Very unique and special historic building located in the heart of Stowe Village. Lower level currently has 2 commercial spaces which share a 3/4 bath, hardwood floors, and front unit has a wood-burning fireplace. Upstairs level has a 1-BR apartment with original wideboard floors, 2 wood-burning fireplaces, specialty woods throughout, and many built-ins. Upstairs 2-BR apartment has wideboard pine and hardwood floors. New roof in summer of 2016. New furnace and hot water heater in Oct. 2014. Many possibilities for this building - live in part of it, operate your business and rent the rest. Monthly rents as follows: 2 commercial spaces: $1631, $1000 and 2 apartments: $1250 each. Current market could support significantly higher rents. Tenants pay all utilities including plowing and lawn maintenance. BUILDING HAS BEEN CONDOMINIUMIZED. HOA fee approx $350/qtr. It can also be purchased with permits for future building of a duplex for an additional 450K (the old permits have expired and in the process of obtaining new ones). See map of layout for clarification. Owner/Agent.
Stately brick building in prime residential location on the hill in St. J. Occupancy rates run 98 % or more, great tenants. Large lot with ample on-site parking. Building in great condition. One of the finest residential apartment buildings in the NEK. Please note that all prospective buyers must have a pre-approval for financing prior to scheduling an appointment: No exceptions per the owners request.
The Churchill House is a historic landmark property in the heart of Stowe Village, Vermont. Built in 1850, the property consists of 1.37 acres with a large 3-story former residential home, an attached barn with exposed beams and a stand-alone 2 car garage. Its 11 residential units are a mix of studio's, single and double bedroom apartments. Use as all long term rentals or mix in some short term units to maximize income potential. Annual maintenance and upkeep have kept this property well cared for with EMP and life safety compliance up to date. Bordering the Little River conservation area, it commands unobstructed views of Mount Mansfield. The property's desirable location offers shopping, business and banking, entertainment and transportation within walking distance to the Stowe center. A five-mile recreation trail is nearby. A ten-minute drive on Route 100 connects to Interstate 89. A detailed listing package is available upon request.
Approved for 219 units in 2007 at City Level, sunset in 2011 but could be revived. Mix of single, multifamily, and independent living. Beautiful mix of old pastures and woodlands in the heart of Montpelier. Walking trails, stone walls, and large pine stands. Very convenient to all services, yet private and secluded. Excellent opportunity for an estate property or potential development. Access to water/power/sewer at street. Taxes are estimated based on information received in the most recent Montpelier Re-Appraisal. Access to Route 302 over a separate parcel for development purposes can also be negotiated. Broker owned. No existing building. Land only.
This investment property is the opportunity people dream of! A historic barn with excellent property income that includes 7 residential apartments on 16.36 acres. The house and barn were built in late 1700's which could qualify them for historic preservation grants and tax credits. The house was completely renovated in 2013 with new plumbing, septic, electricity, well, individual furnaces' while paying attention to working with the integrity of the original structure. The original workshop was also gutted and renovated into two one bedroom apartments. The seven apartments range from 600 to 1200 sq ft and have their own electric and heating systems which opens the door to possibly create condo units with an association for all maintenance. The existing acres are commercially zoned, currently being used as agriculture land while renting some of the barn for storage. Having both Residential 2 and commercial zoning with this property offers many possibilities for the 8 acres of open land and barn. Provost Farms offers a country way of life that allows for privacy and community interaction. The tenants enjoy access through open fields to a brook or petting the sheep grazing on the hillside, and access to your own vegetable garden. Meandering through the extensive perennial flower gardens and sitting around the campfire are often the preferred way to end the evenings. A place to relax, chat and enjoy mother nature. One of the sellers is the selling agent.
Excellent income property in the heart of Cambridge with great cash flow! The property includes one commercial space and two residential apartments. One unit offers two bedrooms, one bath, living room, dining area, balcony, and shed. The second unit includes one bedroom, one bath, living room, and dining area. New electric hot water heater and new oil heating boiler. The commercial property has a national long term anchor tenant.
