123 Lake ST, Swanton, VT 05488
123 Lake ST, Swanton, VT 05488
123 Lake ST, Swanton, VT 05488
123 Lake ST, Swanton, VT 05488
123 Lake ST, Swanton, VT 05488
123 Lake ST, Swanton, VT 05488
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Sherry Tremblay

Sherry Tremblay

+1(603) 660-1955
Listed by Tami Lantz • Sherwood Real Estate
$ 469,000
Est. payment | /mo

6 Beds

4 Baths

2,632 SqFt

Save
$ 469,000
Est. payment | /mo
Save

6 Beds

4 Baths

2,632 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,632 sqft

Price per Sqft $178

MLS Listing ID 5055086

Bedrooms 6

Full Baths 4

Construction Status Existing

Year Built 1977

Annual Tax Amount $6,081

Tax Year 2024

Lot Size 11.850 Acres

Acres 11.85

Property Description

Unique multi-unit property offering three separate living spaces, over 3,500 sqft of living area, and 11.85 acres with established rental income and excellent owner-occupant potential. Whether you're looking to offset your mortgage, invest in income-producing real estate, or create a multi-generational homestead, this versatile property offers plenty of possibilities. Each unit has its own electric meter, first-floor bedroom, bath, and laundry. Two units currently have reliable month-to-month tenants generating $3,471/month, while the spacious 3-bedroom, 1.5-bath front apartment will be available for the new owner to occupy. The front unit also offers a clean concrete basement for winter workshop space, plus three unfinished third-floor rooms with potential for expanded living space (currently used for for storage). Two front units feature pellet stoves - *brand new* stove in front apartment. Oil heat is primary heating source. Zoned R1 with a one-acre minimum lot size, the property may offer future subdivision potential, subject to approvals. Enjoy 11.85 acres of level pasture and woodland, ideal for hobby farming, horses, gardening, hunting, or recreation, bordering a Wildlife Sanctuary. Features include two driveways for privacy and future development potential, two garages, a shed, gazebo, garden space, and over 1,400 feet of road frontage. Just moments from Lake Champlain's Maquam Shore for boating and fishing and Swanton Village for amenities. St. Albans City is only 10 minutes, with Burlington approximately 40 minutes away and Montreal about an hour. Newer improvements include roof, siding, electrical, heating ductwork, knotty pine walls, paint and more. Live in one, rent the others, and make this versatile Vermont property work for you! Motivated sellers!

Location

State VT

County Vt-franklin

Area Vt-Franklin

Zoning Res

Rooms

Basement Entrance Interior

Basement Concrete, Concrete Floor, Interior Stairs, Storage Space, Sump Pump

Interior

Cooling None

Flooring Carpet, Laminate, Vinyl, Wood

Exterior

Garage Spaces 2.0

Utilities Available Telephone Available

Roof Type Metal

Building

Story 1.5

Sewer Private, Septic

Architectural Style Multi-Level

Construction Status Existing

Schools

Elementary Schools Swanton School

Middle Schools Swanton School

High Schools Missisquoi Valley Uhsd #7

PrimeMLS

NEARBY SCHOOLS & PROPERTIES

Sherry Tremblay

+1(603) 660-1955

smartsuccessrealty@gmail.com

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123 Lake ST