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.

More Info

Tax Information

Tax Year2024

Building

Year Built1900
Building ConstructionVinyl Siding
Units4
Unit 1 Bath1
Unit 1 Bedrooms3
Unit 1 Floor Location1
Unit 1 Total Rooms5
Unit 2 Bath1
Unit 2 Bedrooms2
Unit 2 Floor Location1
Unit 2 Total Rooms4
Unit 3 Bath1
Unit 3 Bedrooms2
Unit 3 Floor Location2
Unit 3 Total Rooms4
Unit 4 Bath1
Unit 4 Floor Location2
Unit 4 Total Rooms4
# of 2 Bedrooms3
# of 3+ Bedrooms1
Bathroom4
Total Baths4
BasementConcrete Floor, Partial, Stairs - Interior, Unfinished
FoundationBlock, Brick, Stone

Basic Information

StatusPEN
List Price$455,000
Date Price Change11/25/2024
MLS Number5023183
MLS StatusPending

Property

Acreage0.5
GarageNo
Parking Spaces
Lot DescriptionLevel, Open
Square Feet2,680
APX Fin AG Sqft2,680
Road Frontage217
AreaVT-Franklin

Utilities

Heat SystemPropane, Oil, Baseboard, Electric, Hot Air, Hot Water, Monitor Type
ElectricCircuit Breaker(s)
SewerPublic
UtilitiesCable - Available, Telephone Available

Other

Taxes$6,967.95
Seasonal Y/NNo
TrashCurbside
Date Listed11/25/2024
Unit 1 Deposit$2,300
Unit 2 Rent Amount$1,300
Unit 3 Rent Amount$1,500
Unit 4 Rent amount$1,800

Location

TownSwanton
StateVT
Zip05488
CountyFranklin
ZoningCommercial General
Elementary SchoolSwanton School
Junior HighSwanton School
High SchoolMissisquoi Valley UHSD #7
Address23 Depot Street
Flood Zone Y/NUnknown

Interior

FloorsLaminate

Exterior

RoofMetal
Exterior ColorWhite

Amenities

Exterior AmenitiesNatural Shade, Porch - Covered, Porch - Enclosed
PricePerSqFt169.78

Water Body

Water AccessNo
Water ViewNo

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