50 First Street Swanton, Vermont 05488 MLS# 4905285

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Sold Status

$452,500 Sold Price

Multi Type

7 Beds

3 Baths

3,821 Sqft

Listed By Shawn Cheney of EXP Realty - Cell: 802-782-0400
Sold By Your Journey Real Estate

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Franklin County

50 First Street

Great opportunity for an investment or an owner occupied building. This property is currently owner occupied with all tenants as extended family. Buildings in this condition don't come up often and are definitely not the norm in the multifamily world. This property gives multiple options for an owner occupied or investment with a 2 br 3 br or 4 br owner occupied option. This property is currently set up as 3 apartments but could be combined back as 2 for a larger 4 br unit. Currently each unit has a garage but an owner could take an extra garage space back or reconfigure. This home has had to many upgrades to list and was transformed to what it is by a builder/owner. All utilities are separate and benefit from the affordability of natural gas and Swanton Electric. The property is located in a commercial or residential district so with town approval an in-home business could also be an option. Tenants are all month to month so make this place work for your vision.

Property Location

50 First Street Swanton

Property Details

Sold Price  $452,500 Sold Date  Aug 17th, 2023
MLS#  4905285 Bedrooms  7 Garage Size  3 Car
List Price  499,000 Total Bathrooms  3 Year Built  1870
Type  Multi-Family Lot Size  0.2500 Acres Taxes $6,669
Units  3 Stories  2 Road Frontage  231
Annual Income  $0 Style  With Addition, Colonial, w/Addition, Neighborhood Water Frontage  
Annual Expenses  $0 Finished  3,821 Sqft Construction  No, Existing
Zoning   Residential Above Grade  3,821 Sqft Seasonal  No
Total Rooms  7 Below Grade  0 Sqft List Date  Apr 15th, 2022
Gross Income  $0 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $0/Mo Unit 2   2 Beds, 1 Baths, $800/Monthly
Unit 3   3 Beds, 1 Baths, $900/Monthly
ConstructionWood Frame
BasementInterior, Bulkhead, Unfinished, Interior Access
Interior Features
Exterior Features
Exterior  Vinyl Siding Disability Features  
Foundation  Fieldstone House Color  
Floors  Vinyl, Carpet, Tile, Laminate Building Certifications  
Roof  Metal HERS Index  
DirectionsFrom I-89 Exit 21N Swanton turn left off the exit. Take Rt 78/First Street go about 3/4 of a mile see the sign of the left.
Lot Description, Corner, City Lot, Sidewalks, Village, Village
Garage & Parking  Yes, ,
Road Frontage  231 Water Access  
Driveway  Paved, Gravel 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, Direct Vent Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric, On Demand, Gas-Natural Financing  
Cable Co  Comcast/Xfinity Documents  
Electric  Circuit Breaker Tax ID  639-201-10818

† The remarks published on this webpage originate from Listed By Shawn Cheney of EXP Realty - Cell: 802-782-0400 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.