23 Depot Street
Swanton, VT 05488
$455,000
Price
9
Beds
4
Baths
2,680 Sq. Ft.
$170 / Sq. Ft.
2,680
Sq. Ft.
$170
per Sq. Ft.
Description
This well-maintained, fully-rented four-unit apartment building is an ideal investment opportunity with short-term leases in place, providing immediate rental income. Formerly known as the West Side Inn, the property features some new flooring and fresh paint, making it a turn-key investment with minimal upkeep required. Situated on a half-acre lot. The units are heated with monitor heaters upstairs, and one oil furnace and one propane furnace service the building. Public water and sewer further...This well-maintained, fully-rented four-unit apartment building is an ideal investment opportunity with short-term leases in place, providing immediate rental income. Formerly known as the West Side Inn, the property features some new flooring and fresh paint, making it a turn-key investment with minimal upkeep required. Situated on a half-acre lot. The units are heated with monitor heaters upstairs, and one oil furnace and one propane furnace service the building. Public water and sewer further simplify ownership. With its prime location near downtown, the new bistro, and bakery, this building has strong demand from tenants, ensuring reliable cash flow. This is an excellent opportunity for investors looking to generate steady income.
- Listed by Sandi Kenyon • Coldwell Banker Hickok and Boardman
Property Details for 23 Depot Street
Parking
Driveway
Water ViewNo
Waterfront PropertyNo
ZoningCommercial General
LISTING UPDATED: 12/10/2024 03:37 PM
Property Details for 23 Depot Street
| Status | Active |
|---|---|
| MLS # | 5023183 |
| Days on Market | 22 |
| Taxes | $6,968 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1900 |
| Lot Size | 0.50 AC / 21,780 SF |
| County | Franklin County |
Building Information for 23 Depot Street
Stories2Residences4Year Built1900Building Size-Lot Size0.50 AC / 21,780 SF
Property Information for 23 Depot Street
Summary
Location and General Information
- City: Swanton
- County: VT-Franklin
- Directions: I-89 Exit 21 to east on Route 78 through Swanton, over the bridge, go straight at the intersection onto Depot Street. House on the far left.
- Latitude: 44.921978806490309
- Longitude: -73.129931093254086
- Road Frontage: Yes
- Seasonal: No
- State: VT
- Street Designation: Street
- Zip Code: 05488
Taxes and HOA Information
- SPAN Number: 639-201-10719
- Tax Year: 2024
- Taxes TBD: No
School Information
- School - High: Missisquoi Valley UHSD #7
- School - District: Franklin Northwest
- School - Elementary: Swanton School
- School - Middle/Jr: Swanton School
Parking
- Garage: No
- Garage Capacity: .00
- Driveway: Paved
Property
Lot Information
- Lot - Sqft: 21780.0
- Lot Features: Level, Open
- Lot Size Acres: 0.5
- Road Frontage Length: 217.0
- Square Feet Apx Finished Above Grade: 2680.0
- Square Feet Apx Finished AG Source: Public Records
- Square Feet Apx Finished Below Grade: 0.0
- Square Feet Apx Finished BG Source: Public Records
- Square Feet Apx Total: 3936.0
- Square Feet Apx Total Finished: 2680.0
- Square Feet Apx Unfinished Above Grade: 0.0
- Square Feet Apx Unfinished AG Source: Public Records
- Square Feet Apx Unfinished Below Grade: 1256.0
- Square Feet Apx Unfinished BG Source: Public Records
- Water Body Access: No
Property and Assessments
- Current Use: No
- Property Class: Multi-Family
- Construction Status: Existing
- Easements: No
- Flood Zone: Unknown
