Pownal, VT | 989-1009 Middle Pownal Road

$285,000
MLS#: 5016365
4
# of Units
2,248
Total Sq. Feet
0.43
Acres
$0
Taxes
1 of 32

General Property Information

Price:
$285,000
County:
VT-Bennington
Acres:
0.43
Property Type:
Multi-Family
Property Status:
Active
# of Units:
4
Agency/Brokerage:
Betsy Adamovich
Real Broker LLC

Welcome to 989-1009 Middle Pownal Road—a true gem with fantastic income potential in a gorgeous setting! This rare 4-unit multifamily property includes a charming stand-alone 1-bedroom, 1-bathroom cottage, occupied by a long-term tenant, and a well-maintained 3-unit building. The spacious 2-bedroom, 1-bathroom top-floor unit is under an annual lease, while the two fully furnished 1-bedroom, 1-bathroom units on the lower level have been a hit with traveling nurses. These furnished units are currently vacant to make the sale process smooth and stress-free! The main building has had some major upgrades, including a new roof and windows in the last 5-7 years, a new septic tank (2021), a water heater (2022), and a brand-new furnace. The deck has been beautifully rebuilt, and the well was drilled 250 ft deeper with a new pump and filtration system. One of the stoves and refrigerators in the furnished units has also been replaced—talk about move-in ready! While the cottage could use a little TLC, the main building is in top-notch condition and ready to keep earning! Sited in the scenic town of Pownal, you’re just minutes from outdoor fun and cultural hotspots like Bennington and Williamstown. This is a rare opportunity to snag a solid investment in a desirable area.

Features

Property Type:
Multi-Family
# of Units:4
Subdivision Name:
Year Built:
1970
Parking:
Road Frontage:
0
Acres:0.43
Gross Income:
0
Annual Expenses:
0
# of Gas Meters:
# of Electric Meters:
4
Sq Ft (Above Ground):
2248
Sq Ft (Below Ground):
0
Total Sq Ft:
2248
Land Description:Mountain View,Open,View
Elementary School:
Middle School:
High School:
Financing Details:
Documents Available:

Unit Information

Unit 1

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

Unit 2

#Rooms:
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
0
Floor:
1
Unit Style:
Monthly Rent:
1200.00

Unit 3

#Rooms:
#Bedrooms:
#Baths:
1
Sq. Ft.:
0
Floor:
1
Unit Style:
Monthly Rent:
1200.00

Unit 4

#Rooms:
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
Floor:
Unit Style:
Monthly Rent:
490.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-09-27
Last Updated:
2025-01-06 21:21:33

Stowe Village Office

George Bambara

(P) 802.253.1806
(F) 802.253.9993
email

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