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325 North River Street, Swanton, VT 05488

$299,000
8 BR , 8 full BA Multi Family MLS# 4610860 ID: 42411685
$299,000 Get Rates

Multi-Family, Apartment Building,Ranch - Swanton, VT
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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Location Information near 325 North River Street
Offered by Shawn Cheney at KW Vermont/St. Albans

Would you like more information regarding this property?
Please call (802) 654-8500.

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Property Features for 325 North River Street
Status
Market Status
Available
Last Updated
October 16, 2017
Description
Property Type
Multi Family
Year Built
1970
Bedrooms
8 BR
Baths
8 full BA
Stories
1.0
Approx. Lot Size
10 Acres
Sq. Feet
3,744

Appliances

  • Refrigerator
  • Range

Building Features

  • Basement
  • Heating System: Floor Furnace; Forced Air
  • Roof: Asphalt
  • Stories: 1.0
  • Heating Fuel: Natural Gas; Kerosene

Exterior Features

  • Exterior Construction: Vinyl Siding
  • Garage: Attached
  • Parking: 2 spaces

Legal/Financial

  • Taxes: 4736.37 (2016)

Listing Features

  • Property Type: MultiFamily; Multi-Family

Room Details

  • Additional Areas: Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath

Data Provided by Northern New England Real Estate Network

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More information about this $299,000 Multi Family at 325 North River Street

This $299,000 Multi Family at 325 North River Street in Swanton, VT is presented by Shawn Cheney. This $299,000 Multi Family, located in the 05488 zip code, has the following property features: Roof, Heating Fuel, Garage, Parking. This 325 North River Street Multi Family, located in Franklin County , is listed under MLS listing number 4610860, has 8 beds, 8 baths, and has a listing price of $299,000. You can find more SWANTON homes for sale here.