123 Lake St

Swanton, VT 05488

$545,000
Price
6
Beds
2,632 Sq. Ft.
$207 / Sq. Ft.
2,632
Sq. Ft.
$207
per Sq. Ft.

Description

Three Homes in one! Incredible opportunity for house hackers, investors, and homesteaders. This 11.85-acre property, zoned R1 (minimum 1-acre lots) for subdivision potential, offers over 3,300 sqft living space across 3 units - each with its own electric meter and 1st floor laundry. Reliable M2M tenants in the back house & side apt. Owner occupants - move right into the large unit with concrete basement, great for workspace & storage. Two front units feature pellet stoves as cozy backup heating....Three Homes in one! Incredible opportunity for house hackers, investors, and homesteaders. This 11.85-acre property, zoned R1 (minimum 1-acre lots) for subdivision potential, offers over 3,300 sqft living space across 3 units - each with its own electric meter and 1st floor laundry. Reliable M2M tenants in the back house & side apt. Owner occupants - move right into the large unit with concrete basement, great for workspace & storage. Two front units feature pellet stoves as cozy backup heating. Oil heat is primary for all. With woods and level pasture, this land is perfect for a hobby farm, horses, or a hunting/gathering. It borders a Wildlife Sanctuary for privacy, views, and woodland friends. Includes over 1,400 feet of road frontage, 2 driveways, 2 sheds, garden space, 2 garages, and gazebo. Stone throw to Lake Champlain for boating and fishing. Minutes to Swanton Village amenities, St. Albans City, & the Canadian border. 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 front apt - one plumbed for a bathroom - offering potential for a 4th unit or larger owner quarters. Newer featuresTHIS IS A SPECIAL DELIMITER SENTENCE. Newer featuresTHIS IS A SPECIAL DELIMITER SENTENCE - roof, vinyl siding, knotty pine walls, updated electric, trim & paint. Motivated sellers.
  1. Listed by Tami Lantz • Sherwood Real Estate
  2. Listed by Tyler Hull • Sherwood Real Estate

Property Details for 123 Lake Street

Zoning
Res
LISTING UPDATED: 12/22/2025 11:57 PM

Property Details for 123 Lake Street

StatusActive
MLS #5055086
Days on Market141
Taxes$6,081 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1977
Lot Size11.85 AC / 516,186 SF
CountyFranklin County

Location

Listing Courtesy of Sherwood Real Estate
Add your commute

Building Information for 123 Lake Street

Stories1Residences3Year Built1977Building Size-Lot Size11.85 AC / 516,186 SF

Payment Calculator

$3,200 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,693

Property Taxes

$507

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 123 Lake Street

Summary
Location and General Information
  • City: Swanton
  • County: VT-Franklin
  • Latitude: 44.921434000001000
  • Longitude: -73.138707999999994
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05488
Taxes and HOA Information
  • SPAN Number: 639-201-11403
  • Tax Year: 2024
  • Taxes TBD: No
Parking
  • Garage: Yes
  • Garage Capacity: 1.00
  • Driveway: Concrete
Virtual Tour
Property
Lot Information
  • Lot Features: Country Setting, Horse/Animal Farm, Field/Pasture, Landscaped, Level, Major Road Frontage, Recreational, View, Wooded, Near Shopping, Near Hospital, Near ATV Trail
  • Lot Size Acres: 11.85
  • Road Frontage Length: 1414.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1977
Utilities
  • Electric Company: Swanton Village
  • Fuel Company: HG Berger
  • Electric: Circuit Breaker(s)
  • Sewer: Private, Septic
  • Water Source: Public
  • Utilities: Telephone Available
  • Total Electric Meters: 3
  • Separate Utilities: Varies
  • Internet: Cable Internet, High Speed Intrnt at Site
Interior and Exterior Features
Exterior Features
  • Color: Grey
  • Construction Materials: Wood Frame, Vinyl Siding
  • Roof: Metal
Interior Features
  • Appliances: Electric Water Heater
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Concrete Floor, Interior Stairs, Storage Space, Sump Pump
  • Total Full Baths: 3
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Heating: Oil, Pellet Stove
  • Cooling: None
  • Total Refrigerators: 3
  • Total Stories: 1.5
  • Total Water Heaters: 2
  • Trash: Dumpster, Owner
Multi Family
Income & Expenses Information
  • Gross Income: $31,800.00
  • Operating Expense Incl: Insurance, Trash, Water
Multi-Family Information
  • Total Units: 3
  • Total 1 BR Units: 1
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 1
  • Total Heat Units: 3
Unit Information
Unit 1
  • Unit 1 Baths: 2
  • Unit 1 Bedrooms: 3
  • Unit 1 Lease Term: Owner Occupied
  • Unit 1 Rooms: 8
  • Unit 1 Tenant Pays: Electric, Trash, Water
  • Unit 1 Info: Appliances Included, Ceiling Fan, CO Detector, Dishwasher, Dryer, Oil Heat, Microwave, Electric Range, Refrigerator, Storage, Washer
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 6
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 2
  • Unit 2 Rental Amount: $1,600.00
  • Unit 2 Info: Appliances Included, CO Detector, Dryer, Oil Heat, Microwave, Electric Range, Refrigerator, Smoke Detector, Washer
  • Unit 2 Tenant Pays: Electric, Heat
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 3
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Bedrooms: 1
  • Unit 3 Rental Amount: $1,050.00
  • Unit 3 Info: Appliances Included, CO Detector, Dishwasher, Microwave, Electric Range, Refrigerator, Smoke Detector
  • Unit 3 Tenant Pays: Electric, Heat

Property History for 123 Lake Street

DateEvent & SourcePriceAppreciation
Aug 4, 2025

Listed (Active)

New England Real Estate Network #5055086

$579,000—
DateEvent & SourcePrice
08/04/2025

Listed (Active)

New England Real Estate Network #5055086

$579,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 123 Lake Street

Taxable ValueLand$76,900Additions$196,600Total$273,500
Tax Record2024$6,392 ($533 / month)
Home Facts
Beds6Baths3Total Finished SqFt2,632 SqFtAbove Grade Finished SqFt2,632 SqFtUnfinished Basement SqFt245 SqFtStories2Lot Size516,186 SqFtStyleSingle Family ResidenceYear Built1977CountyFRANKLINAPN(201) LA0123.0008

Schools near 123 Lake Street

This home is within Missisquoi Valley School District #89.
Rating
School
Type
Grades
Distance
Swanton Schools
Public - PK to 6
Missisquoi Valley Uhsd #7
Public - 7 to 12
Rating
School
Distance
Swanton Schools
PublicPK to 6

Missisquoi Valley Uhsd #7
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 123 Lake Street, Swanton, VT 05488

123 Lake Street is a multi-family home for sale in Swanton, VT 05488. This property was listed for sale on August 4, 2025 by Sherwood Real Estate, it's currently listed at $545,000. This listing's school district is Missisquoi Valley School District #89. Nearby schools include Swanton Schools and Missisquoi Valley Uhsd #7. 123 Lake Street is a 6-bed, 4-bath, 2,632 sqft multi-family home built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sherwood Real Estate

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 12/24/2025 03:31 PM