Located at the corner of Main and Church Streets in uptown St. Johnsbury this 46 unit apartment complex couldn't be any handier for folks who want to walk to all the amenities that the town has to offer. Many churches are close by as are the Fairbanks Museum of Natural Science, the St. Johnsbury Athenaeum and Art Gallery, St. Johnsbury Academy with its Art Center and Field House, the St. Johnsbury Senior Center, and other attractions. The fully sprinklered brick structure with elevator has 5 floors of apartments (9 on each floor) and a full basement that is about half finished and has a community room, one apartment and a former dormitory with separate entrance that has 6 bedrooms and 6 bathrooms. That area needs some attention. The roof, the windows, the elevator, and the sprinkler heads have all been replaced in the last 20 years. All floors in the building are hardwood, and the present owner has implemented a system of removing carpets and refinishing the hardwood floors. The project is about 1/3 complete. The apartment descriptions above are for the first floor units. Each floor is nearly identical so consider each floor the same. The property is smoke free, and there is a landscaped courtyard. The income indicated is for the 42 units currently rented. The expenses are the 2023 expenses with a 6% estimated increase since 2024 expenses are not yet available.
Perhaps the Stowe areas most unique property. Located in Morristown, just north of the Stowe town line, exists one of the most unique properties in all of New England. This rustic sanctuary located on 12 private acres, boasts of 4 individual log cabins that create a truly Vermont experience. Each individual cabin has its own personality, ranging from 2 1 bedroom with a loft to 2 cabins with 2 bedrooms each. Each cabin pays special attention to country living and is designed to give renters the full Vermont experience. All cabins include gas heat and hot water, as well as wood stoves. Also, updated kitchens as well as washer and dryer. Lastly, as you are enjoying the solitude of this remarkable experience, each cabin is equipped with wifi to keep you connected to the real world "if necessary". In addition to the 4 log cabins, the property consists of a 500 sq ft. tiny home (no utilities at this point) a 2-car garage, 2 barns, 2 chicken coops, 4 woodsheds 1 trash shed (Bears not included) 1 wood fired sauna in the woods. This property is completely private, yet it is minutes to Stowe Village and all the area amenities including skiing, swimming, hiking and biking. Whether you are looking for a family compound or an investment property which could include 4 rental units, wedding destination or retreats (yoga or corporate, etc) this property has endless potential. This property is Airbnb Grandfathered. Please no drive-bys. Refer to documents included for additional information
Check out the Revised Profit and Expenses document. This apartment complex is the epitome of 'well kept up' with some special touches to each apartment. It's in town close to restaurants, a laundromat, a country store, post office, ski area, and the rail trail. Though it's in town, the back yard is quiet and private with room for raised garden beds. The buildings have vintage character combined with modern updates. The back building was built in 1990 with quality materials. Each unit has its own heating units and hot water heater. All buildings have been well insulated. The main building was built in 1840 and has beautiful woodwork and wood floors. Who can't resist that wrap-around porch?! The garage, also built in 1990, is spacious with plenty of storage, but if it isn't enough, there is a storage shed! There are 4 apartments with 2 bedrooms. The fifth unit is a one bedroom apartment over the garage. This is a topnotch apartment complex in a very desirable location.
Discover an exceptional investment opportunity with this recently constructed multi-family property, located in the Moscow area of Stowe. Featuring two thoughtfully designed apartments, this property offers modern comfort and convenience. The 2 Bedroom apartment showcases a bright, open-concept layout, where a stylish island kitchen seamlessly blends with the spacious living area. A convenient powder room adds to the first floor, while upstairs, two bedrooms and a flexible bonus room would be perfect for a home office. A full bathroom and in-unit laundry complete the upper level. Additionally, a lower level storage space provides ample room for outdoor gear. The 1 bedroom apartment offers a contemporary kitchen and bath with a versatile lower-level entertainment space, ideal for movie nights with friends. This property is in a sought after location in Stowe and provides easy access to I-89.
6 unit multi-family apartment building for sale in Stowe Village. This property is located directly across the street from the Stowe Public Safety Building. All 6 units are currently rented with long term leases to quality tenants. Significant room to increase rents. Buyer could also consider converting some or all of the units to commercial or short term rentals. Current owner has owned for 10 years with very little vacancy. Listing agent is a member of 109 Main LLC, which owns the building. Please allow 48 hours notice for showings.
The North End Apartments are for sale. Well maintained rental units located in beautiful Stowe, Vermont. Great opportunity to own a well appointed investment property. Newer roof, septic, appliances, hot water heater and paint. Garage bay for each unit and a spot in front of each garage, as well as another area for visitor parking. Large beautiful trees in the front yard and a level fenced in back yard located behind the garages with fire pit and area for a garden. The lay out of this building helps create a very serene and cozy feel to this apartment complex. The strong need for housing make this property a must see!
Discover the perfect blend of modern design and convenient living with these two spacious side-by-side duplexes, built in 2020 and 2022, situated on 8+ picturesque acres just north of Waterbury Village. This 4-unit rental property boasts modern finishes throughout, including fully equipped kitchens with dishwashers, in-unit laundry, and attached 2-bay garages for each apartment. With its prime location along Route 2, tenants will enjoy easy access to local amenities, while the generous acreage provides a peaceful setting. These well-maintained units offer an excellent opportunity for investors seeking reliable rental income and long-term value in a high-demand area. Don’t miss out on this rare package deal in one of Vermont's most desirable rental markets! Showings begin on Saturday, 10/26.
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