Introducing a Rare Gem: Historic Landmark at the Heart of Downtown Bennington. Nestled at the bustling crossroads of downtown Bennington, this landmark building proudly stands at the intersection of routes 7 and 9, commanding attention and promising unparalleled opportunities. Boasting a fusion of commercial and residential spaces, this versatile 6, 650-sq-foot edifice is a testament to timeless elegance and historic charm. Originally erected in 1931, this architectural masterpiece has been meticulously preserved and thoughtfully repurposed to cater to modern needs. The ground floor hosts a captivating art gallery showcasing a diverse array of artistic expressions. Ascend to the second floor—a lavish 4-bedroom, two-bathroom penthouse adorned with exquisite details harking back to the building's storied past. Marvel at the craftsmanship of the Art-Deco design, with Vermont marble adorning the facade and interior spaces exuding opulence with marble sourced from Tennessee and Italy. Explore further, and you'll discover a charming mezzanine, once the domain of the bank president, now repurposed as a space for nurturing creativity through children's art classes. Whether you envision creating a retail haven, a residential oasis, a lucrative short-term rental opportunity, or a dynamic combination of these, this unique offering promises to exceed expectations and redefine the possibilities of downtown living. Embrace the legacy, seize the moment, and make this iconic address your own.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$795,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $636,000 | $636,000 | $636,000 |
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 | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | $812 | $812 | $812 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,339 | $4,227 | $5,363 |
Total Monthly Payment | $5,243 | $5,131 | $6,267 |
* 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.