- Foundation: Block, Brick, Stone
- Planned Urban Developmt: No
- PreConstruction: No
- Surveyed: Unknown
- Year Built: 1900
Utilities
- Electric Company: Swanton Electric
- Fuel Company: Bourne, Blouin
- Electric: Circuit Breaker(s)
- Sewer: Public
- Water Source: Public
- Utilities: Cable - Available, Telephone Available
- Total Gas Meters: 0
- Total Electric Meters: 4
- Separate Utilities: Yes
- Internet: High Speed Intrnt -Avail
Interior and Exterior Features
Exterior Features
- Color: White
- Construction Materials: Vinyl Siding
- Features - Exterior: Natural Shade, Porch - Covered, Porch - Enclosed
- Roof: Metal
- Total Ranges: 4
Interior Features
- Appliances: Water Heater – Electric
- Basement: Yes
- Basement Access Type: Interior
- Basement Description: Concrete Floor, Partial, Stairs - Interior, Unfinished
- Total Full Baths: 4
- Flooring: Laminate
- Heating: Propane, Oil, Baseboard, Electric, Hot Air, Hot Water, Monitor Type
- Cooling: None
- Total Refrigerators: 4
- Total Rooms Above Ground: 17
- Total Stories: 2
- Total Water Heaters: 4
- Trash: Curbside
Multi Family
Income & Expenses Information
- Gross Income: $82,800.00
Multi-Family Information
- Total Units: 4
- Total 1 BR Units: 0
- Total 2 BR Units: 3
- Total 3+ BR Units: 1
- Total Heat Units: 4
Unit Information
Unit 1
- Unit 1 Baths: 1
- Unit 1 Bedrooms: 3
- Unit 1 Lease Term: Month to Month
- Unit 1 Level Number: 1
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Status: Leased
- Unit 1 Apx Sqft: 788.0
- Unit 1 Rooms: 5
- Unit 1 Rental Amount: $2,300.00
- Unit 1 Tenant Pays: Internet Service
- Unit 1 Info: Electric, Heat, Laundry Hookup, Porch, Range - Electric, Refrigerator
Unit 2
- Unit 2 Lease Term: Month to Month
- Unit 2 Baths: 1
- Unit 2 Rooms: 4
- Unit 2 Status: Leased
- Unit 2 Level Number: 1
- Unit 2 Rental Amt Freq: Monthly
- Unit 2 Apx Sqft: 765.0
- Unit 2 Bedrooms: 2
- Unit 2 Rental Amount: $1,300.00
- Unit 2 Info: Laundry Hookup, Range - Electric, Refrigerator
- Unit 2 Tenant Pays: Electric, Heat, Internet Service
Unit 3
- Unit 3 Lease Term: Short Term
- Unit 3 Baths: 1
- Unit 3 Rooms: 4
- Unit 3 Level Number: 2
- Unit 3 Rental Amt Freq: Monthly
- Unit 3 Status: Leased
- Unit 3 Apx Sqft: 684.0
- Unit 3 Bedrooms: 2
- Unit 3 Rental Amount: $1,500.00
- Unit 3 Info: Electric, Heat, Range - Electric, Refrigerator
- Unit 3 Tenant Pays: Internet Service
Unit 4
- Unit 4 Lease Term: Short Term
- Unit 4 Level Number: 2
- Unit 4 Rental Amt Freq: Monthly
- Unit 4 Rooms: 4
- Unit 4 Baths: 1
- Unit 4 Apx Sqft: 584.0
- Unit 4 Bedrooms: 2
- Unit 4 Status: Leased
- Unit 4 Rental Amount: $1,800.00
- Unit 4 Info: Electric, Heat, Porch, Range - Electric, Refrigerator
- Unit 4 Tenant Pays: Internet Service
Rental
Rent Information
- Total Leases: 4
Property History for 23 Depot Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 23 Depot Street
Taxable ValueLand$32,000Additions$190,100Total$222,100
Tax Record2020$4,462 ($372 / month)
Home Facts
Baths4Total Finished SqFt2,680 SqFtAbove Grade Finished SqFt2,680 SqFtStories2Lot Size21,780 SqFtStyleMiscellaneous CommercialYear Built1900CountyFRANKLINAPN(201) DP0023.0024
Schools near 23 Depot Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 12 |
Rating | School | Distance |
|---|---|---|
Swanton Schools PublicPK to 6 | ||
Missisquoi Valley Uhsd #7 Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Coldwell Banker Hickok and Boardman
Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/18/2024 06:11 AM
