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Desription

Investor opportunity just 8 miles from Jay Peak Resort! This well-maintained, updated property on 2.2 acres offers strong income potential with a flexible layout. The main level features ten 55+ efficiency units, each with a kitchenette, full bath, and private deck. A spacious 2-bedroom unit with an open-concept living area is perfect for an owner-occupant or on-site manager. Shared amenities include a large common room with brick fireplace, sunroom, commercial kitchen, laundry area, and storage. Additional buildings include a single bay detached garages and a large barn. Paved parking with EV charger in front; mountain views and pasture out back. Recent upgrades: 2020 boiler, improved sprinkler system, and electrical updates. Income figures listed are projected. With potential (may require zoning approval) for uses like staff housing, wellness retreat, spa, short term rentals, assisted living or traditional rentals, this property is a versatile asset in the heart of Vermont’s Northeast Kingdom.

Infomation

  • Number of Units: 11
  • Living Area: 7220 SqFt
  • Total Area: 7340 SqFt
  • Lot Size: 2.20 Acres
  • Year Built: 1967
  • Stories: 1.5
  • Basement: Concrete Floor,Partially Finished,Interior Stairs,Unfinished
  • Roof: Shingle
  • Construction:
  • Taxes: $15390.19
  • Heating Fuel/Type: /Oil,Baseboard,Hot Water,Multi Zone
  • Water Heater:
  • Water:
  • Sewer: On-Site Septic Exists
  • Listing Office: Century 21 Farm & Forest
  • Listing Agent: Nicholas Maclure

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