Listing courtesy of Sherry Corbeil, M Realty 802-363-9501
71 1st Street, Swanton, VT, 05488
4 beds
2 Full baths
1890
Apartment Building, Duplex
2,324 sqft
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.
Status:
Active
Type:
Multi-family
Units:
3
Zoning:
Commercial/Residential
Frontage:
100
Heating:
Natural Gas, Baseboard, Hot Air
Cooling:
None
Basement:
Crawl Space, Dirt Floor
Acreage:
0.25
Est. Taxes:
$7,029
Lot Description:
Level,Neighbor Business
Elementary School:
Highgate Elementary School
Middle School:
Missisquoi Valley Union Jshs
High School:
Missisquoi Valley UHSD #7
MLS #:
5095835