601 River Rd S Putney, VT 05346
Estimated payment $2,454/month
Highlights
- Post and Beam
- Agricultural
- Multiple Phone Lines
- Corner Lot
- Baseboard Heating
- Walk-Up Access
About This Home
4-unit income property in an ideal location situated next to an operating farm with huge corn and other crop fields surrounding the parcel and very few neighbors. The 1.2 acres are all open and offer plenty of garden spots and outdoor recreation/activities for its tenants. Beautiful views out over the farm fields and an overall relaxed country living feel to this spot. Close to the CT River. The building is in good overall condition and is completely sprinkled!! Heat and Electric are included in the rents. With a Net income of over $35,000 per year, this is a tremendous opportunity to own a solid investment property with a CAP rate of 10 OR could be a great owner-occupied dwelling with fantastic income to offset the acquisition and ongoing costs because 2 units are vacant at present. Only minutes to Putney village yet total country living on a paved road. Very unique property and location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,635
Year Built
- Built in 1900
Lot Details
- 1.2 Acre Lot
- Corner Lot
- Level Lot
Parking
- Gravel Driveway
Home Design
- Post and Beam
- Farmhouse Style Home
- Concrete Foundation
- Wood Frame Construction
- Metal Roof
Interior Spaces
- 3,438 Sq Ft Home
- Property has 2 Levels
- Basement
- Walk-Up Access
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Farming
- Agricultural
Utilities
- Baseboard Heating
- Hot Water Heating System
- Well
- Drilled Well
- Septic Tank
- Multiple Phone Lines
- Cable TV Available
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- Gross Income $60,000
- Net Operating Income $35,591
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,634 | $337,800 | $121,600 | $216,200 |
| 2023 | $4,699 | $177,800 | $44,100 | $133,700 |
| 2022 | $4,382 | $177,800 | $44,100 | $133,700 |
| 2021 | $4,371 | $177,800 | $44,100 | $133,700 |
| 2020 | $4,338 | $177,800 | $44,100 | $133,700 |
| 2019 | $4,218 | $177,800 | $44,100 | $133,700 |
| 2018 | $4,065 | $177,800 | $44,100 | $133,700 |
| 2016 | $3,885 | $177,800 | $44,100 | $133,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Pending | -- | -- | -- |
| 05/23/2025 05/23/25 | For Sale | $349,000 | 0.0% | $102 / Sq Ft |
| 03/07/2025 03/07/25 | Off Market | $349,000 | -- | -- |
| 02/25/2025 02/25/25 | For Sale | $349,000 | -- | $102 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $90,000 | -- |
Source: PrimeMLS
MLS Number: 5030239
APN: 504-158-10876
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2025 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.
- 00 E Putney Falls Rd
- 00 S Pine Banks Rd
- 424 River Rd
- 601 Bellows Falls Rd
- 487 River Rd
- 2 Glebe Rd
- 0 Route 63 Unit 5055409
- 119 Main St
- 41 Old Depot Rd
- 13 Kimball Hill
- 64 Main St
- 62 Westminster Rd
- 4 Signal Pine Rd
- 105 Westminster Rd
- 159 Westminster Rd
- 000 S Village Rd
- 37 Fred Houghton Rd
- 84 Signal Pine Rd
- 32 Sugar Maple Dr
- 0 Old Ledge Rd Unit 4950217