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6519 VT Route 30, Townshend, VT 05353

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For Sale

$775,000

10 beds • 7 baths • 6,150 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $126.02
    Price per square foot

  • New Construction, Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Rarely available investment opportunity with assumable low cost debt consisting of a single family house and 5 cabins on over 5 acres in scenic Townshend, Vermont. Centrally located between Stratton Ski Resort, Mt. Snow and Brattleboro, these units are poised and ready for turn-key take over. 5 of the 6 homes are either new construction or gut renovated in the last year by the owner. Properties can also be used as short term rentals given proximity to some of Southern Vermont's finest recreational opportunities. The property is being sold at an 10% cap valuation, and the buyer can assume low cost fixed rate bank debt at 5.6% with a 10 year fixed term. The large lot has its own septics and wells to support all 6 units that include the large 2-bedroom, 2-bathroom main house alongside five charming cabins. The main house is large and open, with an inviting deck and tons of lawn space. The main house could be used as a primary residence, or as a long term or short term rental. The charming cabins, complete with private bathrooms, kitchenettes, and outdoor seating areas, provide the opportunity for significant long term and/or short-term reliable high rental income, in this sought-after Vermont location. Tenants pay their own utilities keeping income reliable and will allow the new owner to avoid the costs of ever increasing utility prices. The seller can also sell the adjacent lot with six additional multifamily units, all renovated to the highest standards.
MLS# 4975950

Courtesy Of eXp Realty LLC

(833) 388-2480

Property Features

  • Age
    New Construction, Over 50 Years Old
  • Amenities
    Basement
  • Architecture Style
    Other
  • Heating Fuel
    Natural Gas, Oil
  • Heating System
    Baseboard, Wall Unit
  • Lot Size
    2.58 Acres
  • Roof Type
    Metal
  • Rooms
    Basement, Bedroom, Full Bath

Map and Directions

Directions to 6519 VT Route 30, Townshend, VT 05353

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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