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Listed by Bobby Roberts • Rusty Nail Real Estate
$1,100,000
Est. payment /mo
3,544 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,544 sqft
Price per Sqft $310
MLS Listing ID 5104455
Construction Status Existing
Year Built 1830
Lot Size 4.000 Acres
Acres 4.0
Property Description
Classic Stowe Brick Farmhouse with Rental Income & Investment Potential Currently a lucrative rental, this classic Stowe brick farmhouse offers a unique combination of character, flexibility, and income potential, and is ready for your vision and future updates. Ideally situated close to all of Stowe's amenities, this special property is part of a small, planned community with a shared septic system, private shared lane, and no rental restrictions. The main house is currently configured as four separate bedroom suites, each with its own private bath, along with a shared kitchen, living/dining area, and basement laundry. An upstairs room with its own living room has been refreshed with new paint and an updated bathroom. The home also features newer flooring upstairs, newer windows, a repointed brick exterior, and two gas fireplaces. The self-contained, two-story accessory apartment offers additional flexibility and privacy, with a large sunny deck, beautiful slope views, sunroom/office, and its own washer and dryer. The downstairs unit has been updated with new framing and drywall, and electrical rewiring and other electrical work have been completed throughout portions of the house over the years. The property also benefits from a boarding home permit through the city/county, providing additional flexibility for its current use. Buyers should verify permitting and allowable uses with the appropriate municipality. From its classic brick exterior to its versatile multi-unit layout, this property presents an excellent opportunity for an investor, owner-occupant, or buyer looking to create a distinctive Stowe property with multiple rental spaces.
Location
State VT
County Vt-lamoille
Area Vt-Lamoille
Zoning residential
Rooms
Basement Entrance Interior
Basement Bulkhead, Storage Space, Unfinished, Walkout
Interior
Cooling None
Flooring Carpet, Wood
Exterior
Utilities Available Cable Available, Propane
Roof Type Asphalt Shingle
Building
Story 2
Sewer On-Site Septic Exists, Shared
Architectural Style Apartment Building, Farmhouse
Construction Status Existing
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