List Price: $695,000 | $535 per sq.ft. Multi Family A 5 Unit Multi Family Home
With 4 One Bedroom Units , 0 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Tuesday Feb 18, 2025 | MLS# 5029654
With 4 One Bedroom Units , 0 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Tuesday Feb 18, 2025 | MLS# 5029654
5 Lots - 3 Cabins - Yurt - (2) RV Connections
Homes on Lots 8, 9 , & 10
Homes on Lot 8, 9, & 10
Lot 8 Aerial
Home on Lot 8
Lot 8 Cabin
Lakeview Floor Plan - Could Differ
Lots 9 & 10
Home on Lot 10
Lot 8 From Pond
Lot 8 Kitchen
Lot 8 Living Room
Lot 8 Sitting Area
Lot 8 Bath
Lot 9 Cabin
Lot 9 Deck
Lot 9 Dining Area
Lot 9 Kitchen
Lot 9 LIving
Lot 9 Sitting Area
Lot 10 Cabin
Rancher Floor Plan - Could Differ
Pond Area
The Pond
To see this Listing
Address: 282 Community Drive Randolph VT
Listed by Curtis Trousdale Preferred Properties Off: 802-862-9106
Description:
High earning AirB&B investment village! These 5 lots totaling 11.7 +/- acres are located in the beautiful mountains of South Randolph, VT, just minutes from VT I-89. There are three lots each with their own Park Model home, another lot with a fantastic Yurt and quant bath house, and a fifth lot with two RV spaces. All have septic, power, water and highspeed internet. The lot with the RV spots is over 5 acres and includes an open grassy field, pond and garden area making for a wonderful community AirB&B experience. Gross income for the development was (2023 - $125,746 and 2024 - $116,914). Plenty of potential to increase income with additional cabins, moving a month-to-month renter to AirB&B and placing cabins on the RV spots. Three additional bedrooms of unused septic capacity is already installed. Current owner outsources his cleaning & communications, doing your own could increase net by over 13K per year. There are two other lots available if you wish to expand income opportunity or build your own home. The seller created this small community and has been running it as rental and AirB&B income property, he is ready to slow down in retirement and ready to travel but is willing to teach new owners the ins and outs of the property. Current state/town permits, surveyed, and utility drawings are available, but there is a boundary modification being made and this will be completed before closing. Future owners may sell these lots individually. Operating Expenses : Heat,Insurance,Maintenance,Professional Management,Snow Removal,Trash,Utilities,Water
Annual Expenses
Taxes: $0
Taxes: $0
Income
Gross Income | $114,660
Gross Income | $114,660
Appliances : Water Heater – Electric
UNIT 1 INFORMATION
Beds: 1
Baths: 1
Rooms: 3
Sq.Ft.: 384
Info : Appliances Included,Heat,Porch,Porch - Screened,Range - Electric,Refrigerator,Smoke Detector,Water Heater
Rent : 38743.00 Annually
Lease Term : Short Term
Signed Lease : No
UNIT 2 INFORMATION
Beds: 1
Baths: 1
Rooms: 3
Sq.Ft.: 384
Style : Park Model
Info : Appliances Included,Furnished,Heat,Microwave,Porch,Porch - Screened,Range - Electric,Refrigerator
Rent : 32760.00 Annually
Lease Term : Short Term
Signed Lease : No
UNIT 3 INFORMATION
Beds: 1
Baths: 1
Rooms: 3
Sq.Ft.: 384
Style : Park Model
Info : Appliances Included,Deck,Heat,Hot Water,Microwave,Range - Electric,Refrigerator,Water Heater
Rent : 23829.00 Annually
Lease Term : Month to Month
Signed Lease : No
Status : Leased
UNIT 4 INFORMATION
Beds: 1
Baths: 1
Rooms: 1
Sq.Ft.: 200
Style : Yurt
Info : Electric,Heat,Hot Water
Rent : 19328.00 Annually
Lease Term : Short Term
Construction: Log Siding Exterior
Year Built: 2019
Style: Cabin | Manuf/Mobile | Yurt
Floors | Stories: 1
No. Elevators:
Total Sq.Ft. Finished: 1300
Above Grade Sq.Ft.: 1300
Foundation: Gravel/Pad
Year Built: 2019
Style: Cabin | Manuf/Mobile | Yurt
Floors | Stories: 1
No. Elevators:
Total Sq.Ft. Finished: 1300
Above Grade Sq.Ft.: 1300
Foundation: Gravel/Pad
Exterior Features:
Porch | Porch - Screened
Roof: Corrugated | Metal
Garage And Parking: Driveway
Seasonal: No
Porch | Porch - Screened
Roof: Corrugated | Metal
Garage And Parking: Driveway
Seasonal: No
Heating: Electric | Heat Pump
Cooling: Mini Split
Electric: Circuit Breaker(s)
Trash: Owner
Utilities: Telephone Available
Electric Meters: 6
Water: Spring
Sewer: On-Site Septic Exists | Private | Septic | Septic Design Available | Shared
Cooling: Mini Split
Electric: Circuit Breaker(s)
Trash: Owner
Utilities: Telephone Available
Electric Meters: 6
Water: Spring
Sewer: On-Site Septic Exists | Private | Septic | Septic Design Available | Shared
Land Information
Country Setting | Pond | Pond Frontage | Water View | Waterfront | Rural
Lot size: 11.7 acres
Zoned: Rural Ag)
Surveyed: Yes
SurveyedBy: American Survey
Flood Zone: No
Driveway: Gravel
Country Setting | Pond | Pond Frontage | Water View | Waterfront | Rural
Lot size: 11.7 acres
Zoned: Rural Ag)
Surveyed: Yes
SurveyedBy: American Survey
Flood Zone: No
Driveway: Gravel
Additional Information
Docs Available : Access Permit | Aerials | Building Permit | Deed | Septic Design | State Wastewater Permit | Survey | Tax Map | Town Permit
ROW Length: 2000
ROW Width: 50
Row For Other Parcel: Y
Taxes $0
Assesed Value Not Reported
Docs Available : Access Permit | Aerials | Building Permit | Deed | Septic Design | State Wastewater Permit | Survey | Tax Map | Town Permit
ROW Length: 2000
ROW Width: 50
Row For Other Parcel: Y
Taxes $0
Assesed Value Not Reported
Schools
School District: Orange Southwest
Elementary School: Randolph Elementary School
Middle School: Randolph School UHSD #2
High School: Randolph UHSD #2
School District: Orange Southwest
Elementary School: Randolph Elementary School
Middle School: Randolph School UHSD #2
High School: Randolph UHSD #2
