OFF MARKET

Listed by Steve Rocheleau • Rocheleau Realty Associates of Vermont. Bought with Preferred Properties.

Off market oct 2021 for $550K

—

Est. refi paymentEst. refi $3,574/mo

•

6,976

sq ft

14 First St, Swanton, VT 05488

About this home

Incredible Investment Property – Turn Key operation, fully rented with very long term tenants and a great 7.25% cap rate. Annual net $40,000. Great location, walking distance from Swanton’s Beautiful Village Park. There are 3 two-bedroom and 3 one-bedroom apartments. Parking on site. Some of the tenants have been here for over a decade. Rents are at market and things are running smoothly with almost no vacancy (Owner did leave one unit vacant during COVID for obvious reasons). Property is fully occupied and tenants are all current. Take over this well managed property and start building equity for your retirement.

Multi-familyProperty Type

1990Year Built

0.25 acresLot Size

$79Price/Sq.Ft.

Listed by Steve Rocheleau • Rocheleau Realty Associates of Vermont

Bought with Barbara Trousdale • Preferred Properties

Redfin checked: 2 minutes ago

•Source:PrimeMLS #4875225

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 05488, VT

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

98.9%

1.3% MoM

Median sale price

$362K

$33K MoM

Avg. days on market

65d

26 days MoM

Recently sold homes

1 MoM

New listings for sale

OPEN SUN, 11AM TO 1PM
$399,000
3 beds2.5 baths2,001 sq ft
2810 Carter Hill Rd, Highgate, VT 05459
$545,000
3 beds2 baths2,864 sq ft
2 Shetland Ln, Swanton, VT 05488
3D WALKTHROUGH
$609,000
3 beds3 baths2,320 sq ft
4102 Lower Newton Rd, St. Albans Town, VT 05478
$419,900
3 beds2 baths1,656 sq ft
233 Jewett Ave, Swanton, VT 05488
See all

Provided by Redfin

Sale history for 14 First St

Year

Property tax

Land + Additions

Assessment*

2025

$7,961

$52,500 + $399,100

$451,600

2024

$7,954 (+13.4%)

$52,500 + $399,100

$451,600

2023

$7,016 (−7.2%)

$52,500 + $399,100

$451,600

2022

$7,563 (+1.2%)

$52,500 + $399,100

$451,600

2021

$7,477 (−1.3%)

$52,500 + $375,700

$428,200

2020

$7,573 (+8.8%)

$52,500 + $375,700

$428,200

2019

$6,958 (−2.5%)

$52,500 + $375,700

$428,200

2018

$7,137 (+4.1%)

$52,500 + $375,700

$428,200

2017

$6,855 (+3.2%)

$52,500 + $375,700

$428,200

2016

$6,640 (+7.4%)

$52,500 + $375,700

$428,200

2015

$6,181

$52,500 + $375,700

$428,200

Tax history for 14 First St

Year

Property tax

Land + Additions

Assessment*

2025

$7,961

$52,500 + $399,100

$451,600

2024

$7,954 (+13.4%)

$52,500 + $399,100

$451,600

2023

$7,016 (−7.2%)

$52,500 + $399,100

$451,600

2022

$7,563 (+1.2%)

$52,500 + $399,100

$451,600

2021

$7,477 (−1.3%)

$52,500 + $375,700

$428,200

2020

$7,573 (+8.8%)

$52,500 + $375,700

$428,200

2019

$6,958 (−2.5%)

$52,500 + $375,700

$428,200

2018

$7,137 (+4.1%)

$52,500 + $375,700

$428,200

2017

$6,855 (+3.2%)

$52,500 + $375,700

$428,200

2016

$6,640 (+7.4%)

$52,500 + $375,700

$428,200

2015

$6,181

$52,500 + $375,700

$428,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

6,848

Year built

—

Style

Condo/Co-op

County

Franklin County

APN

63920110803

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 22, 2026.

