Investment Opportuity in Londonderry (Multi-Family)

7113 Route 100Londonderry, VT 05148MLS Number 4975800

  • Sale Price: $320,000
  • 180 Days Since Sale
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Federal 30-year interest rate: 6.89% last updated on Jul 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 22.5Acreage
  • 2Bathrooms
  • 1900Year Built
  • 2,752Square Feet

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Listed by Claudia Harris of Mary Mitchell Miller Real Estate (Cell: 802-379-0347)

Listing Sold by Mary W. Davis Realtor & Assoc., Inc.
This is an interesting investment opportunity just waiting for your creative ideas! The turn-of-the-century farmhouse was converted to a multi-family property in 1995 and now features two units - the 3BR main house and a 1BR in-law or guest suite. The main house has a large country kitchen and dining area, spacious living room with pellet stove, one bedroom and a bath on the ground level; and upstairs are two more bedrooms and a bonus room or den/office. The in-law unit has its own kitchen, living/dining area with pellet stove and mini-split for A/C and heat, bathroom with laundry hookups, deck, one bedroom, plus a large loft upstairs. There is an oversized two-car garage under the house with a workshop area, utilities and a second area with laundry hook-ups. With a total of 22.5 acres, there is frontage on both Route 100 as well as off a short private road (Cliff's Lane), where there is a second building site with a drilled well, electric to the site, and a 3BR Vermont wastewater permit. There is the potential for subdivision or the construction of an accessory dwelling unit, and it will be up to the future owner(s) to best utilize this pretty property with multi-use options, new construction possibilities and mountain views. This is a project for the right person with lots of potential reward!

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