Skip To Content
Courtesy of Sandi Kenyon of Coldwell Banker Hickok and Boardman: .

23 Depot Street

Swanton, VT 05488
  • $455,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 5023183
UPDATED: 51 min ago
$455,000
  • 9
    BEDS
  • 0.5
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,680
    SQFT
  • $170
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
School District:

Description

This well-maintained, fully-rented four-unit apartment building is an ideal investment opportunity with short-term leases in place, providing immediate rental income. Formerly known as the West Side Inn, the property features some new flooring and fresh paint, making it a turn-key investment with minimal upkeep required. Situated on a half-acre lot. The units are heated with monitor heaters upstairs, and one oil furnace and one propane furnace service the building. Public water and sewer further simplify ownership. With its prime location near downtown, the new bistro, and bakery, this building has strong demand from tenants, ensuring reliable cash flow. This is an excellent opportunity for investors looking to generate steady income.

Monthly Payment Calculator



© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-12-07T16:06:10.97.
www.livingvermont.com/homes/158275062
Print Image

23 Depot Street Swanton, VT 05488

  • Price: $455,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 51 min ago
  • MLS #: 5023183
9
Beds
4
Baths
0
½ Baths
0.5
Acres
2,680
SQFT
$170
$/SQFT
1900
Built
County:
Franklin
Area:
Swanton
Elementary School:
Swanton School
Middle School:
Swanton School
High School:
Missisquoi Valley Uhsd #7
School District:
Franklin Northwest
Property Description
This well-maintained, fully-rented four-unit apartment building is an ideal investment opportunity with short-term leases in place, providing immediate rental income. Formerly known as the West Side Inn, the property features some new flooring and fresh paint, making it a turn-key investment with minimal upkeep required. Situated on a half-acre lot. The units are heated with monitor heaters upstairs, and one oil furnace and one propane furnace service the building. Public water and sewer further simplify ownership. With its prime location near downtown, the new bistro, and bakery, this building has strong demand from tenants, ensuring reliable cash flow. This is an excellent opportunity for investors looking to generate steady income.
Exterior Features

Architectural Style Multi-Family Color White Construction Materials Vinyl Siding Driveway Paved Exterior Features Natural ShadePorch - CoveredPorch - Enclosed Has Garage No Lot Features LevelOpen Parking Driveway Road Frontage Yes Road Frontage Length 217 Roof Metal Water Body Access YN No Water View YN No Waterfront Property No

Interior Features

Basement Access Type Interior Basement Description Concrete FloorPartialStairs - InteriorUnfinished Cooling None Flooring Laminate Foundation BlockBrickStone Has Basement Yes Heating PropaneOilBaseboardElectricHot AirHot WaterMonitor Type Total Heated Units 4 Total Ranges 4 Total Refrigerators 4 Total Water Heaters 4 Unit1 Approx Sq Ft 788 Unit1 Baths 1 Unit2 Approx Sq Ft 765 Unit2 Baths 1 Unit3 Approx Sq Ft 684 Unit3 Baths 1 Unit4 Approx Sq Ft 584 Unit4 Baths 1

Property Features

Auction No Construction Status Existing Easements No Electric Circuit Breaker(s) Electric Company Swanton Electric Flood Zone Unknown Foreclosed / Bank Owned / REO No Fuel Company BourneBlouin Gross Income 82800 Planned Urban Developmt No Possession At Closing Pre Construction No Road Frontage Type Paved Seasonal No Separate Utilities Yes Sewer Public Tax Gross Amount 6967.95 Tax Year 2024 Taxes Tbd No Total Electric Meters 4 Total Gas Meters 0 Total Leases 4 Total1 Bed Units 0 Total2 Bed Units 3 Total3 Plus Bed Units 1 Trash Curbside Unit1 Info ElectricHeatLaundry HookupPorchRange - ElectricRefrigerator Unit1 Rental Amount 2300 Unit1 Tenant Pays Internet Service Unit2 Info Laundry HookupRange - ElectricRefrigerator Unit2 Rental Amount 1300 Unit2 Tenant Pays ElectricHeatInternet Service Unit3 Info ElectricHeatRange - ElectricRefrigerator Unit3 Rental Amount 1500 Unit3 Tenant Pays Internet Service Unit4 Info ElectricHeatPorchRange - ElectricRefrigerator Unit4 Rental Amount 1800 Unit4 Tenant Pays Internet Service Utilities Cable - AvailableTelephone Available Water Source Public Zoning Commercial General

Courtesy of Sandi Kenyon of Coldwell Banker Hickok and Boardman: .


© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-12-07T16:06:10.97.
 
https://bt-photos.global.ssl.fastly.net/nneren/orig_boomver_1_5023183-2.jpg https://bt-photos.global.ssl.fastly.net/nneren/orig_boomver_1_5023183-2.jpg https://bt-photos.global.ssl.fastly.net/nneren/orig_boomver_1_5023183-2.jpg
Logo
RE/MAX North Professionals
553 Roosevelt highway suite 200
Colchester VT, 05446