Swanton VT Multi Family for Sale
$455,000
23 Depot Street Swanton, VT 05488
- Type:
- Multi-Family
- Sq.Ft.:
- 2,680
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.5 Acres
- Year built:
- 1900
- Baths:
- 4.00
- MLS#:
- 5023183
ADDITIONAL INFORMATION
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.
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Swanton Real Estate
The median home value in Swanton, VT is $349,900. This is higher than the county median home value of $307,800. The national median home value is $338,100. The average price of homes sold in Swanton, VT is $349,900. Approximately 69.27% of Swanton homes are owned, compared to 13.68% rented, while 17.05% are vacant. Swanton 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 Swanton real estate agent to arrange a tour today!
Swanton, Vermont has a population of 6,724. Swanton is less family-centric than the surrounding county with 23.36% of the households containing married families with children. The county average for households married with children is 28.56%.
The median household income in Swanton, Vermont is $68,294. The median household income for the surrounding county is $68,476 compared to the national median of $69,021. The median age of people living in Swanton is 43.4 years.
Swanton Weather
The average high temperature in July is 79.7 degrees, with an average low temperature in January of 7.5 degrees. The average rainfall is approximately 37.3 inches per year, with 72.4 inches of snow per year.