Total rehab is needed on this 2 unit St Johnsbury property but the price is right and renovation funding is available through The Vermont Housing Improvement Program (VHIP). This funding is to renovate vacant, code-deficient, or underutilized rental housing. It offers 5- or 10-year forgivable loans, typically up to $50,000 per unit, to bring units up to code and increase affordable housing. Property is lender-owned, is being sold “as-is”, and seller makes no representations or warranties.
Welcome to 28 Pleasant Street! This building offers 3 units; a 2 bedroom, a one bedroom, and a studio apartment. You could live in one and rent the other two, to help with the mortgage; or rent out all three. Whether you are looking to start or add to your retail investment portfolio, this is one that you may want to see.
Seize a rare opportunity to own a versatile multi-unit property at the base of the Von Trapp Family Lodge hill in Stowe, VT, ideally positioned for activities in all seasons.This prime location features a cozy 60-seat restaurant and bar, complete with a picturesque outdoor stone patio that offers stunning views, perfect for après-ski gatherings in winter, and enjoying warm breezes & soft natural lighting in spring & summer. Designed for multi-use, this property is well-suited for various business ventures, capitalizing on the vibrant winter tourism that attracts both locals and visitors. The fully equipped commercial kitchen is ready for a seamless transition, allowing you to cater to the seasonal influx of guests and skiers eager for warm meals and drinks after a day of outdoor fun. Additionally, the property includes four one-bedroom residential units that present excellent potential for supplemental income, making it a smart investment during the busy winter months. With ample two-level parking available, your guests will have convenient access to everything this location has to offer. Located at the intersection of Barrows Rd and Luce Hill Rd, this property enjoys high visibility and is sure to be a lively hub, especially during the winter season. Don’t miss this exceptional chance to invest in a multi-unit, multi-use property in one of Stowe’s most desirable destinations!
Renovated and highly versatile property within the village of St. Johnsbury with strong income potential and future upside. Major improvements have already been completed, including a new basement, updated electrical, plumbing, blown-in insulation, all new Energy Star windows throughout the home, a new roof, and 4 electric meters for expanded flexibility. The finished first floor offers 3 bedrooms and 1 full bath with shared access to the kitchen, bathroom, dining room, and living room. This layout has previously supported both long-term rentals and short-term furnished housing for traveling professionals, with bedrooms rented individually for $1,200 per month. The property offers excellent flexibility with interior access to the second and third floors, a private entrance to the second floor, and both interior and walk-out access to the basement. Once completed, the current 2-unit configuration offers the potential for approximately 2,272 finished square feet. Additional attic and basement areas bring the gross building area to over 4,600 square feet, providing substantial space for storage, utility, workshop use, or possible future expansion, subject to permitting and approvals. Conveniently located near downtown amenities, shopping, schools, major routes, and regional employers including nearby hospitals, this property is well suited for furnished rentals, long-term housing, or owner-occupancy. St. Johnsbury is a high school choice community, including access to the prestigious St. Johnsbury Academy.
This is an opportunity to own a fully leased income property in Cambridge Village, which includes a federal US Post Office, numerous improvements, and stable, long-term tenants. Cambridge is considered a bedroom community to Chittenden County and serves as the crossroads between St. Albans and points north and east toward major ski areas and the spine of the Green Mountains. With all the region has to offer, this property is situated right at the corner of everything happening in town.
If you have ever thought about testing your property management skills this property could be the answer. With only two residential units and a simple retail space, it would be easy to keep things straight forward. Come see for yourself.
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