Affordability pricing you out? Considering house hacking? Looking to add another horse to the stable? 104-106 Bear Trap is a unique opportunity for homeowners and investors alike, one where privacy, practicality, and convenience coincide. The tranquil lot offers plentiful yard space for gardening, recreation, and enjoying evening fires with friends and family, yet secluded enough that your neighbors are unlikely to stop by for a cup of sugar. This duplex has been continuously improved and boasts a long term rental history as well as utilities broken out by unit. A new oil furnace, flooring, light fixtures, appliances, kitchen updates, and electrical upgrades throughout most recently. This insanely convenient jumping off location makes travel for work or pleasure such a breeze and is a great upsell to future tenants. Less than a 5 minute drive to the Sand Bar State Park or Lamoille River Access Area, ~20 minutes to Burlington, St. Albans, or the Grand Isle Ferry.
Introducing "Bear Creek I" – an exceptional investment opportunity in the heart of this vibrant town. This 6-unit condominium project seamlessly combines the best of community living and individual ownership. Whether you're looking to secure your financial future or make a quick return on your investment, "Bear Creek I" is tailor-made for you. Each of these 2-bedroom, 1.5-bath units is a haven for renters, featuring coveted amenities that make them highly sought-after. A private garage ensures your tenants vehicle is safe and sound, while ample storage space simplifies their life. Step out onto the back deck and savor peaceful moments and enjoy the convenience of in-unit washer/dryer hookups. The spacious and well-designed open floor plan, with approximately 1,100 square feet of living space in each unit, creates a welcoming atmosphere that's perfect for entertaining or simply relaxing. But what truly sets "Bear Creek I" apart is its flexibility. Purchase all six units as a package for a compelling addition to your rental portfolio or choose to sell individual units to suit your unique needs. Your options are as limitless as the potential returns. This prime location offers the best of town living, with everything you need just moments away. Don't miss out on this golden opportunity to own a piece of this wonderful town's future. Act now and make these desirable units at "Bear Creek I" your own – the choice is yours.
Over a 10% cap rate on this 18 units with 31 bedrooms! The five buildings sit on 2.05 acres. Most of the units have been completely gutted and redone with all new electrical, plumbing, flooring, kitchens & baths.
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