About this home
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.
Listing last checked: Listing updated:
Listed by Sherry Corbeil · M Realty · MLS #5095835
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Details at a glance
Interior5 property facts
- Rooms
- 2
- Heating
- Baseboard, Forced Air, Natural Gas
- Cooling
- None
- Flooring
- Carpet, Laminate
- Basement
- Yes · Crawl Space, Dirt Floor
Building4 property facts
- Style
- Multi Family
- Year built
- 1890
- Foundation
- Block, Stone
- Roof
- Metal
Land & utilities5 property facts
- Lot size
- 0.25 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- Commercial/Residential
Financial2 property facts
- Annual taxes
- $7,029
- Assessment year
- 2025
Location
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Estimated monthly cost
Explore costs at the $514,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,189 / monthAdjust
- Principal & interest
- $2,604
- Property tax
- $586
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $7,029. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 71 1st Street
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Request a tour of 71 1st Street and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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