Great 7 Unit apartment building in the center of Swanton Village. This building has a $66,000 gross and very aggressive net. Public parking and a small lawn keep the maint cost low. Tenants pay all utilities. Many updated units to include a massive 1800+ sf 2 br 5 room single level apartment that was converted from a restaurant in 2014. This apartment has a screened porch and a 2500 sf enclosed courtyard. Everything in that unit was remodeled in 2014. 7 Rented Natural Gas HW heaters. Building borders the Marble Mill park/play ground. Overlooks the Missisquoi River. This building offers great instant cash flow. Run these numbers and you'll see why this is building will produce a solid income from day one. Many units have a washer/dryer hook-up. All units include stove and fridge.
Contact one of our Buyer's Agents at 802-488-3488 or info@AdamHergenrother.com for more information or a private showing! Great Duplex with lots of updates within the past 7-10 years including new roof and siding. Spacious, side-by-side units with 2 bedrooms each, separate heat and electricity, laundry hook-ups, covered porches to relax on and plenty of parking and yard space. Long-term tenants with great rental history or owner-occupy one unit while the other pays most of the bills! Great in-town location, minutes to all Swanton amenities and I-89 plus easy access to St. Albans and Lake Champlain. A unique investor opportunity - priced way below assessed value!
This is a main street triplex with a large lot and plenty of parking. It will make a great owner occupied with fabulous mortgage rates to get the entrepreneur going on a first investment, or an investor to buy, and have immediate cash flow. Garage is for Unit C and is being used as a workshop. See projected return analysis in documents
Just back on market...inspection & appraisal had been completed satisfactorily. Fantastic investment opportunity for an owner occupied duplex or as a solid rental unit. Well maintained and hasn't changed hands since the early 80's. This duplex has had wonderful rental history. Upstairs (Unit B) has new kitchen cabinets, counters & fixtures, as well as the bath. Both units spacious with enclosed porches for 3 season enjoyment. Gracious home with plenty of parking, separate municipal services, laundry hookups for each, plus a nice yard to enjoy. Well priced to SELL! As of the end of 2013 heat has been converted to VT Gas & 2 new furnaces in basement.