989-1009 Middle Pownal RoadPownal, VT 05261MLS Number 5016365

Price: $325,000
Est. Mortgage of $/month
17 Days on Market

Welcome to 989-1009 Middle Pownal Road-a true gem with fantastic income potential in a gorgeous setting! This rare 4-unit multifamily property includes a charming stand-alone 1-bedroom, 1-bathroom cottage, occupied by a long-term tenant, and a well-maintained 3-unit building. The spacious 2-bedroom, 1-bathroom top-floor unit is under an annual lease, while the two fully furnished 1-bedroom, 1-bathroom units on the lower level have been a hit with traveling nurses. These furnished units are currently vacant to make the sale process smooth and stress-free! The main building has had some major upgrades, including a new roof and windows in the last 5-7 years, a new septic tank (2021), a water heater (2022), and a brand-new furnace. The deck has been beautifully rebuilt, and the well was drilled 250 ft deeper with a new pump and filtration system. One of the stoves and refrigerators in the furnished units has also been replaced-talk about move-in ready! While the cottage could use a little TLC, the main building is in top-notch condition and ready to keep earning! Sited in the scenic town of Pownal, you're just minutes from outdoor fun and cultural hotspots like Bennington and Williamstown. This is a rare opportunity to snag a solid investment in a desirable area.

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Basic Information

StatusACT
List Price$325,000
Date Price Change09/27/2024
MLS Number5016365
MLS StatusActive

Property

Acreage0.43
Parking Spaces
Square Feet2,248
APX Fin AG Sqft2,248
RoadsPaved, Public

Amenities

PricePerSqFt144.57

Other

Seasonal Y/NNo
TrashCurbside, Recycle
Date Listed09/27/2024
Unit 1 Deposit$1,100
Unit 2 Rent Amount$1,200
Unit 3 Rent Amount$1,200
Unit 4 Rent amount$490
View Count2

Location

TownPownal
StateVT
Zip05261
CountyBennington
ZoningRR1 (rural residential 1)
Flood Zone Y/NUnknown

Exterior

RoofShingle

Utilities

Heat FuelGas - LP/Bottle, Oil
Heat SystemBaseboard, Gas Heater - Vented
ElectricCircuit Breaker(s)
SewerOn-Site Septic Exists
UtilitiesCable - Available, Gas - LP/Bottle

Building

Year Built1970
Units4
Unit 1 Bath1
Unit 1 Bedrooms2
Unit 1 Floor Location2
Unit 2 Bath1
Unit 2 Bedrooms1
Unit 2 Floor Location1
Unit 3 Bath1
Unit 3 Bedrooms1
Unit 3 Floor Location1
Unit 4 Bath1
# of 1 Bedrooms3
# of 2 Bedrooms1
FoundationConcrete

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 October 13, 2024 7:53 PM EDT

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989-1009 Middle Pownal RoadPownal, VT 05261MLS Number 5016365

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