Multi-Family for Sale: 989-1009 Middle Pownal Road, Pownal, VT 05261

5 beds
2,248 sqft
$299,000
$299,000
989-1009 Middle Pownal Road, Pownal, VT 05261
5 beds
2,248 sqft
$299,000
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Price:
$299,000
$10,000 - 11/15/2024

Type Multi-Family
Style Multi-Family
Beds 5
Square Feet 2,248 sqft
Lot Size 0.43 acres
Year Built 1970

City Pownal
County Bennington

MLS 5016365
Status Active
DOM 55 days
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.

Lot & Building Features

Utilities Cable - Available, Gas - LP/Bottle
Construction Wood Frame
Cooling None
Heat Source Gas - LP/Bottle, Oil
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

Price History of 989-1009 Middle Pownal Road, Pownal, VT

Date Name Price Difference
11/15/2024 Price Adjustment $299,000 3.24%
11/11/2024 Price Adjustment $309,000 4.92%
09/27/2024 Listing Price $325,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 989-1009 Middle Pownal Road, Pownal, VT

Location Map Street View
Photo of Ruth Canney
Ruth Canney
REALTOR®
Direct: 603-300-2551
Office
185 Plaistow Road, Suite 1
Plaistow, NH 03865
603-382-0360 x13
Listed by Real Broker LLC, Betsy Adamovich
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6.75%
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Monthly Taxes
Monthly HOA
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989-1009 Middle Pownal Road (MLS #5016365) is a multi-family listing located in Pownal, VT. This multi-family listing is 2,248 sqft and on a lot of 18,731 sqft (or 0.43 acres) and is 54 years old. This property was listed on 09/27/2024 and has been priced for sale at $299,000.

Nearby zip codes are 05201 9386, 05201, 05261 0233, 05261 9431 and 05261 9714. This property neighbors other cities such as Bennington, Stamford and Williamstown.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: Real Broker LLC

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 11/21/2024