Randolph, VT | 3723 Route 14S

$500,000
MLS#: 5009934
3
# of Units
1,152
Total Sq. Feet
5.00
Acres
$8,231
Taxes
1 of 27

General Property Information

Price:
$500,000
County:
VT-Orange
Acres:
5.00
Property Type:
Multi-Family
Property Status:
Active
# of Units:
3
Agency/Brokerage:
Curtis Trousdale
Preferred Properties

Three Park Model homes, each on their own deeded lot! 2023’s net income was approximately $71,000. Potential to increase this by taking on cleaning & management. Other lots available if you wish to expand income opportunity. Seller created this small community and has been running it as rental and AirBnB income property. Three fully developed lots to be sold as a bundle; made up of Lot #8 2.2+/- acres, Beautiful Lancaster Cabin Lakeview Model, 2 BR installed septic, shared spring well, fiber and power. Lot #9 1.7 +/- acres, beautiful Lancaster Cabin Lakeview Model, 1 BR shared septic, shared spring well, DSL and power. Lot #10 1.1+/- Acres, nice Lancaster Cabin Rancher Model, 1 BR shared septic, shared spring well, fiber and power. Excellent roads, driveways, water lines, ECFiber, and DSL lines with shared maintenance among 7 total lots. In 2024, two of the units run as AirBnB and the third is a month to month, income could be increased by converting back to AirBnB. This small community enjoys a shared open recreation area, 0.5+/- acre pond, 22 acres of conserved land and wooded uplands. Make it your summer home while earning income, or your permanent residence. Buy and build on one of the other available lots. Seller-managed and they are willing to teach new owners the ins and outs of the property. Current state/town permits, surveyed, and utility drawings. Future owner may sell these lots individually.

Features

Property Type:
Multi-Family
# of Units:3
Subdivision Name:
Year Built:
2019
Parking:
Road Frontage:
0
Acres:5.00
Gross Income:
106,823
Annual Expenses:
0
# of Gas Meters:
# of Electric Meters:
0
Sq Ft (Above Ground):
1152
Sq Ft (Below Ground):
0
Total Sq Ft:
1152
Land Description:Country Setting,Pond,Pond Frontage,Water View,Waterfront
Elementary School:
Randolph Elementary School
Middle School:
Randolph School UHSD #2
High School:
Randolph UHSD #2
Financing Details:
Documents Available:
Access Permit,Aerials,Building Permit,Deed,Septic Design,State Wastewater Permit,Survey,Tax Map,Town Permit

Unit Information

Unit 1

#Rooms:
3
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
384
Floor:
Unit Style:
Park Model
Monthly Rent:
34830.00

Unit 2

#Rooms:
2
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
384
Floor:
Unit Style:
Park Model
Monthly Rent:
32539.00

Unit 3

#Rooms:
2
#Bedrooms:
2
#Baths:
Sq. Ft.:
384
Floor:
Unit Style:
Park Model
Monthly Rent:
1675.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-08-15
Last Updated:
2024-08-15 20:37:12

Stowe Office

Joni Gaines

(P) 802.253.9771
(F) 802.253.9993
email

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