325 North River StreetSwanton, VT 05488MLS Number 4610848

  • Price: $299,000
  • 473 Days on Market
$/month over payments
Federal 30-year interest rate: 3.94% last updated on Dec 21, 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
  • 19200Vacancy

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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.

Listed by Shawn Cheney of KW Vermont/St. Albans

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More Info

Basic Information

  • Modification Date11/07/2017
  • List Price$299,000
  • Date Listed2016-12-01T00:00:00
  • StatusACT
  • MLS Number4610848


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


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


  • ExteriorVinyl


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


  • Square Feet3744
  • Year Built1970
  • Vacancy19200
  • Units9


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


  • Broker NameKW Vermont/St. Albans
  • Agent NameCheney
  • bloggingYes
  • Book202
  • Page548-549
  • Delayed ShowingsNo
  • Number of Photos39
  • View Count5
Larkin Realty
Office: 802-864-7444
410 Shelburne Road
Burlington, VT 05401
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Copyright 2018 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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