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15 School Street, Plainfield, VT, 05667 | $575,000
**Exceptional investment opportunity in a prime location. ** Substantial mixed use property, offering an attractive proposition for investors looking to capitalize on rental income. The generous internal layout not only accommodates 4 multiple tenants, it can easily accommodate more within this nearly 11, 000sqft building. The structure allows for versatile use, adapting to the dynamic needs of various business models. Its prominent positioning overlooks a high traffic area guaranteeing excellent visibility, making it a magnet for potential clientele and a hub of activity for any businesses aiming to establish or expand their market presence. Newer metal roof and shingle roof, along with updates to wiring and interior walls inside the units have been made throughout the years, while still maintaining original historic aspects to the building. Space directly behind the building has nice marble patio, with more space beyond that could be used for additional parking. Attached garage and carport onsite. Consider the numerous advantages and potential this space has to offer. It's more than an investment; it's a cornerstone for future growth. 48hr notice and proof of funds required for all showings. Also listed as commercial MLS#5013913
Features
- Units: 4
- Style: Historic Vintage
- Year Built: 1850
- Garage: 2-car Garage
- Heating: Hot Air
- Cooling: None
- Basement: Concrete Floor,Unfinished
- Approx Sq. Feet: 8,820
- Acreage: 0.68
- Est. Taxes: $3,841
- Lot Desc: Hilly
- MLS#: 5013914
- Website: https://www.raveis.com
/prop/5013914/15schoolstreet_plainfield_vt?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/14/2024Listing courtesy of Harrington Realty Phone: 802-563-6000
Listing Agent: Ryan Harrington
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
15 School Street, Plainfield, VT, 05667
$575,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Brian Skelly
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $460,000 | $460,000 | $460,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
| Monthly Tax Payment | $320 | $320 | $320 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,138 | $3,057 | $3,879 |
| Total Monthly Payment | $3,550 | $3,469 | $4,291 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484