Description
RARELY AVAILABLE: Renovated 5-Unit Multi-Family in Coveted Taber Hill Neighborhood. Discover an exceptional investment opportunity in one of Stowe’s most sought-after luxury locations. This beautifully renovated 5-unit multi-family property offers a rare combination of Vermont charm, modern updates, and proven rental performance. Each unit has been thoughtfully designed with stylish finishes, hardwood floors, exposed brick, and contemporary furnishings, creating a warm and inviting atmosphere. Fully turnkey, the property boasts two years of strong short-term rental history, generating over $287,000 annually with significant upside potential. The property features a spacious backyard, offering each unit the opportunity for private gatherings. Ample storage and parking are available for residents' convenience. Building-wide capital expenditures have been recently addressed, including the roof, electric and plumbing. Scenic views of the famous Stowe Pinnacle, along with proximity to hiking trails and Stowe Land Trust-conserved land, further enhance its appeal. Located just 2 minutes from Historic Stowe Village, this property allows easy access to restaurants, shops, and year-round recreation. Already established as a condominium, there is flexibility for future resale of individual units. Move to purchase this property before April to maintain it's ability to Short Term Rental before the Town of Stowe installs restrictions.
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8BEDS
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10.05ACRES
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5BATHS
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01/2 BATHS
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5,092SQFT
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$491$/SQFT
School Ratings & Info
Description
RARELY AVAILABLE: Renovated 5-Unit Multi-Family in Coveted Taber Hill Neighborhood. Discover an exceptional investment opportunity in one of Stowe’s most sought-after luxury locations. This beautifully renovated 5-unit multi-family property offers a rare combination of Vermont charm, modern updates, and proven rental performance. Each unit has been thoughtfully designed with stylish finishes, hardwood floors, exposed brick, and contemporary furnishings, creating a warm and inviting atmosphere. Fully turnkey, the property boasts two years of strong short-term rental history, generating over $287,000 annually with significant upside potential. The property features a spacious backyard, offering each unit the opportunity for private gatherings. Ample storage and parking are available for residents' convenience. Building-wide capital expenditures have been recently addressed, including the roof, electric and plumbing. Scenic views of the famous Stowe Pinnacle, along with proximity to hiking trails and Stowe Land Trust-conserved land, further enhance its appeal. Located just 2 minutes from Historic Stowe Village, this property allows easy access to restaurants, shops, and year-round recreation. Already established as a condominium, there is flexibility for future resale of individual units. Move to purchase this property before April to maintain it's ability to Short Term Rental before the Town of Stowe installs restrictions.
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Courtesy of Smith Macdonald Group of Coldwell Banker Carlson Real Estate: .