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.
Swanton is located in Vermont. Swanton, Vermont has a population of 6,724. Swanton is less family-centric than the surrounding county with 23.36% of the households containing married families with children. The county average for households married with children is 28.56%.
The median household income in Swanton, Vermont is $68,294. 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 Swanton is 43.4 years.
The average high temperature in July is 79.7 degrees, with an average low temperature in January of 7.5 degrees. The average rainfall is approximately 37.3 inches per year, with 72.4 inches of snow per year.
