601 River Rd S Putney, VT 05346
Estimated payment $2,351/month
Highlights
- Property is near public transit and railroad
- Corner Lot
- Baseboard Heating
- Post and Beam
- Agricultural
- Multiple Phone Lines
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
- Rural Setting
- Corner Lot
- Level Lot
- Open Lot
Parking
- Gravel Driveway
Home Design
- Post and Beam
- Farmhouse Style Home
- Concrete Foundation
- Wood Frame Construction
- Asphalt Shingled Roof
- Metal Roof
Interior Spaces
- Property has 2 Levels
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Basement
- Walk-Up Access
- Exterior Basement Entry
Utilities
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Oil
- 150 Amp Service
- Well
- Drilled Well
- Septic Tank
- Private Sewer
- Multiple Phone Lines
- Cable TV Available
Additional Features
- Property is near public transit and railroad
- Agricultural
Community Details
Overview
- 4 Units
- Near Conservation Area
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 | $525 | $177,800 | $44,100 | $133,700 |
| 2018 | $4,065 | $177,800 | $44,100 | $133,700 |
| 2017 | $32,153 | $177,800 | $44,100 | $133,700 |
| 2016 | $32,153 | $177,800 | $44,100 | $133,700 |
| 2015 | -- | $1,778 | $0 | $0 |
| 2014 | -- | $1,778 | $0 | $0 |
| 2013 | -- | $1,828 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Pending | -- | -- | -- |
| 05/23/2025 05/23/25 | For Sale | $349,000 | 0.0% | $102 / Sq Ft |
| 05/23/2025 05/23/25 | Off Market | $349,000 | -- | -- |
| 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 | -- | |
| Grant Deed | $90,000 | -- |
Source: PrimeMLS
MLS Number: 5030239
APN: 504-158-10876
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