Putney, VT | 601 River Road

$349,000
MLS#: 5010024
4
# of Units
3,438
Total Sq. Feet
1.20
Acres
$4,700
Taxes
1 of 11

General Property Information

Price:
$349,000
County:
VT-Windham
Acres:
1.20
Property Type:
Multi-Family
Property Status:
Active
# of Units:
4
Agency/Brokerage:
Chris Long
BHG Masiello Keene

4-unit income property in an ideal location situated next to an operating farm with huge corn and other crop fields surrounding the parcel and very few neighbors. The 1.2 acres are all open and offer plenty of garden spots and outdoor recreation/activities for its tenants. Beautiful views out over the farm fields and an overall relaxed country living feel to this spot. Close to the CT River. The building is in good overall condition and is completely sprinkled!! Heat and Electric are included in the rents. With a Net income of over $35,000 per year, this is a tremendous opportunity to own a solid investment property with a CAP rate of 10 OR could be a great owner-occupied dwelling with fantastic income to offset the acquisition and ongoing costs because the 2-bedroom upstairs unit is vacant at present. Only minutes to Putney village yet total country living on a paved road. Very unique property and location. Can also be purchased as part of a three property package with 11 total units.

Features

Property Type:
Multi-Family
# of Units:4
Subdivision Name:
Year Built:
1900
Parking:
Road Frontage:
500
Acres:1.20
Gross Income:
60,000
Annual Expenses:
0
# of Gas Meters:
# of Electric Meters:
2
Sq Ft (Above Ground):
3438
Sq Ft (Below Ground):
0
Total Sq Ft:
3438
Land Description:Agricultural,Corner,Country Setting,Level,Open
Elementary School:
Middle School:
High School:
Financing Details:
Documents Available:

Unit Information

Unit 1

#Rooms:
0
#Bedrooms:
3
#Baths:
1
Sq. Ft.:
0
Floor:
101
Unit Style:
Monthly Rent:
1800.00

Unit 2

#Rooms:
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
0
Floor:
102
Unit Style:
Monthly Rent:
1100.00

Unit 3

#Rooms:
#Bedrooms:
#Baths:
1
Sq. Ft.:
0
Floor:
201
Unit Style:
Monthly Rent:
800.00

Unit 4

#Rooms:
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
Floor:
202
Unit Style:
Monthly Rent:
1300.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-08-16
Last Updated:
2024-08-16 13:39:08

Stowe Office

Joni Gaines

(P) 802.253.9771
(F) 802.253.9993
email

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