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325 NORTH RIVER, SWANTON, VT 05488

325 North River
Swanton, VT 05488

Seller's Representative:
Shawn Cheney, KW Vermont/St. Albans

$299,000

Sq. Ft.: 3,744
Type: Commercial
Listing #4610848
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.
Property Features
Location Information
County: Franklin
Latitude: 44.943198904904143
Longitude: -73.147320378193399
Directions: From I-89 exit 21 take rt 78 east through Swanton Village. Continue on rt 78 towards Alburgh. See sign on the left about 1/2 mile past Barrette Ford.
Interior Features
Heating: Alternative Heat Stove, Floor Furnace, Forced Air, Hot Air, Individual, Multi Zone
Heating Fuel: Gas - LP/Bottle, Kerosene
Basement Description: Apartments, Concrete, Concrete Floor, Crawl Space, Dirt Floor, Unfinished
Total Number of Units: 9
Exterior Features
Exterior: Vinyl
Lot Size in Acres: 10
Zoning: commercial or res
Building Total Area (Sq. Ft.): 3, 744
Road Frontage: 410
Additional Information
Delayed Showing: No
Property Type: COM
Property SubType: Multi-Family
Approximate Year Built: 1970
Status: Active
Sale Include: Garage, Land/Building, Building
Tax Amount: 4, 736.37


$ per month
Year Fixed. % Interest Rate.
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Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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NEREN data last updated at February 20, 2018 8:48 AM ET