Welcome to 989-1009 Middle Pownal Road—a true gem with fantastic income potential in a gorgeous setting! This rare 4-unit multifamily property includes a charming stand-alone 1-bedroom, 1-bathroom cottage, occupied by a long-term tenant, and a well-maintained 3-unit building. The spacious 2-bedroom, 1-bathroom top-floor unit is under an annual lease, while the two fully furnished 1-bedroom, 1-bathroom units on the lower level have been a hit with traveling nurses. These furnished units are currently vacant to make the sale process smooth and stress-free! The main building has had some major upgrades, including a new roof and windows in the last 5-7 years, a new septic tank (2021), a water heater (2022), and a brand-new furnace. The deck has been beautifully rebuilt, and the well was drilled 250 ft deeper with a new pump and filtration system. One of the stoves and refrigerators in the furnished units has also been replaced—talk about move-in ready! While the cottage could use a little TLC, the main building is in top-notch condition and ready to keep earning! Sited in the scenic town of Pownal, you’re just minutes from outdoor fun and cultural hotspots like Bennington and Williamstown. This is a rare opportunity to snag a solid investment in a desirable area.
Lot & Building Features
UtilitiesCable - Available, Gas - LP/Bottle
ConstructionWood Frame
CoolingNone
HeatingBaseboard, Propane, Oil, Gas Heater - Vented
SewerOn-Site Septic Exists
WaterDrilled Well
FoundationConcrete
Lot DescriptionMountain View, View, Open
RoofShingle
GarageNo
Unit Features
Unit 1 Baths1
Unit 1 Bedrooms2
Unit 1 Lease TermAnnual
Unit 1 Level Number2
Unit 1 Rental AgreementYes
Unit 1 Rental Amount1100.00
Unit 1 Rental Amt FreqMonthly
Unit 1 StatusLeased
Unit 1 Tenant PaysElectric, Internet Service
Unit 2 Baths1
Unit 2 Bedrooms1
Unit 2 Level Number1
Unit 2 Rental Amount1200.00
Unit 2 Rental Amt FreqMonthly
Unit 2 StatusVacant
Unit 3 Baths1
Unit 3 Bedrooms1
Unit 3 Level Number1
Unit 3 Rental Amount1200.00
Unit 3 Rental Amt FreqMonthly
Unit 3 StatusVacant
Unit 4 Baths1
Unit 4 Bedrooms1
Unit 4 Rental Amount490.00
Unit 4 Rental Amt FreqMonthly
Unit 4 StatusMonth to Month
Unit 4 Tenant PaysElectric, Hot Water, Heat
Price History of 989-1009 Middle Pownal Road
Date
Name
Price
Difference
01/06/2025
Price Adjustment
$285,000
4.68%
11/15/2024
Price Adjustment
$299,000
3.24%
11/11/2024
Price Adjustment
$309,000
4.92%
09/27/2024
Listing Price
$325,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
989-1009 Middle Pownal Road (MLS #5016365) is a multi-family listing located in Pownal, VT.
This multi-family listing is 2,248 sqft and on a lot of 18,731 sqft (or 0.43 acres) and is 55 years old. This property was listed on 09/27/2024 and has been priced for sale at $285,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
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Listing information courtesy of: Real Broker LLC
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. Data last updated 01/31/2025