Property details

Interior

Basement Information
Basement: Yes
Basement Access: Walk-up

Exterior

Building Information
Construction Status: Existing
Approximate Sq. Ft. Total Finished: 6976
Approximate Sq. Ft. Total: 6976
Color: White

Lot, Zoning, & Easement Information
City Lot, Level, Sidewalks, Street Lights

Income Information
Net Income: $39,430

Survey Information
Surveyed: Unknown

Other Property & Lot Information
Year Built: 1990

Financial

Tax Information
Tax Year: 2020
Gross Amount Tax: 11308
SPAN Number: 639-201-10803

Other Tax Information
Page Deed: 594

Utilities

Trash Information
Dumpster

Electric Information
Electric Company: Swanton Electric

Other Utilities Information
Cable Company: Xfinity
Fuel Company: VT Gas
Cable - Available, Gas - On-Site, High Speed Intrnt -Avail, Internet - Cable, Telephone Available
Varies

Location

Multi-Unit Information
Unit Lease Term: Month to Month
Total Units: 6
# of 1 Bedroom Units: 3
# of 2 Bedroom Units: 3
# of Baths (full): 6
Water: Public Water - On-Site
Sewer: Public Sewer On-Site
Electric: Circuit Breaker(s)
Construction: Wood Frame
Foundation: Concrete
Exterior: Vinyl Siding
Roof: Shingle - Architectural
Driveway: Paved
Heating: Baseboard, Hot Water
Heat Fuel: Gas - Natural
Cooling: None
Water Heater: Gas, Off Boiler
Basement Description: Apartments, Concrete, Concrete Floor, Daylight, Finished, Full, Insulated, Stairs - Interior, Storage - Locked, Interior Access, Exterior Access

Unit 1 Information
Unit 1 Baths: 1
Unit 1 Bedrooms: 1
Appliances Included, Carbon Monoxide Detector, Den, Dishwasher, Range - Electric, Refrigerator, Smoke Detector
Unit 1 Lease Term: Month to Month
Unit 1 Level Number: Basement
Unit 1 Rooms: 4
Unit 1 Style: Daylight Basement

Unit 2 Information
Unit 2 Baths: 1
Unit 2 Bedrooms: 2
Appliances Included, Carbon Monoxide Detector, Dishwasher, Range - Electric, Refrigerator, Smoke Detector
Unit 2 Level Number: 2nd Floor
Unit 2 Rooms: 5
Unit 2 Style: Flat

Unit 3 Information
Unit 3 Baths: 1
Unit 3 Bedrooms: 2
Appliances Included, Carbon Monoxide Detector, Deck, Dishwasher, Dryer, Range - Electric, Refrigerator, Smoke Detector, Washer
Unit 3 Lease Term: Month to Month
Unit 3 Level Number: 2nd Floor
Unit 3 Rooms: 5
Unit 3 Style: Flat

Unit 4 Information
Unit 4 Baths: 1
Unit 4 Bedrooms: 2
Appliances Included, Carbon Monoxide Detector, Range - Electric, Refrigerator, Smoke Detector
Unit 4 Lease Term: Month to Month
Unit 4 Level Number: 1st Floor
Unit 4 Rooms: 5
Unit 4 Style: Flat

Unit 5 Information
Unit 5 Baths: 1
Unit 5 Bedrooms: 1
Appliances Included, Carbon Monoxide Detector, Range - Electric, Refrigerator, Smoke Detector
Unit 5 Lease Term: Month to Month
Unit 5 Level Number: 2nd Floor
Unit 5 Rooms: 3
Unit 5 Style: Flat

Unit 6 Information
Unit 6 Baths: 1
Unit 6 Bedrooms: 1
Appliances Included, Carbon Monoxide Detector, Range - Electric, Refrigerator, Smoke Detector
Unit 6 Lease Term: Month to Month
Unit 6 Level Number: Basement
Unit 6 Rooms: 4
Unit 6 Rooms: 4
Unit 6 Style: Flat

School Information
School District: Franklin Northwest
Elementary School: Swanton School
Elementary School: Swanton School
Middle/Jr School: Missisquoi Valley Union Jshs

Road Information
Road Frontage: Yes
Road Frontage Length: 80
Paved

Other Location Information
Directions: I-89 to Exit 21, Left on Rte 78. Property on the left just before the intersection of First St. and Grand Ave. (US Rte 7).

Public facts

Beds: 9
Baths: 6.0
Sq. Ft.: 6,848
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Franklin County
APN: 63920110803

Home facts updated by county records on Oct 22, 2026

Other

Expense Information
Net Income: 39430
Operating Expenses Include: Heat, Insurance, Maintenance, Snow, Trash, Water/Sewer

Around this home

Schools

K - 12
Preschool & daycare

Some nearby schools may not be within this home's attendance zone. Please check the Missisquoi Valley School District #89 website to verify.

