1920 Riverfront Fixer on the Lamoille, Infrastructure Already Done — $77,000

The siding is stacked and stickered and ready to go up. That is where this house is right now. Someone bought it, did the expensive invisible work, and stopped short of the finish line. That is the actual situation here, and depending on what you are looking for, it is either a problem or the whole point.

The house is a 1920 two-bedroom, one-bath on the Lamoille River in Hardwick, Vermont. A thousand square feet. What the previous owners put into it reads like a list of everything you cannot see but always wish was already done: new basement columns, new water line, new septic tank, new electrical wiring and panel, new Marvin windows, two inches of foam insulation sheathed in Zip system wrap, and HydroGap under the whole exterior. The bones of the mechanical and structural side of this house have been addressed. The cosmetic side is wide open.

It sits high above the river, which means the view is there and so is the separation from the water. The Route 16 Rail Trail crosses a quarter mile away.

At $77,000, you are at roughly $75 a square foot for a riverfront property in Vermont that has had significant recent infrastructure investment. That number is low. The tradeoff is that it needs someone who can take it the rest of the way. The siding still needs to be installed. The interior work is unspecified in the listing. You would want to walk the interior carefully before assuming the finish work is close to done.

Ten minutes to downtown Hardwick and Greensboro puts you near services without being in them. The location on Route 16 is accessible.

This is a project. The previous owners took on the expensive, unglamorous part of that project and left. If you have the capacity to handle what is left, the price reflects the work remaining, and the work remaining is largely the part you can see.