Profitable multi-use real estate investment opportunity within Vermont’s Mad River Valley located by Sugarbush Ski Resort. This 2.5-acre parcel consists of three separate buildings. The main building is currently operating as a “To-Go” pizza business under a monthly lease. This building was completely remodeled in July 2008 and includes a 95-seat restaurant, large commercial kitchen, great bar area, breathtaking stone wood-burning pizza oven, office/storage space. It could continue as a restaurant or repurposed to become a special events center with rehearsal dinners/weddings, live music venue, a catering business model or commercial space. However, the building also lends itself perfectly to be converted into residential housing. Initial permitting discussions commenced with the Town of Warren DRB for a building conversion into a single-family dwelling or boarding house concept. The second structure comprises a 4-unit apartment building which includes (3) one-bedroom units and (1) three-bedroom unit. Apartment renovations and upgrades have been ongoing over the past 18 months. The third building is a 2-bedroom ranch that includes (2) bathrooms. Please note, the content of this listing refers to the restaurant building primarily. Square footage & general information on the 4-unit apartment building & 2-bedroom ranch is available. This is an ideal investment opportunity for a developer or an interested party looking for real estate rental income.
"Lake Escape" - Spectacular broad frontage on Lake Elmore. Long open lawns lead to the finest in lake living. This well maintained property includes many desirable upgrades and offers year-round lake living at its finest. Live in one unit while renting the other or use the entire building as an income producing rental property. The two living spaces have separate entrances and facilities including 2 kitchens, game room, a total of 4 bedrooms (2 in each) and a fully insulated and dry basement with lower level storage that offers exterior access for kayaks, SUPs, floats, etc. Located in the town of Elmore next door to the well known and loved Elmore Store.
Currently One 1 BR Residential and 2 Commercial units. Multi Use Permits in place for Residential & office building. Configure the three full floors as any combination of residential or commercial. Live in one of the units & work on another floor! Or rent out one or all as residential OR Commercial. A prime location on Route 100, lots of exposure with 500 Ft of Road Frontage. Accessibility with a ramp from the parking lot and an elevator to all floors. Central AC. NOT zoned for Retail. Also listed as Commercial: 4795774. 1.3 acres at same address listed as MLS 4800342.
Nine good units, with plenty of parking in the heart of Montpelier. This multifamily package consists of three buildings and two building lots. 52 has four one-bedroom units. Both upstairs units have access to the full attic. Landlord pays heat for 52. Additional living space or bedrooms? The downstairs units have access to the basement for storage. 56 has a 4-bedroom and two 2-bedroom units. The 2-bedroom units were completely redone by Clar Construction in the past few years, including wood floors, new kitchens, bathrooms, heat pumps, everything. Please note that the current owner has structured such that one of the 2-bedrooms in 56 works as the "super" in exchange for rent and utilities. Tenants (except the super) pay heat and electricity for 56. 68 has two 3-bedroom units, each with access to the full attic and basement. Tenants pay heat and electricity in 68. These units are easy to rent. The property is, and usually is, fully rented. Many long term tenants, including some who have been there for 20 years or more. The buildings are in differing condition. A couple units in 52 could benefit from updating, but the rest are fine/very good. Rents have not been raised in a couple years, opportunity to increase rents throughout, even more so if rooms are added. Also included are two adjacent lots. More multis? Storage? Single family? Being offered as a package. Serious inquiries only. See attachments for financial details.
Here is a wonderful opportunity to own a well maintained 10-unit apartment building with a strong rental history and great cash flow. This professionally managed property has been kept neat and cared for throughout the current ownership to ensure a smooth operation. The tenants enjoy on-site parking, on-site laundry, spacious units, a corner store across the street, and living in a beautiful neighborhood setting atop desirable Trow Hill in Barre Town. Easy access to downtown, local businesses, and I-89 make this truly a great chance to own a nicely run turn-key investment property.
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