$489,000

House for sale Swanton
Property photo number 1 of 6 Photos for Property. File  104298521_29_622bc9f0ff9e441aa1a6bfe839d52346.jpeg

Overview

SUMMARY: Discover an opportunity with this Swanton house for sale and available for $489,000. This could be your next ideal home or a smart investment. More details await.
Three homes in one! Incredible opportunity for house hackers, investors, and homesteaders. This extraordinary 11.85-acre property, zoned R1 (minimum 1-acre lots) for HUD/subdivision potential, offers over 3,500 sqft living space across 3 units - each with its own electric meter
and 1st floor bedroom, bath, and laundry. Reliable M2M tenants in the back house and side apt - bringing in $3,471/month. Owners occupy the expansive front apt, and they plan to move upon property transfer, providing the opportunity for new owners to move right into the large unit with clean, concrete basement, which is a great workspace during the winter months. Two front units feature pellet stoves as cozy backup heating. Oil heat is primary for all. With woods and level pasture, this large lot of land is perfect for a hobby farming, horses, or a hunting/gathering lifestyle. It borders a Wildlife Sanctuary for privacy, views, and woodland friends. Includes over 1,400 feet of road frontage, 2 driveways, 2 garages, shed, garden space, and gazebo. Located a stone-throw to Lake Champlain for boating and fishing. Only a few minutes to Swanton Village amenities, St. Albans City, and the Canadian border at Quebec. 1 hour to Montreal and 40 minutes to Burlington. Property is ideally positioned to capture strong rental demand in a high-traffic, quintessential New England vacation and outdoor adventure destination. Owners have made many improvements, including a renovated 1st floor in the main house. There are three additional unfinished 3rd floor rooms in the "attic" of the front apt - one plumbed for a bathroom - offering potential for a 4th unit or larger owner quarters. *Newer features* - roof, vinyl siding, knotty pine walls, updated electric, trim and paint. Motivated sellers.

Details

  • Beds: 6
  • Baths: 4
  • Price: $489,000
  • Area: 2,632 sqft

Location

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