Description
Classic Stowe Brick Farmhouse with Rental Income & Investment PotentialCurrently a lucrative rental, this classic Stowe brick farmhouse offers a unique combination of character, flexibility, and income potential, and is ready for your vision and future updates. Ideally situated close to all of Stowe’s amenities, this special property is part of a small, planned community with a shared septic system, private shared lane, and no rental restrictions. The main house is currently configured as four separate bedroom suites, each with its own private bath, along with a shared kitchen, living/dining area, and basement laundry. An upstairs room with its own living room has been refreshed with new paint and an updated bathroom. The home also features newer flooring upstairs, newer windows, a repointed brick exterior, and two gas fireplaces. The self-contained, two-story accessory apartment offers additional flexibility and privacy, with a large sunny deck, beautiful slope views, sunroom/office, and its own washer and dryer. The downstairs unit has been updated with new framing and drywall, and electrical rewiring and other electrical work have been completed throughout portions of the house over the years. The property also benefits from a boarding home permit through the city/county, providing additional flexibility for its current use. Buyers should verify permitting and allowable uses with the appropriate municipality. From its classic brick exterior to its versatile multi-unit layout, this property presents an excellent opportunity for an investor, owner-occupant, or buyer looking to create a distinctive Stowe property with multiple rental spaces.
Details
| MLS # | 5104455 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Year | 1830 |
| Days On Site | 8 |
| Listing Provided By | Rusty Nail Real Estate | Bobby Roberts |
Features
| Basement | Y |
|---|---|
| Story(s) | 2 |
| Units | 5 |
| Zoning | residential |
| Acreage | 4.00 |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling | None |
| Heating | Propane, Hot Water |
| Appliances | Owned Water Heater |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Construction Materials | Wood Frame, Brick Exterior |
| Foundation Details | Stone |
| Lot Features | Landscaped, Mountain View, Near Shopping, Near Skiing |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Cable Available, Propane |
|---|---|
| Electric | Circuit Breakers |
| Sewer | On-Site Septic Exists, Shared |
Area Information
| State | VT |
|---|---|
| County | Lamoille |
| City | Stowe |
| Zip Code | 05672 |
| Area | VT Lamoille |
| Listing VS Median (in 05672) | |
Price: $1,100,000 low | high Med: $899,000 On site: 8 low | high Med: 833 | |
Market Activity 05672
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Learn More About This Property
| State | VT |
|---|---|
| County | Lamoille |
| City | Stowe |
| Zip Code | 05672 |
| Area | VT Lamoille |
| Listing VS Median (in 05672) | |
Price: $1,100,000 low | high Med: $899,000 On site: 8 low | high Med: 833 | |
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