71 1st Street, Swanton, VT 05488
Franklin County
Key Facts
Presented by: Sherry Corbeil
Description
Rare mixed-use investment opportunity featuring three income-producing units across two separate buildings. Whether you’re an investor looking to expand your portfolio, an entrepreneur seeking a versatile property, or an owner-occupant looking to offset your mortgage, this property offers flexibility and multiple income opportunities. The property includes a detached approximately 1,800-square-foot commercial building currently leased to and occupied by an established daycare tenant, providing consistent commercial rental income, along with a front duplex offering two 2-bedroom, 1-bath apartments totaling 1,648 square feet. Significant renovations were completed to the commercial building in 2024, enhancing its functionality and appeal. Featuring an open floor plan, two bathrooms, and storage areas, the space offers flexibility for a variety of commercial uses, subject to local approvals. Current lease information and income figures are available upon request. Both residential units feature practical layouts that support residential rental use and provide consistent rental income. With two residential units and an established commercial tenant under one ownership, this property presents a unique opportunity in the heart of Swanton. Opportunities combining residential and commercial revenue potential are rarely available.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
Apartment Building / Duplex
Year Built
1890
Stories
2
Living Area
2,324 sq ft
Lot Size
0.25 acres
Zoning
Commercial/Residential
Days on Market
16
MLS® Listing#
5095835
Property Features
Cooling
Heating
Flooring
Basement
Parking
Patio
Lot Features
Foundation
Roof
Utilities
Sewer
Water Source
Schools
- Elementary:
- Highgate Elementary School
- Middle:
- Missisquoi Valley Union Jshs
- High:
- Missisquoi Valley UHSD #7
Financial Details
Annual Taxes
$7,029
Tax year 2025
Directions
From downtown Swanton, head north on US Route 7 (Grand Avenue), then turn onto First Street. Continue on First Street to 71 1st St, which will be on your left. The property is conveniently located within the village of Swanton, just minutes from Interstate 89 Exit 21, providing easy acce
Affordability Calculator
$102,980
Estimated monthly payment
$2,741/mo
Principal $411,920 · Est. interest $574,665 over 30 yrs
Location
Getting Around
Points of Interest in Swanton, VT
Showing the Swanton area map.
Nearby Schools
Missisquoi Valley School District
Elementary · 0.4 mi away
Swanton Elementary School
Elementary · 0.4 mi away
Missisquoi Valley Union High School
Secondary · 0.9 mi away
Highgate Elementary School
Elementary · 3.9 mi away
St. Albans City School
Elementary · 7.0 mi away
Sheldon Elementary School
Elementary · 7.5 mi away
Northwest Technical Center
Secondary · 7.9 mi away
Bellows Free Academy
School · 7.9 mi away
St. Albans Town Educational Center
Elementary · 8.4 mi away
North Hero Elementary School
Elementary · 8.6 mi away
Alburgh Community Education Center
Elementary · 9.7 mi away
Alburgh Elementary School
Elementary · 9.8 mi away
Franklin Central School
Elementary · 10.6 mi away
Isle la Motte Elementary School
Elementary · 11.4 mi away
Fairfield Center School
Elementary · 11.7 mi away
Georgia Elementary & Middle School
Elementary · 12.8 mi away
Rouses Point Elementary School
Elementary · 13.0 mi away
Butler Elementary School
Elementary · 15.1 mi away
Avalon Tri Academy
School · 15.3 mi away
Northeastern Clinton Central School
Secondary · 15.3 mi away
Commute Calculator
Nearby Homes
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Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 8 Dewey Street, Swanton, VT | $365,000 | 3 | 3 | 1,456 |
| 91 Sholan Road, Swanton, VT | $369,000 | 5 | 1 | 1,786 |
| 158 Lakewood Drive, Swanton, VT | $369,000 | 3 | 1 | 1,790 |
| 13 Andy Avenue, Swanton, VT | $370,000 | 3 | 2 | 1,506 |
| 45 Reeves Road, Swanton, VT | $374,900 | 3 | 3 | 1,590 |
| 29 Reeves Road, Swanton, VT | $374,900 | 3 | 3 | 1,590 |
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