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Listed by Sherry Corbeil • M Realty
$525,000
Est. payment /mo
4 Beds
4 Baths
2,324 SqFt
New
71 1st ST Swanton, VT 05488
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,324 sqft
Price per Sqft $225
MLS Listing ID 5095835
Bedrooms 4
Full Baths 4
Construction Status Existing
Year Built 1890
Annual Tax Amount $7,028
Tax Year 2025
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Rare mixed-use investment opportunity featuring three income-producing units across two separate buildings. Whether you're an investor looking to expand your portfolio, an entrepreneur seeking a versatile property, or an owner-occupant looking to offset your mortgage, this property offers flexibility and multiple income opportunities. The property includes a detached approximately 1,800-square-foot commercial building currently leased to and occupied by an established daycare tenant, providing consistent commercial rental income, along with a front duplex offering two 2-bedroom, 1-bath apartments totaling 1,648 square feet. Significant renovations were completed to the commercial building in 2024, enhancing its functionality and appeal. Featuring an open floor plan, two bathrooms, and storage areas, the space offers flexibility for a variety of commercial uses, subject to local approvals. Current lease information and income figures are available upon request. Both residential units feature practical layouts that support residential rental use and provide consistent rental income. With two residential units and an established commercial tenant under one ownership, this property presents a unique opportunity in the heart of Swanton. Opportunities combining residential and commercial revenue potential are rarely available.
Location
State VT
County Vt-franklin
Area Vt-Franklin
Zoning Commercial/Residential
Rooms
Basement Entrance Walk-up
Basement Crawl Space, Dirt Floor
Interior
Cooling None
Flooring Carpet, Laminate
Exterior
Utilities Available Telephone Available
Roof Type Corrugated,Metal
Building
Story 2
Sewer Public
Architectural Style Apartment Building, Duplex
Construction Status Existing
Schools
Elementary Schools Highgate Elementary School
Middle Schools Missisquoi Valley Union Jshs
High Schools Missisquoi Valley Uhsd #7
NEARBY SCHOOLS & PROPERTIES
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