$863,000
Don’t miss this outstanding chance in the Upper Valley! This meticulously maintained former Vermont hotel comprises two buildings situated on a single parcel, featuring a total of eight residential units along with two rented storage spaces. The unit configuration includes four studio apartments, three one-bedroom units, and one two-bedroom residence, catering to a variety of housing needs and demonstrating robust rental demand.
Realtor Comments
Conveniently located just 22 minutes from Hanover, NH, this property combines accessibility with a country setting. The buildings sit on a spacious lot with a large backyard, creating privacy and outdoor enjoyment for tenants. Recent upgrades (2020) include new windows, all-new plumbing supply lines, pressure tank, water softener, added insulation, four new kitchens, four new Rinnai heaters, and improvements to a relatively new septic system, ensuring efficient and low-maintenance operation for years to come. Tenants pay their own electric, and six of the eight units pay their own heat, keeping owner expenses minimal. The property also features on-site coin-operated laundry for tenant convenience. This is a turnkey investment with a strong income stream and proven rental historyperfect for investors seeking stable returns in a desirable Upper Valley location. Listing agent has an ownership interest in the property.
- 8bath
- Circa 1954
- Property Listing
- Google Maps
1675 US-5, East Thetford, VT 05043
