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 Listed Wednesday Oct 30, 2024 | MLS# 5020518
With 17 One Bedroom Units , 2 - Two Bedroom Units ,1 - Three Bedroom Units Listed Wednesday Oct 30, 2024 | MLS# 5020518
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
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
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
Seasonal: No
Heating: Propane | Oil | Baseboard | Wall Furnace
Cooling: None
Electric: 200 Amp | Circuit Breaker(s)
Utilities: Cable - Available
Electric Meters:
Water: Drilled Well
Sewer: 1000 Gallon | Leach Field | Septic
Cooling: None
Electric: 200 Amp | Circuit Breaker(s)
Utilities: Cable - Available
Electric Meters:
Water: Drilled Well
Sewer: 1000 Gallon | Leach Field | Septic
Land Information
Country Setting | Landscaped | Mountain View | View
Lot size: 3.6 acres
Zoned: C)
Surveyed: Unk
Flood Zone: Unknown
Roads: Public
Driveway: Gravel
Country Setting | Landscaped | Mountain View | View
Lot size: 3.6 acres
Zoned: C)
Surveyed: Unk
Flood Zone: Unknown
Roads: Public
Driveway: Gravel
Taxes $7,887
Assesed Value Not Reported
Schools
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of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the
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consumers for their review and acknowledgment at the appropriate time. These forms can be accessed here:
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM