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    2 Main St Richford, VT 05476

    For Sale
    $349,000

    Multi-Family - Richford, VT

    Property size:
    4,611 SF
    Lot size:
    0.04 Acres
    Days on Market:
    85
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 2 Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential/Commercial
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    3
    EntryLevel
    Unit 1: 1,Unit 2: 2,Unit 3: 3
    Basement Y/N
    1
    Appliances
    Refrigerator
    Size
    4,611 SF
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air, Heat Pump (Heating), Oil

    Building Details

    Year built
    1920
    Floors in Building
    3
    Number of units
    3
    Flooring type
    Laminate, Wood
    Roof type
    Membrane
    Architectural style
    Other

    KW Vermont (802) 654-8500 [email protected]

    Listing agent Kassian Prior (802) 654-8500

    Listing date Sep 12, 2025

    MLS# 5061147 Listing URL

    Copyright © 2025 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Mixed-Use Investment Property

    This historic 3-story brick building, spanning 4,611 square feet, has been extensively renovated, creating a turnkey opportunity. The property features two spacious apartments and a flexible first-floor commercial space, offering both reliable income and entrepreneurial options. Renovations include updated electrical, plumbing, flooring, cosmetics, and a new heat pump installation. The apartments are currently leased, providing a steady rental stream. The first-floor commercial space has recently converted to a fully functional pizza parlor, overlooking the scenic Missisquoi River. The upper floors each feature a 2-bedroom, 1-bath apartment with new appliances and river views. The third floor also includes a large bonus room, separate from the apartment, offering added flexibility. Residents enjoy a communal laundry room, soaring ceilings, and charming original woodwork throughout. The property, situated on a 0.04-acre lot, is located in a thriving community one hour from both Burlington and Montreal, and a short ride to Jay Peak. The property is zoned for Residential/Commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richford
    County
    Franklin
    State
    Vermont
    Longitude
    -72.6720058
    Latitude
    44.9970444

    Nearby Similar for Sale

    • $125,000

      Historic Building with Flexible Space

      Three-level, steel-beamed building suitable for retail or manufacturing.
      32 River St, Richford, VT 05476
      View Details
    • $349,000
      0.04 Acres

      Turnkey Investment Property with River Views

      Historic mixed-use building with apartments and commercial space in Richford.
      2 Main St, Richford, VT 05476
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Historic, renovated mixed-use property with apartments and commercial space.
    Where is this mixed-use property located?
    The property is located at 2 Main St Richford, VT.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: - Turnkey investment property with two leased apartments providing immediate rental income.; - First-floor commercial space currently operating as a fully functional pizza parlor.; - Extensively renovated with updated electrical, plumbing, flooring, cosmetics, and new heat pump.
    (802) 654-8500
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Main St Richford, VT 05476
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