23 School St Chester, VT 05143
Property profile & analytics
23 School St Chester, VT 05143
- Commercial real estate
- 6,894 SF
- 0.50 lot acres
Property ID
US89-0187130
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Shanti Polarity Energy / Physician / Alternative Medicine Practice
Property Details for 23 School St
- Year built
- 1880
- Lot size
- 0.50 lot acres
- Property size
- 6,894 SF
- Property type
- Commercial real estate
- APN
- (045) 605037
- APU
- 45605037
Description
This exceptional mixed-use property in the heart of Chester, Vermont presents a compelling investment opportunity. The well-maintained building boasts 6,894 square feet situated on a half-acre lot, offering a blend of residential and commercial space. Currently configured as five residential units and six office units, this property generates a substantial monthly rental income. The residential units are in good condition, presenting an opportunity to increase rental rates through strategic renovations and updates. The six office units provide flexibility for various businesses, with significant potential for conversion to retail space on the ground floor, capitalizing on the property's prime location and high foot traffic. The building's central location ensures excellent visibility and easy access to amenities and major roadways. The substantial square footage offers ample space for current tenants and future expansion or redevelopment, promising significant long-term returns. This property offers a solid income stream with considerable upside potential for savvy investors seeking a mixed-use asset in a thriving Vermont town. The existing rental income provides a strong foundation for immediate returns, while the potential for upgrades and conversions offers a clear path to increased profitability. This is a rare opportunity to acquire a well-positioned property with significant growth potential.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $644,000
- AI Estimate
- $537,000
Market price range: $396k - $1.07MMarket price range: $373k - $931k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chester
- County
- Windsor
- State
- Vermont
- Longitude
- -72.5979
- Latitude
- 43.2637
- CBSA code
- 30100
- CBSA name
- LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$11,682
$30,000
$459,800
$489,800
-
$0.00
$0.00
$0.00
