Description
Rare turnkey multi-unit investment opportunity along Vermont’s scenic Route 100 corridor. This versatile 3,874 SF (4,954 total) property functions as two fully independent residences connected by a breezeway - with options for 1 or 2 more apartments —ideal for short-term rentals, co-living, group housing, or owner-occupied income generation such as a home office. The property offers 16 rooms including 9–10 bedrooms and 3.5 baths, offering strong capacity for rental optimization and multiple revenue streams. Previously operated as a licensed Level 3 assisted living facility, the property features infrastructure suited for commercial or institutional use, including a sprinkler system, backup generator, and high-speed internet. Extensively updated since 2022, improvements include new roof, boiler, flooring, fresh interior paint, and updated appliances —minimizing near-term capital expenditures. The main residence offers 4 bedrooms, 1.5 baths, a large kitchen, formal dining room, living room, enclosed porch, deck, and oversized laundry/storage area. The auxiliary residence includes a first-floor suite with accessible bath and common living space and 2-3 bedrooms, plus a separate 3-bedroom second-floor apartment with full bath, kitchenette, recreation room, and deck. A 1,080 SF walk-up attic provides significant upside potential—ideal for a future primary suite or additional rental unit (subject to approvals). Situated on a level 1-acre lot with mountain views and parking for 10+ vehicles, the property sits directly across from Hancock Town Green and within walking distance to village amenities—enhancing guest appeal and tenant demand. Located within 20-40 minutes of Sugarbush, Mad River Glen, Pico, and Killington, this property is well-positioned for year-round rental income driven by skiing, golfing, hiking, and seasonal tourism. Ideal for investors seeking a flexible, income-producing asset with immediate usability and long-term upside.
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10BEDS
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1ACRES
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2BATHS
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01/2 BATHS
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3,874SQFT
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$258$/SQFT
Description
Rare turnkey multi-unit investment opportunity along Vermont’s scenic Route 100 corridor. This versatile 3,874 SF (4,954 total) property functions as two fully independent residences connected by a breezeway - with options for 1 or 2 more apartments —ideal for short-term rentals, co-living, group housing, or owner-occupied income generation such as a home office. The property offers 16 rooms including 9–10 bedrooms and 3.5 baths, offering strong capacity for rental optimization and multiple revenue streams. Previously operated as a licensed Level 3 assisted living facility, the property features infrastructure suited for commercial or institutional use, including a sprinkler system, backup generator, and high-speed internet. Extensively updated since 2022, improvements include new roof, boiler, flooring, fresh interior paint, and updated appliances —minimizing near-term capital expenditures. The main residence offers 4 bedrooms, 1.5 baths, a large kitchen, formal dining room, living room, enclosed porch, deck, and oversized laundry/storage area. The auxiliary residence includes a first-floor suite with accessible bath and common living space and 2-3 bedrooms, plus a separate 3-bedroom second-floor apartment with full bath, kitchenette, recreation room, and deck. A 1,080 SF walk-up attic provides significant upside potential—ideal for a future primary suite or additional rental unit (subject to approvals). Situated on a level 1-acre lot with mountain views and parking for 10+ vehicles, the property sits directly across from Hancock Town Green and within walking distance to village amenities—enhancing guest appeal and tenant demand. Located within 20-40 minutes of Sugarbush, Mad River Glen, Pico, and Killington, this property is well-positioned for year-round rental income driven by skiing, golfing, hiking, and seasonal tourism. Ideal for investors seeking a flexible, income-producing asset with immediate usability and long-term upside.
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Courtesy of Lisa Friedman of Great American Dream Realty: Cell: 802-777-2345.