A rare opportunity to buy a complete investment portfolio. This collaboration of three buildings plus a vacant improved lot is an investors dream. With many of the units currently rented, you can start making money the minute you take possession. This portfolio consists of; a multi-family house with 3 separately rented apartments, totaling $3000/month, plus a vacant storefront; A single family 3-bedroom ranch that is currently rented for $1400/month; A 10,000 square foot hotel that needs interior rehab; and a vacant lot with a grandfathered wastewater system that is ready to be built on. With lovely landscaping throughout, this area boasts a pond with a spring fed sprinkler, lovely mature trees and a quiet country setting. Just minutes to shopping and local employment, these rentals will rarely be vacant and while you're turning a profit, your imagination can be devoted to the lovely grand brick building known as the Clarendon Springs Hotel. This large building has an open footprint that could be converted to suit almost any need, from a Boutique Hotel, A Grand Private Home, A Destination Retail Establishment, A Glamourous Wedding Venue or even more residential units. The opportunities are endless. Clarendon Springs has achieved Downtown Village District designation so Tax Credits and Grants are available through State of VT! 2023-06-24
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
