325 North River StreetSwanton, VT 05488MLS Number 4610860

  • Price: $299,000
  • Est. Mortgage of $/month
  • 321 Days on Market
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Federal 30-year interest rate: 4.03% last updated on Jul 13, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 10Acreage
  • 1970Year Built
  • 3744Square Feet
  • 9# of 1 Bedrooms

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 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

  • # of 1 Bedrooms9
  • StatusACT
  • Units9

Building

  • Year Built1970
  • Water HeaterElectric
  • Basement
    • Concrete
    • Concrete Floor
    • Crawl Space
    • Dirt Floor
    • Stairs - Exterior
    • Unfinished
  • StyleApartment Building, Ranch
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Total Rooms2
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Total Rooms2
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Total Rooms1
  • Unit 4 Total Rooms1
  • Unit 5 Baths1
  • Unit 5 Bedrooms1
  • Unit 6 Baths1
  • Unit 6 Bedrooms1
  • Unit 7 Baths1
  • Unit 8 Baths1
  • Unit 8 Bedrooms1

Basic Information

  • Date Listed12/01/2016
  • List Price$299,000
  • MLS Number4610860
  • Seasonal Y/NNo

Property

  • Zoningcommercial or residential
  • Road Frontage410
  • Acreage10
  • APX Fin AG Sqft3744
  • FoundationBlock, Concrete, Poured Concrete
  • Heat FuelGas - LP/Bottle, Kerosene
  • Property TypeMulti-Family
  • RoadsPaved, Public
  • Square Feet3744

Amenities

  • Parking Spaces2

Location

  • StreetNorth River
  • Building Number325
  • TownSwanton
  • Zip05488
  • CountyFranklin
  • Flood Zone Y/NYes
  • Lot DescriptionCountry Setting, Level, Trail/Near Trail
  • StateVT

Exterior

  • ExteriorVinyl
  • RoofShingle - Asphalt

Utilities

  • ElectricCircuit Breaker(s)
  • WaterDrilled Well
  • Heat SystemFloor Furnace, Forced Air
  • SewerLeach Field - Conventionl, Leach Field - Existing, Leach Field - On-Site, Private, Septic

Other

  • Broker NameKW Vermont/St. Albans
  • Agent NameCheney
  • Operating Expenses
    • Exterior Maintenance
    • Garbage
    • Ground Maintenance
    • Heating Fuel
    • Insurance
    • Maintenance/Repairs
    • Snow Removal
  • bloggingYes
  • Page548-549
  • Book202
  • Delayed ShowingsNo
  • Number of Photos38
  • View Count12

Swanton, VT Demographics

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Swanton, VT Real Estate Market Data

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Swanton, VT Schools

School NameDistanceTypeGradesTest Score RatingParent Rating
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