Recently used as a multi unit with remnants of 2 kitchens and 3 full bathrooms, it could also be restored to a generous single family residence including additional finished attic space. Located on a level lot with some views. Needs extensive work but so much potential! Best suited to a cash purchase.
Welcome to 989-1009 Middle Pownal Roadâ??a true gem with fantastic income potential in a gorgeous setting! This rare 4-unit multifamily property includes a charming stand-alone 1-bedroom, 1-bathroom cottage, occupied by a long-term tenant, and a well-maintained 3-unit building. The spacious 2-bedroom, 1-bathroom top-floor unit is under an annual lease, while the two fully furnished 1-bedroom, 1-bathroom units on the lower level have been a hit with traveling nurses. These furnished units are currently vacant to make the sale process smooth and stress-free! The main building has had some major upgrades, including a new roof and windows in the last 5-7 years, a new septic tank (2021), a water heater (2022), and a brand-new furnace. The deck has been beautifully rebuilt, and the well was drilled 250 ft deeper with a new pump and filtration system. One of the stoves and refrigerators in the furnished units has also been replacedâ??talk about move-in ready! While the cottage could use a little TLC, the main building is in top-notch condition and ready to keep earning! Sited in the scenic town of Pownal, youâ??re just minutes from outdoor fun and cultural hotspots like Bennington and Williamstown. This is a rare opportunity to snag a solid investment in a desirable area.
Pownal is located in Vermont. Pownal, Vermont has a population of 3,290. Pownal is more family-centric than the surrounding county with 23.8% of the households containing married families with children. The county average for households married with children is 22.94%.
The median household income in Pownal, Vermont is $63,654. The median household income for the surrounding county is $63,448 compared to the national median of $69,021. The median age of people living in Pownal is 45.5 years.
The average high temperature in July is 78.8 degrees, with an average low temperature in January of 11.2 degrees. The average rainfall is approximately 45.3 inches per year, with 64.6 inches of snow per year.
