List Price: $899,000 | $486 per sq.ft. Multi Family
Price Change! Reduced by $66,000 down 7% on November 18th 2024
A 2 Unit Multi Family Home
With 2 One Bedroom Units , 0 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Thursday Dec 7, 2023 | MLS# 4979684


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Address: 46 & 58 Riverview Street Ferrisburgh VT
Listed by Kieran Donnelly Coldwell Banker Hickok and Boardman
Description:
Experience the best of waterfront living with this exceptional property nestled on the banks of Otter Creek with direct access to Lake Champlain. This unique property boasts not just one, but two charming homes, offering a rare opportunity to live in one while capitalizing on rental income from the other. The main home features breathtaking views of the creek and the surrounding natural landscape. Open concept living spaces offer a comfortable and inviting living environment. Outside, the private deck and patio are perfect for enjoying the tranquil waterfront setting or entertaining guests. Adjacent to the main residence, the second home presents a fantastic opportunity for generating rental income or accommodating guests. This standalone property offers privacy and independence, complete with its own living spaces, kitchen, and bedroom. Whether leased out seasonally or on a long-term basis, this second home presents a versatile opportunity to offset ownership costs or simply share the beauty of the location with others. The property's direct access to Lake Champlain opens up a world of recreational possibilities, from boating and water sports to fishing. Located approximately 15ft. above the serene Otter Creek, providing an idyllic backdrop for kayaking, birdwatching, or simply unwinding by the water's edge. This unique two home property is the epitome of peaceful waterfront living, and is even further enhanced by the alluring potential for rental income.
Annual Expenses

Taxes: $5,323
Income
Appliances : Water Heater – Electric | Water Heater – Owned | Water Heater – Tank
UNIT 1 INFORMATION
Beds: 1
Baths: 2
Rooms: 0
UNIT 2 INFORMATION
Beds: 1
Baths: 2
Rooms: 0
Construction: Wood Frame | Vinyl Siding
Year Built: 2021
Style: Ranch
Floors | Stories: 1
No. Elevators:
Total Sq.Ft. Finished: 1848
Above Grade Sq.Ft.: 1848
Foundation: Concrete
Exterior Features:
Deck | Porch - Screened | Private Dock
Roof: Shingle
Garage And Parking: Attached
Seasonal: No
Heating: Electric | Heat Pump
Cooling: Mini Split
Electric: Circuit Breaker(s)
Utilities: Cable - Available
Electric Meters:
Water: Public
Sewer: On-Site Septic Exists
Land Information
Country Setting | Waterfront | Near Golf Course
Lot size: 0.5 acres
Zoned: Residential)
Surveyed: Yes
SurveyedBy: Unknown
Flood Zone: No
Roads: Gravel | Private Road | Shared | Easement | Privately Maintained
Road Frontage: 100
Driveway: Gravel
Additional Information
ROW Length: 100
ROW Width: 15
Taxes $5,323
Assesed Value Not Reported
Schools

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Copyright © 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 21st, 2024

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