$349,000 $102 per sq.ft. Putney VT »

Number of Units 4   Total Sq. Ft. 3438  |  Acres: 1.2
Under Contract List Date Friday Aug 16, 2024
Description: 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. See MLS Property & Listing Details & 11 images.