989-1009 Middle Pownal Road Pownal, VT

$299,000
Beds 5
Square Footage 2,248
Acres 0.43
Photo of 989-1009 Middle Pownal Road Pownal VT 05261




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.


Listed by Real Broker LLC, Betsy Adamovich

Details

MLS 5016365
Price $299,000
Status Active
DOM 78 days
Type Multi-Family
Style Multi-Family
Beds 5
Square Feet 2,248 sqft
Lot Size 0.43 acres
Year Built 1970

Lot & Building Features

Utilities Cable - Available, Gas - LP/Bottle
Construction Wood Frame
Cooling None
Heating Baseboard, Gas Heater - Vented
Sewer On-Site Septic Exists
Water Drilled Well
Foundation Concrete
Lot Description Mountain View, View, Open
Roof Shingle
Garage No

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Lease Term Annual
Unit 1 Level Number 2
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1100.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Leased
Unit 1 Tenant Pays Electric, Internet Service
Unit 2 Baths 1
Unit 2 Bedrooms 1
Unit 2 Level Number 1
Unit 2 Rental Amount 1200.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Vacant
Unit 3 Baths 1
Unit 3 Bedrooms 1
Unit 3 Level Number 1
Unit 3 Rental Amount 1200.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Status Vacant
Unit 4 Baths 1
Unit 4 Bedrooms 1
Unit 4 Rental Amount 490.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Status Month to Month
Unit 4 Tenant Pays Electric, Hot Water, Heat

Map

Get Directions

Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


Browse By Area