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General Property Information
- Price:
- $1,000,000
- County:
- VT-Addison
- Acres:
- 1.00
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 2
- Agency/Brokerage:
- Lisa Friedman
Great American Dream Realty
Rare turnkey multi-unit investment opportunity along Vermont’s scenic Route 100 corridor. This versatile 3,874 SF (4,954 total) property functions as two fully independent residences connected by a breezeway - with options for 1 or 2 more apartments —ideal for short-term rentals, co-living, group housing, or owner-occupied income generation such as a home office. The property offers 16 rooms including 9–10 bedrooms and 3.5 baths, offering strong capacity for rental optimization and multiple revenue streams. Previously operated as a licensed Level 3 assisted living facility, the property features infrastructure suited for commercial or institutional use, including a sprinkler system, backup generator, and high-speed internet. Extensively updated since 2022, improvements include new roof, boiler, flooring, fresh interior paint, and updated appliances —minimizing near-term capital expenditures. The main residence offers 4 bedrooms, 1.5 baths, a large kitchen, formal dining room, living room, enclosed porch, deck, and oversized laundry/storage area. The auxiliary residence includes a first-floor suite with accessible bath and common living space and 2-3 bedrooms, plus a separate 3-bedroom second-floor apartment with full bath, kitchenette, recreation room, and deck. A 1,080 SF walk-up attic provides significant upside potential—ideal for a future primary suite or additional rental unit (subject to approvals). Situated on a level 1-acre lot with mountain views and parking for 10+ vehicles, the property sits directly across from Hancock Town Green and within walking distance to village amenities—enhancing guest appeal and tenant demand. Located within 20-40 minutes of Sugarbush, Mad River Glen, Pico, and Killington, this property is well-positioned for year-round rental income driven by skiing, golfing, hiking, and seasonal tourism. Ideal for investors seeking a flexible, income-producing asset with immediate usability and long-term upside.
Features
- Property Type:
- Multi-Family
- # of Units:2
- Subdivision Name:
- Year Built:
- 1900
- Parking:
- Road Frontage:
- 142
- Acres:1.00
- Gross Income:
- 0
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 0
- Sq Ft (Above Ground):
- 3874
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 3874
- Land Description:Corner,Country Setting,Level,Major Road Frontage,Mountain View,Open,Trail/Near Trail,View,In Town,Near Golf Course,Near Paths,Near Skiing,Near Snowmobile Trails,Valley,Near ATV Trail
- Elementary School:
- Middle School:
- Choice
- High School:
- Choice
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 8
- #Bedrooms:
- 4
- #Baths:
- 2
- Sq. Ft.:
- 0
- Floor:
- 1-2
- Unit Style:
- House
- Monthly Rent:
- 0.00
Unit 2
- #Rooms:
- 8
- #Bedrooms:
- 6
- #Baths:
- 2
- Sq. Ft.:
- 0
- Floor:
- 1-2
- Unit Style:
- House
- Monthly Rent:
- 0.00
Other Information
- List Date:
- 2026-05-02
- Last Updated:

























































