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$349,000 | $102 per sq.ft. Under Contract A 4  Unit Multi Family Home, in Putney VT With 1 - One Bedroom Units | 2 - Two Bedroom Units | 1 - Three Bedroom Units MLS# 5030239




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Listed by Chris Long BHG Masiello Brattleboro on February 25th 2025
601 River Road Putney VT 05346


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 2 units are vacant at present. Only minutes to Putney village yet total country living on a paved road. Very unique property and location.
Gross Income : $60000
Net Income: $
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UNIT 1 INFORMATION
Beds: 3
Baths: 1
Rooms: 0
Level: 101
Tenant Pays : Internet Service,TV Service
Rent : 1800.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Vacant
UNIT 2 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
Level: 102
Tenant Pays : Internet Service,Trash,TV Service
Rent : 1100.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month
UNIT 3 INFORMATION
Beds: 1
Baths: 1
Level: 201
Rent : 900.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 4 INFORMATION
Beds: 2
Baths: 1
Level: 202
Tenant Pays : Internet Service,TV Service
Rent : 1200.00 Monthly
Lease Term : Annual
Status : Vacant

CONSTRUCTION

Post and Beam | Wood Frame | Exterior Color Yellow | Year Built: 1900
No. of Floors:2
Total Sq.Ft. Finished: 3438
Above Grade Sq.Ft.: 3438
Price Per SQ.FT. 101.51
Basement: Bulkhead | Exterior Access
Foundation: Concrete | Fieldstone
Heating: Oil | Baseboard | Hot Water
Cooling: Individual
Electric: 150 Amp | Circuit Breaker(s)
Utilities: Cable - At Site | Multi Phone Lines | Telephone At Site
Electric Meters: 2
Style: Farmhouse
Roof: Metal | Shingle - Asphalt
Water: Drilled Well | On-Site Well Exists
Sewer: On-Site Septic Exists | Private
Seasonal: No
LAND LOT INFORMAITION
Lot Description: Agricultural | Corner | Country Setting | Level | Open | Abuts Conservation | Rural | Valley | Near Public Transportatn | Near Railroad
Lot size: 1.2 acres
Zoned: RES
Surveyed: No
Flood Zone: Unknown
Road Frontage: 500
Driveway: Gravel
PROPERTY INFORMATION
Taxes $6,635
 | Assesed Value $337,800 in 2024

AREA INFORMATION