Opportunity is knocking at 23 Spring Street! Situated on a beautiful ½-acre lot on one of the area's most desirable streets, this charming property offers endless possibilities for homeowners, investors, or those looking to offset their mortgage with rental income. Currently used as a spacious single-family home, this property was previously configured as a two-unit and could easily be converted back with minimal interior modifications. Live comfortably in one unit while renting the other to help pay your mortgage, build equity, or create a multigenerational living arrangement. The possibilities don't stop there. The oversized detached garage offers tremendous potential for storage, a workshop, hobby space, or future conversion (buyer to verify all approvals with the municipality). Whether you're looking for additional income potential or simply need extra space, this property provides options that are hard to find. The home is full of character and charm, featuring a welcoming covered front porch, large sun-filled windows that fill the home with natural light, and a metal roof for added peace of mind. Outside, the expansive yard provides plenty of room for gardens, outdoor entertaining, pets, or simply enjoying Vermont's beautiful seasons. It's the kind of neighborhood where you'll love taking evening walks, riding bikes, and creating lasting memories. This home is ready for its next chapter. Whether you're searching for a forever family home, an income-producing property, or an investment with room to grow, 23 Spring Street offers a rare combination of flexibility, location, and opportunity. Bring your vision and make this special property your own.
Rare mixed-use investment opportunity featuring three income-producing units across two separate buildings. Whether you're an investor looking to expand your portfolio, an entrepreneur seeking a versatile property, or an owner-occupant looking to offset your mortgage, this property offers flexibility and multiple income opportunities. The property includes a detached approximately 1,800-square-foot commercial building currently leased to and occupied by an established daycare tenant, providing consistent commercial rental income, along with a front duplex offering two 2-bedroom, 1-bath apartments totaling 1,648 square feet. Significant renovations were completed to the commercial building in 2024, enhancing its functionality and appeal. Featuring an open floor plan, two bathrooms, and storage areas, the space offers flexibility for a variety of commercial uses, subject to local approvals. Current lease information and income figures are available upon request. Both residential units feature practical layouts that support residential rental use and provide consistent rental income. With two residential units and an established commercial tenant under one ownership, this property presents a unique opportunity in the heart of Swanton. Opportunities combining residential and commercial revenue potential are rarely available.
Three homes in one! Incredible opportunity for house hackers, investors, and homesteaders. This extraordinary 11.85-acre property, zoned R1 (minimum 1-acre lots) for HUD/subdivision potential, offers over 3,500 sqft living space across 3 units - each with its own electric meter and 1st floor bedroom, bath, & laundry. Reliable M2M tenants in the back house & side apt - bringing in $3,471/month. Owners occupy the expansive front apt, and they plan to move upon property transfer, providing the opportunity for new owners to move right into the large unit with clean, concrete basement, which is a great workspace during the winter months. Two front units feature pellet stoves as cozy backup heating. Oil heat is primary for all. With woods and level pasture, this large lot of land is perfect for a hobby farming, horses, or a hunting/gathering lifestyle. It borders a Wildlife Sanctuary for privacy, views, and woodland friends. Includes over 1,400 feet of road frontage, 2 driveways, 2 garages, shed, garden space, and gazebo. Located a stone-throw to Lake Champlain for boating and fishing. Only a few minutes to Swanton Village amenities, St. Albans City, & the Canadian border at Quebec. 1 hour to Montreal & 40 minutes to Burlington. Property is ideally positioned to capture strong rental demand in a high-traffic, quintessential New England vacation and outdoor adventure destination. Owners have made many improvements, including a renovated 1st floor in the main house. There are three additional unfinished 3rd floor rooms in the "attic" of the front apt - one plumbed for a bathroom - offering potential for a 4th unit or larger owner quarters. *Newer features* - roof, vinyl siding, knotty pine walls, updated electric, trim & paint. 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.
