3085 River Road Duxbury, Vermont 05676

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For Sale Status
$1,300,000 List Price
Multi Type
13 Beds
8 Baths
6,432 Sqft
Listed By Lisa Meyer of BHHS Vermont Realty Group/Waterbury

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Washington County

A unique and lucrative 9-unit investment property located just 5 minutes from downtown Waterbury. The lot consists of 31 acres and permits are available for an additional stand alone building with three 2 bedroom apartments. The barn, with 6 units, was fully renovated starting in 2000 and the apartments are comfortable and inviting with exposed beams, great light and modern finishes. The farmhouse, also renovated, consists of 2/2 bedroom large units and a one bedroom unit. Additional features include secure storage units for each apartment, a shared coin-op laundry room, newer boilers and water heater. This is a rare opportunity to own a stable income producing asset with a quiet country setting, open garden space, plenty of parking and long term tenants. Take advantage of the income from a well maintained and easy to manage property in a highly desirable location. Easy commute to Burlington or Montpelier, and close to many recreational activities. Property was withdrawn previously because Seller wanted to wait to close until 2023.

Property Location

Property Details

MLS#  4908277 Bedrooms  13 Garage Size   Car
List Price  1,300,000 Total Bathrooms  8 Year Built  1851
Type  Multi-Family Lot Size  31.2600 Acres Taxes $13,546
Units  9 Stories  2 Road Frontage  328
Annual Income  $128,760 Style  Farmhouse Water Frontage  
Annual Expenses  $0 Finished  6,432 Sqft Construction  No, Existing
Zoning   Rural ag., forest rec Above Grade  6,432 Sqft Seasonal  No
Total Rooms  13 Below Grade  0 Sqft List Date  May 5th, 2022
Gross Income  $128,760 Operating Expenses  $0 Net Income  $79,440
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $1,300/Monthly Unit 2   2 Beds, 1 Baths, $1,300/Monthly
Unit 3   1 Beds, 1 Baths, $900/Monthly Unit 4   1 Beds, 1 Baths, $925/Monthly
Unit 5   2 Beds, 1 Baths, $1,250/Monthly Unit 6   2 Beds, 1 Baths, $1,275/Monthly
Unit 7   1 Beds, 1 Baths, $950/Monthly Unit 8   2 Beds, 1 Baths, $1,250/Monthly
ConstructionWood Frame, Post and Beam
BasementWalkout, Unfinished, Slab
Interior Features
Exterior Features
Exterior  Vinyl Siding, Wood Siding Disability Features  
Foundation  Stone, Concrete House Color  Yellow
Floors  Tile, Carpet, Softwood, Laminate, Hardwood Building Certifications  
Roof  Shingle-Asphalt, Metal HERS Index  
DirectionsFrom North Main Street in Waterbury, turn onto Winooski Street. Turn right onto River Road. Property on the left side. See sign.
Lot DescriptionYes, Sloping, Wooded, Level, Wooded Setting, Landscaped
Garage & Parking  No, , , Off Street
Road Frontage  328 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  Rural ag., forest rec
School District  Washington West Middle  Crossett Brook Middle School
Elementary  Brookside Elementary School High  Harwood Union High School
Heat Fuel  , Oil, Gas-Lp/Bottle Excluded  
Heating/Cool  None, Baseboard, Hot Water Negotiable  
Sewer  Septic Parcel Access ROW  Unknown
Water  Drilled Well ROW for Other Parcel  Unknown
Water Heater  Electric Financing  
Cable Co   Documents  Survey, Deed
Electric  Circuit Breaker Tax ID  189-060-10215

† The remarks published on this webpage originate from Listed By Lisa Meyer of BHHS Vermont Realty Group/Waterbury via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.