123 Lake ST, Swanton, VT 05488
123 Lake ST, Swanton, VT 05488
123 Lake ST, Swanton, VT 05488
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Listed by Tami Lantz • Sherwood Real Estate
$530,000
Est. payment /mo
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6 Beds
4 Baths
2,632 SqFt
Active

123 Lake ST Swanton, VT 05488

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Trevor Ainsworth

Trevor Ainsworth

+1(802) 598-5595

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,632 sqft

Price per Sqft $201

MLS Listing ID 5055086

Bedrooms 6

Full Baths 4

Construction Status Existing

Year Built 1977

Annual Tax Amount $6,081

Tax Year 2024

Lot Size 11.850 Acres

Acres 11.85

Property Description

Three homes in one! Incredible opportunity for house hackers, investors, and homesteaders. This extraordinary 11.85-acre property, zoned R1 (minimum 1-acre lots) for HUD/subdivision potential, offers over 3,500 sqft living space across 3 units - each with its own electric meter and 1st floor bedroom, bath, & laundry. Reliable M2M tenants in the back house & side apt - bringing in $3,471/month. Owners occupy the expansive front apt, and they plan to move upon property transfer, providing the opportunity for new owners to move right into the large unit with clean, concrete basement, which is a great workspace during the winter months. Two front units feature pellet stoves as cozy backup heating. Oil heat is primary for all. With woods and level pasture, this large lot of land is perfect for a hobby farming, horses, or a hunting/gathering lifestyle. It borders a Wildlife Sanctuary for privacy, views, and woodland friends. Includes over 1,400 feet of road frontage, 2 driveways, 2 garages, shed, garden space, and gazebo. Located a stone-throw to Lake Champlain for boating and fishing. Only a few minutes to Swanton Village amenities, St. Albans City, & the Canadian border at Quebec. 1 hour to Montreal & 40 minutes to Burlington. Property is ideally positioned to capture strong rental demand in a high-traffic, quintessential New England vacation and outdoor adventure destination. Owners have made many improvements, including a renovated 1st floor in the main house. There are three additional unfinished 3rd floor rooms in the "attic" of the front apt - one plumbed for a bathroom - offering potential for a 4th unit or larger owner quarters. *Newer features* - roof, vinyl siding, knotty pine walls, updated electric, trim & paint. Motivated sellers.

Location

State VT

County Vt-franklin

Area Vt-Franklin

Zoning Res

Rooms

Basement Entrance Interior

Basement Concrete, Concrete Floor, Interior Stairs, Storage Space, Sump Pump

Interior

Cooling None

Flooring Carpet, Laminate, Vinyl, Wood

Exterior

Garage Spaces 2.0

Utilities Available Telephone Available

Roof Type Metal

Building

Story 1.5

Sewer Private, Septic

Architectural Style Multi-Level

Construction Status Existing

Schools

Elementary Schools Swanton School

Middle Schools Swanton School

High Schools Missisquoi Valley Uhsd #7

PrimeMLS

NEARBY SCHOOLS & PROPERTIES

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Trevor Ainsworth

Trevor Ainsworth

Agent | License ID: 082.0007328

+1(802) 598-5595

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123 Lake ST