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Listed by Steve Rocheleau of Rocheleau Realty Associates of Vermont
Incredible Investment Property - Turn Key operation, fully rented with very long term tenants and a great 7.25% cap rate. Annual net $40,000. Great location, walking distance from Swanton's Beautiful Village Park. There are 3 two-bedroom and 3 one-bedroom apartments. Parking on site. Some of the tenants have been here for over a decade. Rents are at market and things are running smoothly with almost no vacancy (Owner did leave one unit vacant during COVID for obvious reasons). Property is fully occupied and tenants are all current. Take over this well managed property and start building equity for your retirement.

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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated September 25, 2021.

 

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