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1599 Monkton Road, Monkton, VT 05473

$600,000
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Active
BEDS5 BATHS2 full SQUARE FEET2,960 MLS#5113390
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLAddison Northwest

Listing Courtesy of: KW Vermont
Agency Contact: Phone: 802-391-4224
Associate Name: Connor Johnson
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Property Description

RARE COMMERCIAL AND RESIDENTIAL OPPORTUNITY! Welcome to 1599 Monkton Road, a unique property combining residential flexibility with substantial commercial potential in a highly desirable location situated between Burlington & Middlebury. Additionally, comes with agricultural zoning for even more potential uses, as the previous owners had horses on property. Set on 8.08 acres, the property features an 1820 Colonial currently configured for multi-family rentals, plus an expansive shop previously utilized as a high-end woodworking production facility. The shop offers approximately 5,000 sq. ft. of space & coveted 3-phase power with 4 separate heating zones, creating an exciting opportunity for a workshop, studio, production facility, storage, home-based business or other commercial pursuits, subject to applicable zoning & approvals. Ample on-site parking exists with no lack of space, 388' of frontage along a paved public road, cable internet & separate utilities throughout the various spaces further enhance the property's versatility and investment potential. The residential dwelling provides additional flexibility for owner occupancy, employee housing, conventional rental income streams, or multi-generational living, while the surrounding acreage offers mountain views, mature shade, a stream & room to expand your vision. The upgrades list is long, highlighted by a metal roof, drilled well, new septics, updated heating units, blown insulation & natural Vermont surroundings. Whether you're an entrepreneur searching for space to operate your business or agricultural endeavors, an investor looking for multiple potential income streams or a buyer seeking a true live/work compound, 1599 Monkton Road offers a combination of acreage, infrastructure & flexibility that is increasingly difficult to find. Bring your business, your ideas & your vision! This is one you don't want to miss!

1599 Monkton Road | MLS# 5113390

This multi-family property located at 1599 Monkton Road, Monkton, VT 05473 is currently listed for sale with an asking price of $600,000. Monkton Road is located within the Addison Northwest school district. Search Monkton real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Exterior Access
Cooling: None
Heating: Oil, Baseboard, Hot Water
Home Style: Colonial
Lot Size: 8.08 Acres
Roof Type: Corrugated, Metal, Shingle
Stories: 2.0
Taxes: $8,462
Year Built: 1820

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 2
Unit 2:
Bathroom(s): 1
Bedrooms: 2
Unit 3:
Bedrooms: 1

Amenities

Barn
Natural Shade
Outbuilding
Porch

Feature Descriptions

Construction: Post and Beam, Wood Frame, Wood Siding
Days on Site: 35
Driveway: Gravel
Driveway: Gravel
Electric: 3 Phase, Circuit Breaker(s)
Exterior: Post and Beam, Wood Frame, Wood Siding
Flood Zone: Yes
Flooring: Hardwood, Tile
Foundation: Stone
Foundation: Stone
Lot: Mountain View, Rural
Parking: Parking Spaces 6+
Roads: Paved, Public
Sewer: Concrete, Mound, On-Site Septic Exists, Septic
Sq. Ft. Total Finished: 2960
Total Stories: 2
Units: 3
Water: Drilled Well, Purifier/Soft
Zoning: RA 5V

Local Schools

Middle School: Monkton Central School
Elementary School: Monkton Central School
School District: Addison Northwest

Listed By / Shown By

Listed By

Agency Name: KW Vermont
Agency Contact: Phone: 802-391-4224
Agent Name: Connor Johnson

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Estimated Payment

$ 2,215.51 per month $1,335.34 Principal & Interest $705.17 Property Tax $175.00 Homeowner's Insurance

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