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Richford,VT 05476
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,611 sqft
Price per Sqft $75
MLS Listing ID 5061147
Bedrooms 4
Full Baths 3
Construction Status Existing
Year Built 1920
Annual Tax Amount $3,086
Tax Year 2025
Lot Size 1,742 Sqft
Acres 0.04
Property Description
Welcome to this exceptional, exciting and diversified investment property! This historic 3-story brick building spans 4,611 square feet and has been extensively renovated by the current owner, creating a true turnkey opportunity. Featuring two spacious apartments and a flexible first-floor commercial space, it offers both reliable income and entrepreneurial options. Renovations include updated electrical, plumbing, flooring, cosmetics, and a new heat pump installation. The apartments are currently leased, providing a steady rental stream, while the first-floor commercial space has recently converted to a fully functional pizza parlor, overlooking the scenic Missisquoi River further enhances its appeal. The upper floors each feature a 2-bedroom, 1-bath apartment with new appliances and river views. The third floor also includes a large bonus room, separate from the apartment, offering added flexibility. Residents enjoy a communal laundry room, soaring ceilings, and charming original woodwork throughout. Ideally located just one hour from both Burlington and Montreal, and only a short ride to Jay Peak for skiing, snowboarding, and year-round recreation, this property sits in a thriving community. Don't miss this rare opportunity to combine dependable rental income with business potential.
Location
State VT
County Vt-franklin
Area Vt-Franklin
Zoning Residential/Commercial
Body of Water River
Rooms
Basement Entrance Interior
Basement Dirt Floor,Exterior Stairs,Interior Stairs,Interior Access,Exterior Access,Basement Stairs
Interior
Cooling None
Flooring Laminate,Wood
Exterior
Utilities Available Cable Available,Telephone Available
Waterfront Description Yes
View Y/N Yes
View Yes
Roof Type Membrane
Building
Story 3
Sewer Public
Architectural Style Multi-Level,Tri-Level
Construction Status Existing