123 Lake St Swanton, VT 05488
11.85-acre property with three homes, subdivision potential, and rental income.
Lot size:
11.85 AcresProperty Features for 123 Lake St
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 11.85 Acres
Building Details
- Year built
- 1977
Source:
Elliman
Listing Agent: Tami Lantz
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Three Homes on 11.85 Acres
This 11.85-acre property features three homes, offering over 3,500 sqft of living space. Zoned R1 with subdivision potential, the property includes three units, each equipped with its own electric meter, a first-floor bedroom, a bathroom, and laundry facilities. The back house and side apartment have tenants. The expansive front apartment is suitable for owner occupancy and includes a clean concrete basement for workspace and storage. Two front units have pellet stoves as backup heating, while oil heat serves as the primary source for all units. The land, comprising woods and level pasture, is suitable for a hobby farm, horses, or hunting. It borders a Wildlife Sanctuary, providing privacy and views. The property includes over 1,400 feet of road frontage and two driveways, along with a shed, garden space, gazebo, and two garages—one plumbed for a bathroom and featuring an upstairs bonus room. Located near Lake Champlain, the property is close to Swanton Village amenities, St. Albans City, and the Canadian border. The front apartment has three unfinished third-floor "attic" rooms, one plumbed for a bathroom, offering potential for a fourth unit or larger owner quarters. Newer features include a roof, vinyl siding, knotty pine walls, updated electric, trim, and paint.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Swanton
- County
- Franklin
- State
- Vermont
- Longitude
- -73.1386193
- Latitude
- 44.921454
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FAQs
What type of property is this?
Multifamily property - 11.85-acre property with three homes, subdivision potential, and rental income.
Where is this multifamily property located?
The property is located at 123 Lake St Swanton, VT.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: - Three separate living units with individual electric meters, each featuring a 1st-floor bedroom, bath, and laundry, providing immediate rental income potential.; - 11.85-acre property zoned R1 with subdivision potential and over 1,400 feet of road frontage.; - Prime location bordering a Wildlife Sanctuary, offering privacy, views, and recreational opportunities.
