18 Church Street Swanton, Vermont 05488

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Under Contract Status
$630,000 List Price
Multi Type
13 Beds
6 Baths
4,227 Sqft
Listed By Shawn Cheney of EXP Realty

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Franklin County

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

Property Details

Contract Date  Nov 26th, 2022
MLS#  4933010 Bedrooms  13 Garage Size   Car
List Price  630,000 Total Bathrooms  6 Year Built  1880
Type  Multi-Family Lot Size  0.3700 Acres Taxes $9,405
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

† The remarks published on this webpage originate from Listed By Shawn Cheney of EXP Realty 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.