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325 North River StreetSwanton, VT 05488MLS Number 4610860

  • Price: $299,000The price has recently decreased
  • Est. Mortgage of $/month
  • 260 Days on Market
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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-07-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 10Acreage
  • commercial or residentialZoning
  • 410Road Frontage

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.

Listed by Shawn Cheney of KW Vermont/St. Albans

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South Burlington VT, 05403

Office: 802-862-9106

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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 Count3
Broker Reciprocity

Copyright 2017 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.

 

 

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  • Williston, VT
  • 05495
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