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Courtesy of Chris Long of BHG Masiello Brattleboro: .

601 River Road

Putney, VT 05346
  • $349,000
  • STATUS: Active Under Contract
  • ON SITE: 55 Days
  • MLS #: 5010024
Under Contract
UPDATED: 36 min ago
$349,000
  • 8
    BEDS
  • 1.2
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,438
    SQFT
  • $102
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Description

4-unit income property in an ideal location situated next to an operating farm with huge corn and other crop fields surrounding the parcel and very few neighbors. The 1.2 acres are all open and offer plenty of garden spots and outdoor recreation/activities for its tenants. Beautiful views out over the farm fields and an overall relaxed country living feel to this spot. Close to the CT River. The building is in good overall condition and is completely sprinkled!! Heat and Electric are included in the rents. With a Net income of over $35,000 per year, this is a tremendous opportunity to own a solid investment property with a CAP rate of 10 OR could be a great owner-occupied dwelling with fantastic income to offset the acquisition and ongoing costs because the 2-bedroom upstairs unit is vacant at present. Only minutes to Putney village yet total country living on a paved road. Very unique property and location. Can also be purchased as part of a three property package with 11 total units.

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© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 2024-10-11T07:06:48.107.
www.mcguirkproperties.com/homes/153731868
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601 River Road Putney, VT 05346

  • Price: $349,000
  • Status: Active Under Contract
  • On Site: 55 Days
  • Updated: 36 min ago
  • MLS #: 5010024
8
Beds
4
Baths
0
½ Baths
1.2
Acres
3,438
SQFT
$102
$/SQFT
1900
Built
County:
Windham
Area:
Putney
Property Description
4-unit income property in an ideal location situated next to an operating farm with huge corn and other crop fields surrounding the parcel and very few neighbors. The 1.2 acres are all open and offer plenty of garden spots and outdoor recreation/activities for its tenants. Beautiful views out over the farm fields and an overall relaxed country living feel to this spot. Close to the CT River. The building is in good overall condition and is completely sprinkled!! Heat and Electric are included in the rents. With a Net income of over $35,000 per year, this is a tremendous opportunity to own a solid investment property with a CAP rate of 10 OR could be a great owner-occupied dwelling with fantastic income to offset the acquisition and ongoing costs because the 2-bedroom upstairs unit is vacant at present. Only minutes to Putney village yet total country living on a paved road. Very unique property and location. Can also be purchased as part of a three property package with 11 total units.
Exterior Features

Architectural Style Farmhouse Area Description Abuts ConservationRuralValleyNear Public TransportatnNear Railroad Color Yellow Construction Materials Post and BeamWood Frame Driveway Gravel Has Garage No Lot Features AgriculturalCornerCountry SettingLevelOpen Road Frontage Yes Road Frontage Length 500 Roads PavedPublic Roof MetalShingle - Asphalt

Interior Features

Basement Access Type Walk-up Basement Description BulkheadExterior Access Cooling Individual Foundation ConcreteFieldstone Has Basement Yes Heating BaseboardHot Water Total Heated Units 1 Total Ranges 4 Total Refrigerators 4 Total Water Heaters 4 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1

Property Features

Assessment Year 2024 Construction Status Existing Electric 150 AmpCircuit Breaker(s) Flood Zone Unknown Foreclosed / Bank Owned / REO No Gross Income 60000 Heat Fuel Oil Pre Construction No Seasonal No Separate Utilities No Sewer On-Site Septic ExistsPrivate Tax Gross Amount 4699.78 Tax Year 2024 Taxes Tbd No Total Electric Meters 2 Total Leases 4 Total1 Bed Units 1 Total2 Bed Units 2 Total3 Plus Bed Units 1 Unit1 Rental Amount 1800 Unit1 Tenant Pays Internet ServiceTV Service Unit2 Rental Amount 1100 Unit2 Tenant Pays Internet ServiceTrashTV Service Unit3 Rental Amount 800 Unit4 Rental Amount 1300 Unit4 Tenant Pays Internet ServiceTV Service Utilities Cable - At SiteMulti Phone LinesTelephone At Site Water Source Drilled WellOn-Site Well Exists Zoning RES

Courtesy of Chris Long of BHG Masiello Brattleboro: .


© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 2024-10-11T07:06:48.107.
 
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