6519 VT Route 30 Townshend, VT 05353

Price
Not For Sale
Last Update
May 10th, 2024
Type
Off Market
Status
Off Market
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10 Beds
7 Bath
6150 sqft
Off Market

Snapshot

Property Type
Single Family Attached
Lot Size
2.58 acres
Property Sqft
6,150
MLS Number
4975950
Year Built
1950
Days On Market

Description

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.

More Details

Provider
eXp Realty LLC
MLS ID
NNERENNH
MLS Name
PrimeMLS
MLS Number
4975950
Source
listhub
PARTICIPANT
Name
Kate Barry
Primary Phone
(603) 547-0852
Key
3YD-NNERENNH-618608
Email
katebarryteam@gmail.com
BROKER
Name
eXp Realty LLC
Phone
(802) 868-6367
OFFICE
Name
EXP Realty
Phone
(833) 388-2480
Copyright © 2024 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listing Removed For Sale$775,000 $126eXp Realty
Price Changed$775,000 -6.06%$126eXp Realty
Price Changed$825,000 -5.71%$134eXp Realty
Listed For Sale$875,000 $142eXp Realty
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