Building Details

Year Built 1903

Buildings 1

Listing Agency: Wetmore Real Estate

Listed By: John Wetmore Show Phone

Source: Bigislandre

Added: Aug 19 Changed: Sep 3 Last Checked: Sep 2 at 8:02PM

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Investment Insights

Based on property information with market context.

This 4,020-square-foot multifamily property dates to 1903 and offers a substantial residential layout across three levels. The main residence includes an enclosed entry porch, mudroom, kitchen area, dining room, living room, primary bedroom with ensuite bath, three potential second-floor bedrooms, and a three-quarter bath. Two additional rooms occupy a partially finished third floor. A separate side entrance leads to a potential auxiliary dwelling arranged across three levels with seven rooms, all requiring renovation. The kitchen area and several bathrooms also remain unfinished, providing an opportunity to complete the interior according to a new owner's plan.

The property sits above South Royalton, a small college town in Vermont, with access from a level parking area. Existing improvements include a newer roof, substantially updated electrical service, and an updated septic system. Original period details include wood floors, nine-foot ceilings, wainscoting, and ornate stair components.

Key Highlights

• 4,020‑square‑foot multifamily property built in 1903
• Main residence spans three levels with multiple bedrooms and common living areas
• Potential auxiliary dwelling includes 7 rooms on 3 levels

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Auto Parts Store Grocery & Convenience Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

108

Businesses Nearby

Explore this area Business Placement

Demographics for 05068, VT

3,172

Population

1,707

Households

1.9

Avg Household Size

44

Median Age

43%

College-Educated

96%

High-School Grad

59.4 sq mi

ZIP Area

53

Density / Sq Mi

$81,607

Median Household Income

$46,635

Median Earnings

$1,129

Median Rent

$239,900

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Circa-1903 property with expansive interiors, a partially finished auxiliary living area, and updated major systems.

Where is this multifamily property located?

The property is located at 28 Fairview Terrace Royalton, VT.

What is the asking price?

The asking price for this property is $529,000.

What are key features of this property?

This property features: 4,020‑square‑foot multifamily property built in 1903; Main residence spans three levels with multiple bedrooms and common living areas; Potential auxiliary dwelling includes 7 rooms on 3 levels