Listed By EXP Realty, Kate Barry
Phone: 603-547-0852
6519 VT ROUTE 30 Townshend, VT 05353
$775,000
—
Bedrooms
—
Total Baths
—
Full Baths
6,150
Square Feet
2.58
Acres
1950
Year Built
Active
Status
MLS#
4975950
Rarely available investment opportunity with assumable low cost debt consisting of a single family house and 5 cabins on over 5 acres in scenic Townshend, Vermont. Centrally located between Stratton Ski Resort, Mt. Snow and Brattleboro, these units are poised and ready for turn-key take over. 5 of the 6 homes are either new construction or gut renovated in the last year by the owner. Properties can also be used as short term rentals given proximity to some of Southern Vermont's finest recreational opportunities. The property is being sold at an 10% cap valuation, and the buyer can assume low cost fixed rate bank debt at 5.6% with a 10 year fixed term. The large lot has its own septics and wells to support all 6 units that include the large 2-bedroom, 2-bathroom main house alongside five charming cabins. The main house is large and open, with an inviting deck and tons of lawn space. The main house could be used as a primary residence, or as a long term or short term rental. The charming cabins, complete with private bathrooms, kitchenettes, and outdoor seating areas, provide the opportunity for significant long term and/or short-term reliable high rental income, in this sought-after Vermont location. Tenants pay their own utilities keeping income reliable and will allow the new owner to avoid the costs of ever increasing utility prices. The seller can also sell the adjacent lot with six additional multifamily units, all renovated to the highest standards.
Details for 6519 VT ROUTE 30
*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
Listing Office EXP Realty, 833-388-2480
MLS# 4975950
Updated 7:59AM - 4/30/2024
Listing Agent Kate Barry
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