$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
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DESCRIPTION
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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
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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
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UNIT 3 INFORMATION
Beds: 1 Baths: 1 Level: 201 Rent : 900.00 Monthly Lease Term : Annual Signed Lease : Yes Status : Leased
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UNIT 4 INFORMATION
Beds: 2 Baths: 1 Level: 202 Tenant Pays : Internet Service,TV Service Rent : 1200.00 Monthly Lease Term : Annual Status : Vacant
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CONSTRUCTION
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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 |
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Style: Farmhouse Roof: Metal | Shingle - Asphalt Water: Drilled Well | On-Site Well Exists Sewer: On-Site Septic Exists | Private Seasonal: No
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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
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PROPERTY INFORMATION
Taxes $6,635 | Assesed Value $337,800 in 2024
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AREA INFORMATION
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