11/31 Stagecoach Rd Stowe, VT 05672
$650,000

11/31 Stagecoach Rd Stowe, VT 05672 by Pall Spera Company Realtors-Stowe $650,000
11/31 Stagecoach Rd Stowe, VT 05672 by Pall Spera Company Realtors-Stowe $650,000
11/31 Stagecoach Rd Stowe, VT 05672 by Pall Spera Company Realtors-Stowe $650,000
11/31 Stagecoach Rd Stowe, VT 05672 by Pall Spera Company Realtors-Stowe $650,000
11/31 Stagecoach Rd Stowe, VT 05672 by Pall Spera Company Realtors-Stowe $650,000
11/31 Stagecoach Rd Stowe, VT 05672 by Pall Spera Company Realtors-Stowe $650,000
11/31 Stagecoach Rd Stowe, VT 05672 by Pall Spera Company Realtors-Stowe $650,000
11/31 Stagecoach Rd Stowe, VT 05672 by Pall Spera Company Realtors-Stowe $650,000

 

Listed by George Nelson of Pall Spera Company Realtors-Stowe

Call Four Seasons Sotheby's International Realty Real Estate for more information.

Acreage: 3.2

Year Built: 1803

Square Feet: 4,032

Units: 0

MLS #: 4660643

Active

Property Description

8 unit (1 and 2 BR) apartment building in outstanding location, both for proximity to Stowe, ski area and Morrisville, as well as pastoral setting with large private rear lawn facing Mt Mansfield across the Little River. Tenant list very stable and in high demand. Cap rate at current rental rates (below market) 8%. Projected cap rate at market-adjusted rental rates = 9%!

Property

  • Property Type: Commercial Sale
  • Type: Business, Investment
  • Type Use: Business w/ Real Estate, Historic Building
  • Acreage: 3.2
  • Zoning: RR2
  • Road Frontage: 0
  • Signage: Adequate
  • Lot:
  • Lot SqFt: 139,392
  • Roads:

Location

  • State: VT
  • Street: Stagecoach Rd
  • Building Number: 11/31
  • Zip Code: 05672
  • County: VT-Lamoille
  • Town: Stowe

Building

  • Building SqFt: 0
  • Available SqFt: 4,032
  • Total SqFt: 0
  • Foundation: Fieldstone, Slab - Concrete
  • Construction:
  • Year Built: 1803
  • Units: 0

Utilities

  • Heating: Baseboard, Electric, Hot Water
  • Cooling:
  • Services: Cable - Available, DSL - Available, Gas - LP/Bottle, Internet - Cable

Exterior

  • Roof: Shingle - Fiberglass
  • Exterior: Brick, Clapboard
  • Parking: Driveway, On-Site

Water Body

  • Waterfront: Owned
  • Water Body Name: Little River
  • Water Body Type: River

Amenities

  • Accessibility Features:
  • Commercial Features: Additional Outbuildings

Legal

  • Taxes: $8,336
  • Date Showings Begin:
  • Delayed Showing: No

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Copyright© 2018 The New England Real Estate Network. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 05/21/2018.

Market conditions

Median sale price

$360,000 DOWN -22.91% vs. month ago

Homes for sale

0 No Change vs. month ago

Homes sold

16 UP 77.77% vs. month ago

Average days on market

158 UP 22.48% vs. month ago