroom unit, and one 1+ Bedroom unit. In total, Eight of the ten units are separately metered for electric, heat, and hot water, which the tenants pay directly. The landlord is responsible for heat and hot water in two units (204.5 1 & 2), common area electric, and domestic water and sewer. Over the past year, the Property has undergone significant capital improvements and renovations. On average more than 11,700 vehicles pass by the Property each day along N Main Street (US Route 3). Additionally, the municipal bus line has a stop approximately 300 feet from the Property.

Property Details of 204-208 N Main Street

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