Canaan VT Multi Family for Sale
$175,000
59 Christian Hill Canaan, VT 05903
- Type:
- Multi-Family
- Sq.Ft.:
- 2,668
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.37 Acres
- Year built:
- 1950
- Baths:
- 1.00
- MLS#:
- 5006668
ADDITIONAL INFORMATION
Unique and Versatile Investment Opportunity in the Northeast Kingdom of Vermont Discover the charm of the Northeast Kingdom in Canaan, VT, with this versatile 3-unit building located right on the Canadian border. This property offers excellent investment potential and a variety of living and business possibilities. Unit 1 (Ground Level): Currently set up as an office space with a reception area, conference room, storage, and a half bath. Easily convertible into an additional apartment, perfect for maximizing rental income. Unit 2 (Ground Level): A cozy 1-bedroom apartment with a full bathroom. Open concept kitchen, dining, and living area. Plenty of storage space, ideal for comfortable living. Unit 3 (Second Floor): Spacious office space featuring 2 private offices, a kitchenette, an oversized open area, and a half bath. Potential to convert back into an apartment, with space available for adding a shower or tub to the bath. Additional Property Features: Very energy efficient with low heating and electric costs. An open back lawn area perfect for relaxation or outdoor activities. Direct access to snowmobile and ATV trails, catering to outdoor enthusiasts. Close proximity to all area mountains, lakes and rivers, providing ample recreational opportunities. This property is also a great option for short-term rentals like Airbnb. For those looking to occupy one unit, the rental income from the other two units can significantly offset monthly living expenses!
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Canaan Real Estate
The median home value in Canaan, VT is $215,000. This is higher than the county median home value of $190,800. The national median home value is $338,100. The average price of homes sold in Canaan, VT is $215,000. Approximately 58.87% of Canaan homes are owned, compared to 6.21% rented, while 34.93% are vacant. Canaan real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Canaan real estate agent to arrange a tour today!
Canaan, Vermont has a population of 789. Canaan is more family-centric than the surrounding county with 34.78% of the households containing married families with children. The county average for households married with children is 20.04%.
The median household income in Canaan, Vermont is $52,560. The median household income for the surrounding county is $48,194 compared to the national median of $69,021. The median age of people living in Canaan is 53.7 years.
Canaan Weather
The average high temperature in July is 76.9 degrees, with an average low temperature in January of 0.1 degrees. The average rainfall is approximately 41.6 inches per year, with 103.7 inches of snow per year.