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Lynne McGrath
REALTOR®
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123 Lake Street, Swanton, VT 05488

$530,000
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Active
BEDS6 BATHS4 full SQUARE FEET2,632 MLS#5055086
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Listing Courtesy of: Sherwood Real Estate
Agency Phone: 802-782-0821
Associate Name: Tami Lantz
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Property Description

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. Owners occupy the expansive 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 for all. With woods and level pasture, this large lot of land is perfect for a hobby farming, horses, or a hunting/gathering lifestyle. It borders a Wildlife Sanctuary for privacy, views, and woodland friends. Includes over 1,400 feet of road frontage, 2 driveways, 2 garages, shed, garden space, and gazebo. Located a stone-throw to Lake Champlain for boating and fishing. Only a few minutes 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 have made many improvements, including a renovated 1st floor in the main house. 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. Motivated sellers.

123 Lake Street | MLS# 5055086

This multi-family property located at 123 Lake Street, Swanton, VT 05488 is currently listed for sale with an asking price of $530,000. Search Swanton real estate on lynnemcgrath.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Concrete, Concrete Floor, Interior Stairs, Storage Space, Sump Pump
Cooling: None
Garage: 2
Heating: Oil, Pellet Stove
Home Style: Multi-Level
Lot Size: 11.85 Acres
Roof Type: Metal
Stories: 1.5
Taxes: $6,081
Year Built: 1977

Units

Unit 1:
Bathroom(s): 2
Bedrooms: 3
Unit 2:
Bathroom(s): 1
Bedrooms: 2
Rent: $2421.00
Unit 3:
Bathroom(s): 1
Bedrooms: 1
Rent: $1050.00

Amenities

Garden Space
Gazebo
Natural Shade
Patio
Shed
Storage

Feature Descriptions

Color: Grey
Construction: Wood Frame, Vinyl Siding
Construction Status: Existing
Days on Site: 260
Driveway: Gravel
Driveway: Gravel
Electric: Circuit Breaker(s)
Exterior: Wood Frame, Vinyl Siding
Flood Zone: No
Flooring: Carpet, Laminate, Vinyl, Wood
Foundation: Concrete
Foundation: Concrete
Lot: Country Setting, Horse/Animal Farm, Field/Pasture, Landscaped, Level, Major Road Frontage, Recreational, View, Wooded, Near Paths, Near Shopping, Near Snowmobile Trails, Near Hospital, Near ATV Trail
Parking: Heated Garage, Deeded, Driveway, On-Site, Parking Spaces 6+, Paved, RV Access/Parking
Roads: Paved, Public, Public Maintained Road
Sewer: Private, Septic
Sq. Ft. Total Finished: 2632
Total Stories: 1.5
Units: 3
Water: Public
Zoning: Res

Local Schools

High School: Missisquoi Valley UHSD #7
Middle School: Swanton School
Elementary School: Swanton School

Listed By / Shown By

Listed By

Agency Name: Sherwood Real Estate
Agency Phone: 802-782-0821
Agent Name: Tami Lantz

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Shown By

Agent Name: Lynne McGrath
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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Estimated Payment

$ 1,840.88 per month $1,179.55 Principal & Interest $506.75 Property Tax $154.58 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 04/23/2026. The listing information on this page last changed on 04/23/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/23/2026 12:00:38 AM EST) or MLSPIN MLS (last updated Wed 04/22/2026 11:38:30 PM EST) or Prime MLS (last updated Wed 04/22/2026 11:33:16 PM EST) or MREIS (last updated Wed 04/22/2026 11:55:22 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data compilation and photo(s) copyright © 2026 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 2026-04-22 23:33:16

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Agency License Information: Better Homes and Gardens® and the Better Homes and Gardens Real Estate Logo are registered service marks owned by Meredith Corporation and licensed to Better Homes and Gardens Real Estate LLC. The Masiello Group Limited fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC nor any of its affiliated companies.


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