3806 B Vermont Route 11 Londonderry VT Multi Family For Sale $899000

List Price: $899,000 | $114 per sq.ft. Multi Family A 20 Unit Multi Family Home
With 17 One Bedroom Units , 2 - Two Bedroom Units ,1 - Three Bedroom Units
Date Listed Wednesday Oct 30, 2024 | MLS# 5020518

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Address: 3806 B Vermont Route 11 Londonderry VT
Listed by Flex Realty Group Flex Realty
Description:
This property features a 18-unit motel, that includes two apartment suites, alongside a spacious 3-bedroom, 2-bathroom home, making it a unique investment opportunity. Situated in the charming town of Londonderry, this property is perfectly positioned to attract visitors year-round with its proximity to two of Vermont's most popular ski destinations--Okemo Mountain Resort and Stratton Mountain Resort, offering prime income potential. Okemo Mountain Resort, just a short drive away, is renowned for its friendly atmosphere, extensive trail system, and top-notch snow conditions. Whether guests are avid skiers or simply looking to enjoy the winter scenery, Okemo provides a wide range of activities including skiing, snowboarding, and snowshoeing. Stratton Mountain Resort, also within easy reach, offers a slightly different experience with its charming village, diverse terrain, and vibrant après-ski scene. In addition to winter sports, Stratton is a four-season destination with golf, hiking, and mountain biking opportunities during the warmer months. The motel's proximity to these popular destinations and the combination of commercial and residential spaces presents a lucrative opportunity in a sought-after location.

Annual Expenses

Taxes: $7,887

Income

Construction: Wood Frame
Year Built: 1962
Style: Detached | Hotel | Multi-Family | Other
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 8622
Above Grade Sq.Ft.: 7002
Below Grade Sq.Ft.: 900
Basement: Partial
Foundation: Concrete

Roof: Metal
Seasonal: No

Land Information
Country Setting | Landscaped | Mountain View | View
Lot size: 3.6 acres
Zoned: C)
Surveyed: Unk
Flood Zone: Unknown
Roads: Public
Driveway: Gravel

Additional Information
Taxes $7,887
Assesed Value Not Reported

Schools

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

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