Swanton, VT | 123 Lake Street

$579,000
MLS#: 5055086
3
# of Units
2,632
Total Sq. Feet
11.85
Acres
$6,081
Taxes
1 of 27

General Property Information

Price:
$579,000
County:
VT-Franklin
Acres:
11.85
Property Type:
Multi-Family
Property Status:
Active
# of Units:
3
Agency/Brokerage:
Tami Lantz
Sherwood Real Estate

Incredible opportunity for house hackers, investors, or homesteaders! This 11.85-acre property, zoned R1 with 1-acre lot minimum, offers over 3,300 sq ft of measured living space across 3 spacious, occupied units - each with its own electric meter, first-floor laundry, and many updates. Reliable tenants are happy to stay if desired. Two units feature cozy pellet stove backups. The converted garage lounge adds a flexible hangout space, and the tall concrete basement offers great workspace or storage. With woods and level pasture, this land is perfect for a hobby farm, horses, or a hunting/gathering lifestyle. It borders a Wildlife Sanctuary for privacy, views, and visits from local wildlife. Enjoy over 1,400 feet of road frontage, 2 driveways, 2 sheds, garden space, and a gazebo. Just down the road from Lake Champlain, minutes to St. Albans, Swanton Village amenities, and the Canadian border - only 1 hour to Montreal and 40 minutes to Burlington. This property is ideally positioned to capture strong rental demand in a high-traffic vacation and outdoor adventure destination. Owners have made many improvements, including a renovated 1st floor in the main house and three 3rd-floor rooms, one of which is plumbed for a bathroom - offering potential for a 4th unit or addition to owner quarters. Other features include newer roof, vinyl siding, knotty pine walls, updated electric, and some finishing materials included.

Features

Property Type:
Multi-Family
# of Units:3
Subdivision Name:
Year Built:
1977
Parking:
Road Frontage:
1414
Acres:11.85
Gross Income:
31,800
Annual Expenses:
0
# of Gas Meters:
# of Electric Meters:
3
Sq Ft (Above Ground):
2632
Sq Ft (Below Ground):
0
Total Sq Ft:
2632
Land Description:Country Setting,Horse/Animal Farm,Field/Pasture,Landscaped,Level,Major Road Frontage,Recreational,View,Wooded,Near Shopping,Near Hospital,Near ATV Trail
Elementary School:
Swanton School
Middle School:
Swanton School
High School:
Missisquoi Valley UHSD #7
Financing Details:
Documents Available:

Unit Information

Unit 1

#Rooms:
8
#Bedrooms:
3
#Baths:
2
Sq. Ft.:
1468
Floor:
Unit Style:
Monthly Rent:
0.00

Unit 2

#Rooms:
6
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
1130
Floor:
Unit Style:
Monthly Rent:
1600.00

Unit 3

#Rooms:
3
#Bedrooms:
3
#Baths:
1
Sq. Ft.:
709
Floor:
Unit Style:
Monthly Rent:
1050.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2025-08-04
Last Updated:

Stowe Village Office

Teresa Merelman

(P) 802.253.1806
(F) 802.253.1807
email

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