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This six-unit apartment complex is the perfect investment opportunity for the savvy real estate investor. Three of the Six Units Recently Renovated. Located in the heart of Swanton, VT This property is walking distance to several great nearby restaurants and just minutes from the park and schools. Many units are rented with long term tenants in place. This is a great opportunity for an investor to get a property that has been well-maintained and ready for a new owner. This property has a great opportunity to increase the value of the by simply renovating the other units! †
Property Location
18 Church Street Swanton
Property Details
Sold Price $575,000
Sold Date Feb 10th, 2023
List Price 630,000
Bedrooms 13
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 6
Year Built 1880
MLS# 4933010
Lot Size 0.37 Acres
Taxes $9,405
Type Multi-Family
Days on Market 774 Days
Tax Year 2022
Units 6
Stories 3
Road Frontage
Annual Income $74,400
Style Multi-Family, Village
Water Frontage
Annual Expenses $0
Finished 4,227 Sqft
Construction No, Existing
Zoning Commercial
Above Grade 4,227 Sqft
Seasonal No
Total Rooms 13
Below Grade 0 Sqft
List Date Oct 9th, 2022
Gross Income $74,400
Operating Expenses $0
Net Income $20,724
Expenses Includes
Unit 1 3 Beds, 1 Baths, $0/Monthly
Unit 2 2 Beds, 1 Baths, $0/Monthly
Unit 3 2 Beds, 1 Baths, $1,300/Monthly
Unit 4 2 Beds, 1 Baths, $1,200/Monthly
Unit 5 2 Beds, 1 Baths, $1,550/Monthly
Unit 6 2 Beds, 1 Baths, $850/Monthly
ConstructionWood Frame
BasementInterior, Concrete, Dirt Floor
Interior Features
Exterior Features
Exterior Vinyl
Disability Features
Foundation Concrete
House Color Tan
Floors Carpet, Vinyl Plank
Building Certifications
Roof Shingle
HERS Index
DirectionsExit interstate, west on to 78. South on to Grand Ave, and right on to Academy. Property straight ahead.
Lot Description, Trail/Near Trail, City Lot, Trail/Near Trail, Walking Trails, Village
Garage & Parking No, ,
Road Frontage
Water Access
Driveway Crushed Stone
Water Type
Flood Zone No
Water Body
Zoning Commercial
School District Franklin Northwest
Middle Swanton School
Elementary Swanton School
High Missisquoi Valley UHSD #7
Heat Fuel
Excluded
Heating/Cool None, Direct Vent, Forced Air
Negotiable
Sewer Public
Parcel Access ROW
Water Public
ROW for Other Parcel
Water Heater Rented, Owned, Rented
Financing
Cable Co Xfinity
Documents
Electric Circuit Breaker
Tax ID 639-201-10639
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† The remarks published on this webpage originate from Listed By Shawn Cheney of EXP Realty - Cell: 802-782-0400 via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.