84 Grand Avenue Swanton, Vermont 05488 MLS# 4653946

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Sold Status

$185,000 Sold Price

Multi Type

4 Beds

4 Baths

3,370 Sqft

Listed By Shawn Cheney of
Sold By EXP Realty
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Franklin County

84 Grand Avenue

4 unit apartment building with great cash flow. At $3350 a month with $40,200 a year Gross income and $24,582 net income day one. This building has been a great investment for the owners for several years and provides solid income. Good rental history and several upgrades through the years like upgraded natural gas heating system will keep this building turning a profit. At just over $46,000 a unit and $10,000 per year gross income per unit this building will sustain itself with these numbers.

Property Location

84 Grand Avenue Swanton

Property Details

Sold Price  $185,000 Sold Date  Dec 7th, 2017
List Price  185,000 Bedrooms  4 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  4 Year Built  1900
MLS#  4653946 Lot Size  0.25 Acres Taxes $5,226
Type  Multi-Family Days on Market  2654 Days Tax Year 2016
Units  4 Stories  2 Road Frontage  180
Annual Income  $0 Style  Victorian Water Frontage  
Annual Expenses  $0 Finished  3,370 Sqft Construction  No, Existing
Zoning   Residential Above Grade  3,370 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  Aug 16th, 2017
Gross Income  $0 Operating Expenses  $0 Net Income  $40,200
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $875/Mo Unit 2   1 Beds, 1 Baths, $850/Mo
Unit 3   1 Beds, 1 Baths, $825/Mo Unit 4   1 Beds, 1 Baths, $800/Mo
ConstructionWood Frame, Masonry
BasementInterior, Dirt Floor
Interior Features
Exterior Features
Exterior  Brick Disability Features  
Foundation  Stone House Color  
Floors   Building Certifications  
Roof  Shingle-Architectural HERS Index  
DirectionsFrom I-89 exit 21 Swanton take Rt 78/First st west to T intersection at the park. Turn left on Grand Ave and go about 1/3 mile. See sign on the right.
Lot Description, Corner
Garage & Parking  No, ,
Road Frontage  180 Water Access  
Driveway  Crushed Stone Water Type  
Flood Zone  No Water Body  
Zoning  Residential
School District  Franklin Northwest Middle  Missisquoi Valley Union Jshs
Elementary  Swanton School High  Missisquoi Valley UHSD #7
Heat Fuel   Excluded  
Heating/Cool  None, Baseboard, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Gas-Natural, Off Boiler Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  639-201-10976
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† The remarks published on this webpage originate from Listed By Shawn Cheney of 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.