601 River RD Under Contract

Putney,VT 05346

$ 349000

8 Beds

4 Baths

3438 SqFt


Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,438 sqft

Price per Sqft $101

MLS Listing ID 5030239

Bedrooms 8

Full Baths 4

Construction Status Existing

Year Built 1900

Annual Tax Amount $6,635

Tax Year 2024

Lot Size 1.200 Acres

Acres 1.2

Property Description

4-unit income property in an ideal location situated next to an operating farm with huge corn and other crop fields surrounding the parcel and very few neighbors. The 1.2 acres are all open and offer plenty of garden spots and outdoor recreation/activities for its tenants. Beautiful views out over the farm fields and an overall relaxed country living feel to this spot. Close to the CT River. The building is in good overall condition and is completely sprinkled!! Heat and Electric are included in the rents. With a Net income of over $35,000 per year, this is a tremendous opportunity to own a solid investment property with a CAP rate of 10 OR could be a great owner-occupied dwelling with fantastic income to offset the acquisition and ongoing costs because 2 units are vacant at present. Only minutes to Putney village yet total country living on a paved road. Very unique property and location.

Location

State VT

County Vt-windham

Area Vt-Windham

Zoning RES

Rooms

Basement Entrance Walk-up

Basement Bulkhead,Exterior Access

Interior

Cooling Individual

Exterior

Utilities Available Cable - At Site,Multi Phone Lines,Telephone At Site

Roof Type Metal,Shingle - Asphalt

Building

Story 2

Foundation Concrete,Fieldstone

Sewer On-Site Septic Exists,Private

Architectural Style Farmhouse

Construction Status Existing

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