Luxury Listings

Restore Properties
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. 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.
An exceptional investment opportunity between I-89 and Stowe, on one of the most commercially valuable roads in Vermont. Just two lots away from Cold Hollow Cider (same side of road), one of the most popular visitor attractions in the State. Two spacious units with solid renting history and greater potential! Attached shed (indicated in Lister Sketch) recently torn down. OFFERED ONLY in conjunction with ADJACENT PROPERTY: 3568 Waterbury-Stowe Rd. (MLS# 4880590) for a total price of $1,000,000.
"Lake Escape" - Well maintained property includes many desirable upgrades and offers year-round lake living. 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.
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.

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