Excellent Investment Opportunity Provost Farms is a unique investment opportunity in the North East Kingdom. Ten acres of unused commercial land and the historic barn with development potential The barn has great potential for an event venue with amazing post and beam features. The original farmhouse was renovated in 2012-2013 into 5 apartments and the separate workshop was renovated into 2 apartments. All recently updated insulation, electricity, plumbing, heating, flooring, walls, septic system and drilled well. The original intricate woodwork, medallion ceiling, 16 inch Victorian floor boards and exposed beams have been preserved. There are two 4-stall carports with individual storage for bicycles, tires and all your winter toys. The extensive landscaping with lavish gardens, rolling hills and easy stroll to a beautiful stream and waterfall makes you feel miles away in a country setting yet it is only 2 miles to Derby, 7 miles to Newport, and 1.5 hours to both Burlington or Montreal. Excellent location to access the VT Association of Snow Travelers (VAST) trails, minutes from both Jay Peak and Burke Mountain for year round entertainment. The rental history is excellent with professional tenants. This is an amazing opportunity to own a piece of Derby history with viable income. One of the sellers is a VT Realtor.
MLS # 4644597
Courtesy Of Coldwell Banker Hickok & Boardman Realty
† 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.
located at 1035 US Route 5, Derby, VT
is currently for sale.
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