- $695,000
- MLS#: 5029654
- 5
- # of Units
- 1,300
- Total Sq. Feet
- 11.70
- Acres
- $0
- Taxes
1 of 31
General Property Information
- Price:
- $695,000
- County:
- VT-Orange
- Acres:
- 11.70
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 5
- Agency/Brokerage:
- Curtis Trousdale
Preferred Properties
High earning AirB&B investment village! These 5 lots totaling 11.7 +/- acres are located in the beautiful mountains of South Randolph, VT, just minutes from VT I-89. There are three lots each with their own Park Model home, another lot with a fantastic Yurt and quant bath house, and a fifth lot with two RV spaces. All have septic, power, water and highspeed internet. The lot with the RV spots is over 5 acres and includes an open grassy field, pond and garden area making for a wonderful community AirB&B experience. Gross income for the development was (2023 - $125,746 and 2024 – $116,914). Plenty of potential to increase income with additional cabins, moving a month-to-month renter to AirB&B and placing cabins on the RV spots. Three additional bedrooms of unused septic capacity is already installed. Current owner outsources his cleaning & communications, doing your own could increase net by over 13K per year. There are two other lots available if you wish to expand income opportunity or build your own home. The seller created this small community and has been running it as rental and AirB&B income property, he is ready to slow down in retirement and ready to travel but is willing to teach new owners the ins and outs of the property. Current state/town permits, surveyed, and utility drawings are available, but there is a boundary modification being made and this will be completed before closing. Future owners may sell these lots individually.
Features
- Property Type:
- Multi-Family
- # of Units:5
- Subdivision Name:
- Year Built:
- 2019
- Parking:
- Road Frontage:
- 0
- Acres:11.70
- Gross Income:
- 114,660
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 6
- Sq Ft (Above Ground):
- 1300
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 1300
- Land Description:Country Setting,Pond,Pond Frontage,Water View,Waterfront,Rural
- Elementary School:
- Randolph Elementary School
- Middle School:
- Randolph School UHSD #2
- High School:
- Randolph UHSD #2
- Financing Details:
- Documents Available:
- Access Permit,Aerials,Building Permit,Deed,Septic Design,State Wastewater Permit,Survey,Tax Map,Town Permit
Unit Information
Unit 1
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 384
- Floor:
- Unit Style:
- Park Model
- Monthly Rent:
- 38743.00
Unit 2
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 384
- Floor:
- Unit Style:
- Park Model
- Monthly Rent:
- 32760.00
Unit 3
- #Rooms:
- 3
- #Bedrooms:
- 3
- #Baths:
- 1
- Sq. Ft.:
- 384
- Floor:
- Unit Style:
- Park Model
- Monthly Rent:
- 23829.00
Unit 4
- #Rooms:
- 1
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 200
- Floor:
- Unit Style:
- Yurt
- Monthly Rent:
- 19328.00
Unit 5
- #Rooms:
- 2
- #Bedrooms:
- #Baths:
- Sq. Ft.:
- Floor:
- Unit Style:
- RV Spots
- Monthly Rent:
- 2250.00
Other Information
- List Date:
- 2025-02-18
- Last Updated:
- 2025-02-28 19:53:00
