Rare opportunity to acquire a fully occupied 6-unit multifamily property in Stowe Village. Located on South Main Street directly across from the Stowe Public Safety Building, this long-held income property includes four 1-bedroom units and two 2-bedroom units, with public water, public sewer, on-site parking, propane direct-vent heat, and a strong rental history with limited vacancy under current ownership. The property currently produces scheduled gross rent of $100,200/year, with current financials available upon request. Recent life-safety, fire-safety, and renovation work has been completed following Department of Fire Safety review, giving buyers a more complete and current property package. This is a straightforward Stowe income property with stable existing tenants, current cash flow, public utilities, and durable long-term rental demand in one of Vermont’s strongest resort market. A strong option for investors seeking scale, location, and long-term rental demand in Stowe. Showings require at least 48 hours’ notice due to tenant occupancy. Listing broker is a member of the ownership LLC.
85 days
|
128
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4
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Zillow last checked:
Listing updated:
Listed by:
Graham Mink,
Mink Realty802-505-6633,
Kelley Ruane,
Mink Realty
Source: PrimeMLS,MLS#: 5090691
Facts & features
Interior
Bedrooms & bathrooms
Full bathrooms: 6
Heating
Propane, Direct Vent, Wall Units
Cooling
None
Appliances
Included: Propane Water Heater, Owned Water Heater
Features
Flooring: Carpet, Laminate, Vinyl, Vinyl Plank
Basement: Unfinished,Walk-Out Access
Interior area
Total structure area: 3,910
Total interior livable area: 3,220 sqft
Finished area above ground: 3,220
Finished area below ground: 0
Property
Parking
Parking features: Gravel
Features
Levels: 3
Patio & porch: Porch, Covered Porch
Exterior features: Deck
Frontage length: Road frontage: 170
Lot
Size: 0.45 Acres
Features: In Town
Details
Zoning description: VR
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Vinyl Siding
Foundation: Concrete
Roof: Metal
Condition
New construction: No
Year built: 1900
Utilities & green energy
Electric: Circuit Breakers, On-Site
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Propane, Satellite, Phone Available, Phone