325 North River StreetSwanton, VT 05488MLS Number 4610848

  • Price: $299,000
  • 322 Days on Market
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Federal 30-year interest rate: 4.03% last updated on Jul 13, 2017
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  • 10Acreage
  • 1970Year Built
  • 3744Square Feet
  • 19200Vacancy

9 Unit apartment building with a 2 car garage on 10 acres. This property was once a motel and was converted to weekly rentals by the current owner. With no vacancies it has the potential to gross over $86,000 in it's current configuration. It currently has nine 1 br efficiency apartments and a 2 car garage. The rents are $200 a week and include all utilities. This property has the potential to make great money for an active investor who keeps these units full. This property has a well and septic so your not paying thousands a year in water sewer bills to a municipality. 4 of the units were completely rebuilt / remodeled in the early 2000's. The 2 car garage offers an opportunity for additional income or a workshop for you to use. It's rural location is a plus for those tenants looking to get out of the city. These large properties don't come on the market often so don't miss this opportunity.

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Geri Reilly Real Estate
Office: 802.862.6677
340 Dorset Street
Suite 4
South Burlington, VT 05403

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Listed by Shawn Cheney of KW Vermont/St. Albans

More Info

Basic Information

  • Modification Date07/24/2017
  • List Price$299,000
  • Date Listed2016-12-01T00:00:00
  • StatusACT
  • MLS Number4610848

Interior

  • BasementApartments, Concrete, Concrete Floor, Crawl Space, Dirt Floor, Unfinished

Location

  • Zip05488
  • StateVT
  • Building Number325
  • TownSwanton
  • CountyFranklin
  • StreetNorth River

Exterior

  • ExteriorVinyl

Utilities

  • FuelGas - LP/Bottle, Kerosene
  • Heating CoolingAlternative Heat Stove, Floor Furnace, Forced Air, Hot Air, Individual, Multi Zone

Building

  • Square Feet3744
  • Year Built1970
  • Vacancy19200
  • Units9

Property

  • Property TypeCommercial Sale
  • Road Frontage410
  • Zoningcommercial or res
  • Lot Sqft435600
  • TypeMulti-Family
  • Acreage10

Other

  • Broker NameKW Vermont/St. Albans
  • Agent NameCheney
  • bloggingYes
  • Book202
  • Page548-549
  • Delayed ShowingsNo
  • Number of Photos39
  • View Count43

Swanton, VT Demographics

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Swanton, VT Schools

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