Excellent Income Opportunity in the Heart of Swanton! This distinctive property offers three 3-bedroom apartments plus a flexible first-floor space ideal for business, office, storage use, or transformed into another apartment, possibly two with permitting. The first floor and basement have had recent structural support upgrades, old electrical service has been replaced with new service, giving peace of mind for the next owner. Off the side street, youâ??ll find two one-car garages with extra tool space - perfect for storage or hobbies. The buildingâ??s unique style features a second-level covered porch with classic columns and decorative bracket trim, adding charm and curb appeal. Each apartment has both front and back entries for convenience and privacy. The location couldnâ??t be better: situated on a main route in the Village of Swanton, near local amenities with high visibility for business opportunities, there is a good possibility for extra income from storefront. Whether youâ??re looking for an investment with strong rental income, a live-and-work setup, or a chance to create something new, this versatile property delivers. Sold as is.
Three Homes in one! Incredible opportunity for house hackers, investors, or homesteaders. This 11.85-acre property, zoned R1 with 1-acre lot minimum for subdivision potential, offers over 3,300 sqft living space across 3 units - each with its own electric meter, first-floor laundry, and updates. Reliable tenants in the back house & side apt are happy to continue renting. Two units feature cozy pellet stove backups. Side apt converted garage lounge adds a flexible hangout space, and tall concrete basement in the front house offers workspace & storage. With woods and level pasture, this land is perfect for a hobby farm, horses, or a hunting/gathering lifestyle. It borders a Wildlife Sanctuary for privacy, views, and visits from woodland friends. Includes over 1,400 feet of road frontage, 2 driveways, 2 sheds, garden space, garage, and gazebo. Down the road is Lake Champlain, minutes to St. Albans, Swanton Village amenities, and the Canadian border - only 1 hour to Montreal & 40 minutes to Burlington. Property is ideally positioned to capture strong rental demand in a high-traffic vacation and outdoor adventure destination. Owners have made many improvements, including a renovated 1st floor in the main house. There are three additional rooms in front house, one is plumbed for a bathroom, offering potential for a 4th unit or larger owner quarters. Other features include newer roof, vinyl siding, knotty pine walls, updated electric, and some finishing materials. Motivated sellers.
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.