71 1st St, Swanton, VT 05488

$514,900
2,324
SqFt

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Listing courtesy of Sherry Corbeil from M Realty. ()

List Price
$514,900
Status
ACTIVE
MLS#
5095835
Price Change
▼ $10,100 1783392043
Living Area
2,324
Lot Size
0.25
Acres
0.25
Year Built
1890

Property Description

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.

Additional Information

Taxes
$7,028
Listing Agent
Sherry Corbeil
Listing Office
M Realty
Style
Apartment, Duplex
Elementary School
Highgate Elementary School
Middle School
Missisquoi Valley Union Jshs
High School
Missisquoi Valley UHSD #7
Exterior Features
Porch
Electric
Circuit Breakers
Utilities
Phone Available
Basement
Crawl Space, Dirt Floor
Foundation
Block, Stone
Sewer
Public Sewer
Roof
Corrugated, Metal
Zoning
Commercial/Residential
Water
Public

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

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