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Listed by Betsy Adamovich • Real Broker LLC
$ 299,000
Est. payment /mo
Price Dropped by $10K
989-1009 Middle Pownal RD Pownal, VT 05261
5 Beds
4 Baths
2,248 SqFt
UPDATED:
11/15/2024 08:24 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,248 sqft
Price per Sqft $133
MLS Listing ID 5016365
Bedrooms 5
Full Baths 4
Construction Status Existing
Year Built 1970
Lot Size 0.430 Acres
Acres 0.43
Property Description
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.
Location
State VT
County Vt-bennington
Area Vt-Bennington
Zoning RR1 (rural residential 1)
Interior
Heating Gas - LP/Bottle, Oil
Cooling None
Exterior
Utilities Available Cable - Available, Gas - LP/Bottle
Roof Type Shingle
Building
Story 2
Foundation Concrete
Sewer On-Site Septic Exists
Construction Status Existing
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