123 Lake Street, Swanton, VT 05488
Local realty services provided by:ERA Key Realty Services
123 Lake Street,Swanton, VT 05488
$489,000
- 6 Beds
- 3 Baths
- 2,632 sq. ft.
- Multi-family
- Active
Listed by: tami lantz, tyler hull
Office: sherwood real estate802-782-0821
MLS#:5055086
Source:PrimeMLS
Price summary
- Price:$489,000
- Price per sq. ft.:$136.71
About this home
Three homes in one! Incredible opportunity for house hackers, investors, and homesteaders. This extraordinary 11.85-acre property, zoned R1 (minimum 1-acre lots) for HUD/subdivision potential, offers over 3,500 sqft living space across 3 units - each with its own electric meter and 1st floor bedroom, bath, & laundry. Reliable M2M tenants in the back house & side apt - bringing in $3,471/month. Two driveways for privacy and also future development possibilities. Owners occupy the expansive 3-bed, 1.5 bath front apt, and they plan to move upon property transfer, providing the opportunity for new owners to move right into the large unit with clean, concrete basement, which is a great workspace during the winter months. Two front units feature pellet stoves as cozy backup heating. Oil heat is primary heating source. With woods and level pasture, this large lot of land is perfect for a hobby farming, horses, or a hunting/gathering lifestyle. Bordering a Wildlife Sanctuary, this amazing property has privacy, views, and plentiful woodland friends. If you're searching for the hunting and gathering lifestyle, you've found it! Includes over 1,400 feet of road frontage, 2 garages, shed, garden space, and gazebo. Located a stone-throw to Lake Champlain at Maquam Shore for boating and fishing. Just down the road to Swanton Village amenities, St. Albans City, & the Canadian border at Quebec. 1 hour to Montreal & 40 minutes to Burlington. Property is ideally positioned to capture strong rental demand in a high-traffic, quintessential New England vacation and outdoor adventure destination. Owners are continuing to renovate the 1st floor in the front apartment. There are three additional unfinished 3rd floor rooms in the "attic" of the front apt - one plumbed for a bathroom - offering potential for a 4th unit or larger owner quarters. *Newer features* - roof, vinyl siding, knotty pine walls, updated electric, trim, paint, and new kitchen flooring. Motivated sellers....
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Home facts
- Year built:1977
- Listing ID #:5055086
- Added:420 day(s) ago
- Updated:September 30, 2026 at 11:46 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Laminate, Vinyl, Wood
- Basement Description:Concrete, Concrete Floor, Interior, Storage Space, Sump Pump
- Living area:2,632 sq. ft.
Heating and cooling
- Heating:Oil
Structure and exterior
- Roof:Metal
- Year built:1977
- Building area:2,632 sq. ft.
- Lot area:11.85 Acres
- Levels:1.5 Story
Schools
- High school:Missisquoi Valley UHSD #7
- Middle school:Swanton School
- Elementary school:Swanton School
Utilities
- Sewer:Private, Septic
Finances and disclosures
- Price:$489,000
- Price per sq. ft.:$136.71
- Tax amount:$6,081 (2024)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Gravel Driveway
- Garage spaces:2
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