$899,000 | $114 per sq.ft. | MLS# 5020518
A
20
Unit Multi Family Home, 3806 B Vermont Route 11 Londonderry VT
With 17 - One Bedroom Units | 2 - Two Bedroom Units | 1 - Three Bedroom Units
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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.
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Annual Expenses
Taxes: $7,887 |
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Income
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FEATURES AND DETAILS
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CONSTRUCTION: Wood Frame | Price Per SQ.FT. 113.77 | Year Built: 1962 |
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LAND DESCRIPTION:
LOT DESCRIPTION: Country Setting | Landscaped | Mountain View | View |
Livable Space: 7902 Above Grade Sq.Ft.: 7002 Below Grade Sq.Ft.: 900 Foundation: Concrete Heating: Baseboard | Wall Furnace Cooling: None HeatFuel: Gas - LP/Bottle | Oil Electric: 200 Amp | Circuit Breaker(s) Style: Detached | Hotel | Multi-Family | Other Roof: Metal Water: Drilled Well Sewer: 1000 Gallon | Leach Field | Septic
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Lot size: 3.6 acres Zoned: C Surveyed: Unk Flood Zone: Unknown Seasonal: No Roads: Public Driveway: Gravel |
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ADDITIONAL INFORMATION
Taxes $7,887 | Assesed Value $366,800 in 2023 |
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SCHOOLS
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15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated October 31st, 2024
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VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
https://www.sec.state.vt.us/media/711742/Mandatory-Consumer-Disclosure-for-a-Non-Designated-Agency-Brokerage-Firm-9-24-2015.pd
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM
http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf
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