Swanton Schools

Public PreK-6 • 0.5mi

6/10

Missisquoi Valley Uhsd #7

Public 7-12 • 1.2mi

6/10

Highgate School

Public PreK-6 • 4.2mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 hot days expected this year, 15 days in 30 years

Wind Factor

We're working on getting current and accurate wind risk information for this home.

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Swanton, VT • 05488

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.3 hours in June and 2.2 hours in December, placing it below the U.S. average for solar exposure.

8.3 hrs

2.2 hrs

JuneDecember

Provided by Shadowmap

Sell confidently with a local market expert in Swanton. 3 minutes to get started.

Nearby similar homes

$419,900

3 beds2 baths1,656 sq ft

233 Jewett Ave, Swanton, VT 05488

Landscaped yard • Easy access to i-89 • Farmhouse sink

$799,000

11 beds6 baths4,913 sq ft

2 Fletcher Rd, Fairfax, VT 05454

Six unit property • Single family home • Historic character

New listings for sale in 05459

OPEN SUN, 11AM TO 1PM

$399,000

3 beds2.5 baths2,001 sq ft

2810 Carter Hill Rd, Highgate, VT 05459

Finished basement • Outdoor entertaining • 0.57 acre lot

$545,000

3 beds2 baths2,864 sq ft

2 Shetland Ln, Swanton, VT 05488

Private road • Walk-in closet • Private bath

3D WALKTHROUGH

$609,000

3 beds3 baths2,320 sq ft

4102 Lower Newton Rd, St. Albans Town, VT 05478

Walk in pantry • Three season sunroom • 1 acre lot

$419,900

3 beds2 baths1,656 sq ft

233 Jewett Ave, Swanton, VT 05488

Landscaped yard • Easy access to i-89 • Farmhouse sink

Home values near 14 First St

Data from public records.

Address	Redfin Estimate
35 1st St, Swanton, VT 4 Beds \| 2 Baths \| 2832 Sq. Ft.	$357,275
1 1st St, Swanton, VT 3 Beds \| 2.5 Baths \| 1456 Sq. Ft.	$462,742
33 Grand Ave, Swanton, VT 8 Beds \| 3 Baths \| 3364 Sq. Ft.	$379,171
12 York St, Swanton, VT 3 Beds \| 2 Baths \| 2395 Sq. Ft.	$276,028
7 2nd St, Swanton, VT 4 Beds \| 2 Baths \| 1152 Sq. Ft.	$272,812
26 York St, Swanton, VT 3 Beds \| 1 Baths \| 1928 Sq. Ft.	$318,850
19 York St, Swanton, VT 4 Beds \| 3 Baths \| 2393 Sq. Ft.	$331,236

Address	Redfin Estimate
34 1st St, Swanton, VT 4 Beds \| 2.5 Baths \| 2172 Sq. Ft.	$361,129
24 York St, Swanton, VT 4 Beds \| 1 Baths \| 1443 Sq. Ft.	$237,513
35 Grand Ave, Swanton, VT 5 Beds \| 2 Baths \| 3204 Sq. Ft.	$370,321
17 Grand Ave, Swanton, VT 5 Beds \| 5 Baths \| 3152 Sq. Ft.	—
29 York St, Swanton, VT 7 Beds \| 3 Baths \| 2728 Sq. Ft.	$368,044
18 York St, Swanton, VT 2 Beds \| 1.5 Baths \| 1144 Sq. Ft.	$265,617
4 York St, Swanton, VT 3 Beds \| 1 Baths \| 1260 Sq. Ft.	$250,356

Address	Redfin Estimate
32 1st St, Swanton, VT 4 Beds \| 2 Baths \| 2124 Sq. Ft.	$313,661
20 York St, Swanton, VT 4 Beds \| 2 Baths \| 2652 Sq. Ft.	$349,752
8 York St, Swanton, VT 7 Beds \| 3 Baths \| 1620 Sq. Ft.	$346,276
43 Grand Ave, Swanton, VT 5 Beds \| 1.5 Baths \| 3130 Sq. Ft.	$361,524
28 York St, Swanton, VT 5 Beds \| 2 Baths \| 2196 Sq. Ft.	—
16 York St, Swanton, VT 4 Beds \| 2 Baths \| 1712 Sq. Ft.	$212,410
25 York St, Swanton, VT 3 Beds \| 1.5 Baths \| 1484 Sq. Ft.	$294,782

Property information provided by PrimeMLS when last listed in 2021. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 05488, VT

Sale history for 14 First St

Tax history for 14 First St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 05459

Home values near 14 First St

More real estate resources