Description
4 condo units being sold together as a great residential package investment opportunity! Rent them, live in one and/or sell them off individually. This offering includes 4 of 5 units in a charming condo development walkable to downtown, the hospital, and shopping, and minutes from I-91 and the Memorial Park with ski/sledding hill and skating rink! Unit 5 has been sold. The property includes a spacious shared yard, off-street parking, and a strong rental history"currently generating approximately $7,000/month. All units are fully furnished and tenant-occupied, except one that is mid-renovation. The owner was informed by the town that the lot may support construction of an additional home, offering further upside. Unit 1 is a large 2BR/1BA with walk-in pantry, washer/dryer, mudroom, private side porch, and oil heat. Unit 2 is a cozy 1BR+ with an office, walk-in pantry and porch. Unit 3 is a 2BR under renovation with gas heat, a spacious living room, and a private front porch. Unit 4 is an updated 1BR/1BA in excellent condition with electric heat. All units have strong rental potential and charming details like clawfoot tubs, porches, designated storage and vintage finishes. A solid turnkey investment with room to grow"for hands-on owners or portfolio investors alike. Located in a desirable neighborhood and close to area ski resorts!
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0BEDS
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0.37ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
4 condo units being sold together as a great residential package investment opportunity! Rent them, live in one and/or sell them off individually. This offering includes 4 of 5 units in a charming condo development walkable to downtown, the hospital, and shopping, and minutes from I-91 and the Memorial Park with ski/sledding hill and skating rink! Unit 5 has been sold. The property includes a spacious shared yard, off-street parking, and a strong rental history"currently generating approximately $7,000/month. All units are fully furnished and tenant-occupied, except one that is mid-renovation. The owner was informed by the town that the lot may support construction of an additional home, offering further upside. Unit 1 is a large 2BR/1BA with walk-in pantry, washer/dryer, mudroom, private side porch, and oil heat. Unit 2 is a cozy 1BR+ with an office, walk-in pantry and porch. Unit 3 is a 2BR under renovation with gas heat, a spacious living room, and a private front porch. Unit 4 is an updated 1BR/1BA in excellent condition with electric heat. All units have strong rental potential and charming details like clawfoot tubs, porches, designated storage and vintage finishes. A solid turnkey investment with room to grow"for hands-on owners or portfolio investors alike. Located in a desirable neighborhood and close to area ski resorts!
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Courtesy of Erica Reynolds of Southern Vermont Realty Group: .