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    Swanton, VT $525,000

71 1st Street

Swanton, VT 05488

MLS # 5095835 Multi-Family Active
$7,029
Taxes
2,324
Square feet
3
# of units
0.25
Acres

Rare mixed-use investment opportunity featuring three income-producing units across two separate buildings. Whether you’re an investor looking to expand your portfolio, an entrepreneur seeking a versatile property, or an owner-occupant looking to offset your mortgage, this property offers flexibility and multiple income opportunities. The property includes a detached approximately 1,800-square-foot commercial building currently leased to and occupied by an established daycare tenant, providing consistent commercial rental income, along with a front duplex offering two 2-bedroom, 1-bath apartments totaling 1,648 square feet. Significant renovations were completed to the commercial building in 2024, enhancing its functionality and appeal. Featuring an open floor plan, two bathrooms, and storage areas, the space offers flexibility for a variety of commercial uses, subject to local approvals. Current lease information and income figures are available upon request. Both residential units feature practical layouts that support residential rental use and provide consistent rental income. With two residential units and an established commercial tenant under one ownership, this property presents a unique opportunity in the heart of Swanton. Opportunities combining residential and commercial revenue potential are rarely available.

Property Type Multi-Family
# of Units 3
Subdivision Name N/A
Year Built 1890
Parking N/A
Road Frontage N/A
Acres 0.25
Gross Income 58800
Annual Expenses 16100
# of Gas Meters N/A
# of Electric Meters N/A
Sq Ft (Above Ground) 1648
Sq Ft (Below Ground) 676
Total Sq Ft 2324
Land Description N/A
Elementary School Highgate Elementary School
Middle School Missisquoi Valley Union Jshs
High School Missisquoi Valley UHSD #7
Financing Details N/A
Documents Available N/A