List Price: $325,000 | $145 per sq.ft. Multi Family A 4 Unit Multi Family Home
With 3 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Friday Sep 27, 2024 | MLS# 5016365
With 3 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Friday Sep 27, 2024 | MLS# 5016365
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Unit A
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Unit C
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Unit A Deck
To see this Listing
Address: 989-1009 Middle Pownal Road Pownal VT
Listed by Betsy Adamovich Real Broker LLC
Description:
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.
Annual Expenses
Taxes: $0
Taxes: $0
Income
UNIT 1 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
Level: 2
Tenant Pays : Electric,Internet Service
Rent : 1100.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 2 INFORMATION
Beds: 1
Baths: 1
Rooms: 0
Level: 1
Rent : 1200.00 Monthly
Status : Vacant
UNIT 3 INFORMATION
Beds: 1
Baths: 1
Level: 1
Rent : 1200.00 Monthly
Status : Vacant
UNIT 4 INFORMATION
Beds: 1
Baths: 1
Tenant Pays : Electric,Heat,Hot Water
Rent : 490.00 Monthly
Status : Month to Month
Construction: Wood Frame
Year Built: 1970
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 2248
Above Grade Sq.Ft.: 2248
Foundation: Concrete
Year Built: 1970
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 2248
Above Grade Sq.Ft.: 2248
Foundation: Concrete
Roof: Shingle
Seasonal: No
Seasonal: No
Heating: Baseboard | Gas Heater - Vented
Cooling: None
HeatFuel: Gas - LP/Bottle | Oil
Electric: Circuit Breaker(s)
Trash: Curbside | Recycle
Utilities: Cable - Available | Gas - LP/Bottle
Electric Meters: 4
Water: Drilled Well
Sewer: On-Site Septic Exists
Cooling: None
HeatFuel: Gas - LP/Bottle | Oil
Electric: Circuit Breaker(s)
Trash: Curbside | Recycle
Utilities: Cable - Available | Gas - LP/Bottle
Electric Meters: 4
Water: Drilled Well
Sewer: On-Site Septic Exists
Land Information
Mountain View | Open | View
Lot size: 0.43 acres
Zoned: RR1 (rural residential 1))
Surveyed: Unk
Flood Zone: Unknown
Roads: Paved | Public
Driveway: Gravel
Mountain View | Open | View
Lot size: 0.43 acres
Zoned: RR1 (rural residential 1))
Surveyed: Unk
Flood Zone: Unknown
Roads: Paved | Public
Driveway: Gravel
Additional Information
Taxes $0
Assesed Value Not Reported
Taxes $0
Assesed Value Not Reported
Schools
