3723 Route 14S Randolph VT Multi Family For Sale $500000

List Price: $500,000 | $434 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 2 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Thursday Aug 15, 2024 | MLS# 5009934

Cabin Rental Opportunity

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

Survey

Survey w/ Conservation Area

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603-643-3942

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Address: 3723 Route 14S Randolph VT
Listed by Curtis Trousdale Preferred Properties Off: 802-862-9106
Description:
Three Park Model homes, each on their own deeded lot! 2023's net income was approximately $71,000. Potential to increase this by taking on cleaning & management. Other lots available if you wish to expand income opportunity. Seller created this small community and has been running it as rental and AirBnB income property. Three fully developed lots to be sold as a bundle; made up of Lot #8 2.2+/- acres, Beautiful Lancaster Cabin Lakeview Model, 2 BR installed septic, shared spring well, fiber and power. Lot #9 1.7 +/- acres, beautiful Lancaster Cabin Lakeview Model, 1 BR shared septic, shared spring well, DSL and power. Lot #10 1.1+/- Acres, nice Lancaster Cabin Rancher Model, 1 BR shared septic, shared spring well, fiber and power. Excellent roads, driveways, water lines, ECFiber, and DSL lines with shared maintenance among 7 total lots. In 2024, two of the units run as AirBnB and the third is a month to month, income could be increased by converting back to AirBnB. This small community enjoys a shared open recreation area, 0.5+/- acre pond, 22 acres of conserved land and wooded uplands. Make it your summer home while earning income, or your permanent residence. Buy and build on one of the other available lots. Seller-managed and they are willing to teach new owners the ins and outs of the property. Current state/town permits, surveyed, and utility drawings. Future owner may sell these lots individually. Operating Expenses : Heat,Insurance,Maintenance,Professional Management,Snow Removal,Trash,Utilities,Water

Annual Expenses

Taxes: $8,231

Income
Gross Income | $106,823
NetIncome | $71,131

Appliances : Water Heater � Electric

UNIT 1 INFORMATION

Beds: 2
Baths: 1
Rooms: 3
Sq.Ft.: 384
Info : Appliances Included,Heat,Porch,Porch - Screened,Range - Electric,Refrigerator,Smoke Detector,Water Heater
Rent : 34830.00 Other
Lease Term : Short Term
Signed Lease : No

UNIT 2 INFORMATION

Beds: 1
Baths: 1
Rooms: 2
Sq.Ft.: 384
Style : Park Model
Info : Appliances Included,Furnished,Heat,Microwave,Porch,Porch - Screened,Range - Electric,Refrigerator
Rent : 32539.00 Other
Lease Term : Short Term
Signed Lease : No

UNIT 3 INFORMATION

Beds: 1
Baths: 0
Rooms: 2
Sq.Ft.: 384
Style : Park Model
Info : Appliances Included,Deck,Heat,Hot Water,Microwave,Range - Electric,Refrigerator,Water Heater
Rent : 1675.00 Monthly
Lease Term : Month to Month
Signed Lease : No
Status : Leased

Construction: Log Siding Exterior
Year Built: 2019
Style: Cabin | Manuf/Mobile
Floors | Stories: 1
No. Elevators:
Total Sq.Ft. Finished: 1152
Above Grade Sq.Ft.: 1152
Foundation: Gravel/Pad

Exterior Features:
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:
Water: Spring
Sewer: On-Site Septic Exists | Private | Septic | Septic Design Available | Shared

Schools
School District: Orange Southwest
Elementary School: Randolph Elementary School
Middle School: Randolph School UHSD #2
High School: Randolph UHSD #2

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

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