Excellent investment opportunity in the heart of Montgomery Center, just minutes from Jay Peak Resort. This well maintained two unit property has been successfully operated as a vacation rental and offers outstanding income potential, a flexible investment opportunity, or the option to live in one unit while renting the other. Located on a quiet, paved street just behind Main Street, the property enjoys a peaceful setting with very little traffic while remaining within easy walking distance of restaurants, cafés, the local market, shops, Spa Vermont, the Vermont Salt Cave, and other village amenities. The upper unit is accessed through the right-side entrance and features an open concept living, dining, and kitchen area, one bedroom, plus a bonus sleeping area with bunk beds, creating additional space for guests. The lower unit offers a comfortable one bedroom layout with a cozy living room, making both units ideal for vacation rentals or long-term occupancy. Guests are drawn to the property's location, just minutes from year round recreation at Jay Peak including skiing, golf, mountain biking, hiking, and the indoor waterpark. The Trout River sits just across the street, where a small sitting area provides the perfect place to enjoy morning coffee or relax by the water after a day of exploring. Offering proven short-term rental appeal, walkable village amenities, year round recreation, and no HOA or condo association fees, this is a rare opportunity to own an income-producing property in one of Northern Vermont's most desirable four season destinations.
| MLS # | 5099614 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (31) Under Contract - Active Under Contract |
| Year | 1888 |
| Days On Site | 38 |
| Listing Provided By | Ridgeline Real Estate | Mary Tryhorne |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| Basement | Y |
| Story(s) | 1 |
| Zoning | Res |
| Acreage | 0.15 |
| Water Front | Yes |
| Rooms Total | 4 |
|---|---|
| Cooling | None |
| Heating | Oil, Hot Air |
| Interior Features | Ceiling Fan(s) |
| Appliances | Dryer, Microwave, Electric Range, Gas Range, Refrigerator, Washer |
| Exterior Features | Covered Porch |
|---|---|
| Roof | Corrugated, Metal |
| Construction Materials | Wood Frame |
| Foundation Details | Stone |
| Lot Features | In Town, Neighborhood |
| Garage Yes / No | No |
|---|
| Utilities | Cable, Phone |
|---|---|
| Electric | 100 Amp Service, Circuit Breakers |
| Sewer | On-Site Septic Exists |
| Tax Annual Amount | 1961.16 |
|---|---|
| Tax Year | 2025 |
| State | VT |
|---|---|
| County | Franklin |
| City | Montgomery |
| Zip Code | 05471 |
| Area | VT Franklin |
| Listing VS Median (in 05471) | |
Price: $259,000 low | high Med: $0 On site: 38 low | high Med: | |
| State | VT |
|---|---|
| County | Franklin |
| City | Montgomery |
| Zip Code | 05471 |
| Area | VT Franklin |
| Listing VS Median (in 05471) | |
Price: $259,000 low | high Med: $0 On site: 38 low | high Med: | |