Great well cared for owner occupied home with 3 apartments all with 3 beds and one bath. Vinyl siding, metal roof, updated furnace and all with separate electric, this property is in a great location with lots of potential as an owner-occupied home or investment property. There is a two-car garage with shed and an overhang. Enjoy the level yard with garden space and picturesque seating areas to take in the view. Come and look at this great property today. Subject to the current owner leasing back their unit.
Unique and Versatile Investment Opportunity in the Northeast Kingdom of Vermont Discover the charm of the Northeast Kingdom in Canaan, VT, with this versatile 3-unit building located right on the Canadian border. This property offers excellent investment potential and a variety of living and business possibilities. Unit 1 (Ground Level): Currently set up as an office space with a reception area, conference room, storage, and a half bath. Easily convertible into an additional apartment, perfect for maximizing rental income. Unit 2 (Ground Level): A cozy 1-bedroom apartment with a full bathroom. Open concept kitchen, dining, and living area. Plenty of storage space, ideal for comfortable living. Unit 3 (Second Floor): Spacious office space featuring 2 private offices, a kitchenette, an oversized open area, and a half bath. Potential to convert back into an apartment, with space available for adding a shower or tub to the bath. Additional Property Features: Very energy efficient with low heating and electric costs. An open back lawn area perfect for relaxation or outdoor activities. Direct access to snowmobile and ATV trails, catering to outdoor enthusiasts. Close proximity to all area mountains, lakes and rivers, providing ample recreational opportunities. This property is also a great option for short-term rentals like Airbnb. For those looking to occupy one unit, the rental income from the other two units can significantly offset monthly living expenses!
Canaan is located in Vermont. Canaan, Vermont has a population of 1,030. Canaan is more family-centric than the surrounding county with 26.58% of the households containing married families with children. The county average for households married with children is 22.07%.
The median household income in Canaan, Vermont is $39,917. The median household income for the surrounding county is $38,767 compared to the national median of $57,652. The median age of people living in Canaan is 49.2 years.
The average high temperature in July is 73.7 degrees, with an average low temperature in January of -1.2 degrees. The average rainfall is approximately 42.9 inches per year, with 97.6 inches of snow per year.
