1295 & 1297 Route 149 Pawlet, VT 05761
Multi-Family - Pawlet, VT
Property size:
4,231 SFLot size:
0.46 AcresPrice / SF:
$177/SF- Added:
- Jan 19, 2026
- Days on Market:
- 108
- Last Refresh:
- May 7 at 7:06 pm
Property Features for 1295 & 1297 Route 149
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Mixed Use
- Bedrooms
- 7
- Bathrooms
- 7
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Basement Y/N
- 1
- Appliances
- Range, Refrigerator
- Standard status
- Active
- Size
- 4,231 SF
- Lot size
- 0.46 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5600
Utilities
- Heating system
- Baseboard, Hot Water (Heating), Oil
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 7
- Flooring type
- Carpet, Laminate, Tile, Vinyl
- Roof type
- Metal, Shingle, Slate
- Architectural style
- Other
Listing agent Melissa Loughan (802) 438-5341
Listing office Westside Real Estate 98 Pine Hill Road, West Rutland, VT (802) 438-5341
Listing date Jan 19, 2026
MLS# 5074393
Listing URL
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Significant annual net rental income of $66,200.
- New roof and totally renovated 4‑unit building at 1297 Route 149.
- Two buildings included: a 3‑unit building (1295 Route 149) and a 4‑unit building (1297 Route 149).
- Each apartment has its own forced hot air furnace and electric hot water heaters (1295 Route 149).
- Opportunity to connect to public sewer in the future.
- Blown‑in insulation for energy efficiency.
Overview
Multi-Family Investment Opportunity
Located in West Pawlet, these two properties offer significant rental income. The annual net income is $66,200, with potential for higher rental income in the next 3 years. Heat is included in all apartments. The property at 1295 Route 149 is a 3-unit building featuring two 1-bedroom apartments and one 2-bedroom apartment. Each apartment has its own forced hot air furnace and electric hot water heaters. The property at 1297 Route 149, totaling 4231 square feet, is in a 5-year low-income program with approximately 3 years remaining. It consists of four 1-bedroom apartments and has a new roof and total renovation. The buildings feature blown-in insulation. Water is supplied by village water from Granville, NY. A propane boiler provides domestic hot water. Each building has a conventional septic system, with the potential to connect to public sewer in the future. The properties are situated on a 0.46-acre lot and are located near Granville, NY, as the last two houses in Vermont on the left. The property is zoned for mixed use.
Location Intelligence
Current Use by Public Records
Apartment buildings
Map
- City
- Pawlet
- County
- Rutland
- State
- Vermont
- Longitude
- -73.1349
- Latitude
- 43.358
FAQs
What type of property is this?
Apartment building - Two multi-family properties with significant rental income potential.
Where is this apartment building located?
The property is located at 1295 & 1297 Route 149 Pawlet, VT.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Significant annual net rental income of $66,200.; New roof and totally renovated 4‑unit building at 1297 Route 149.; Two buildings included: a 3‑unit building (1295 Route 149) and a 4‑unit building (1297 Route 149).
