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.
Mls | 5023183 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | (10) Active - Active |
Year | 1900 |
Days On Site | 8 |
Listing Provided By | Coldwell Banker Hickok and Boardman | Sandi Kenyon |
Sq Feet | 3,936 |
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Basement | Y |
Storys | 2 |
Units | 4 |
Zoning | Commercial General |
Acreage | 0.50 |
State | VT |
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County | Franklin |
City | Swanton |
Zip Code | 05488 |
School District | Missisquoi Valley UHSD #7 |
Elementary School | Swanton School |
Middle School | Swanton School |
High School | Missisquoi Valley UHSD #7 |
Listing VS Median (in 05488) | |
Price: $455,000 low | high Med: $336,950 SqFt: 3,936 low | high Med: 2,862 $ / SqFt: $116 low | high Med: $118 On Site: 8 low | high Med: 210.000000 |