Welcome to this exceptional, exciting and diversified investment property! This historic 3-story brick building spans 4,611 square feet and has been extensively renovated by the current owner, creating a true turnkey opportunity. Featuring two spacious apartments and a flexible first-floor commercial space, it offers both reliable income and entrepreneurial options. Renovations include updated electrical, plumbing, flooring, cosmetics, and a new heat pump installation. The apartments are currently leased, providing a steady rental stream, while the first-floor commercial space has recently converted to a fully functional pizza parlor, overlooking the scenic Missisquoi River further enhances its appeal. The upper floors each feature a 2-bedroom, 1-bath apartment with new appliances and river views. The third floor also includes a large bonus room, separate from the apartment, offering added flexibility. Residents enjoy a communal laundry room, soaring ceilings, and charming original woodwork throughout. Ideally located just one hour from both Burlington and Montreal, and only a short ride to Jay Peak for skiing, snowboarding, and year-round recreation, this property sits in a thriving community. Donâ??t miss this rare opportunity to combine dependable rental income with business potential.
Richford is located in Vermont. Richford, Vermont has a population of 2,522. Richford is less family-centric than the surrounding county with 27.27% of the households containing married families with children. The county average for households married with children is 28.56%.
The median household income in Richford, Vermont is $52,946. The median household income for the surrounding county is $68,476 compared to the national median of $69,021. The median age of people living in Richford is 39 years.
The average high temperature in July is 80.1 degrees, with an average low temperature in January of 4.3 degrees. The average rainfall is approximately 39.8 inches per year, with 85.5 inches of snow per year.
