Property Description
An Established Vermont Rental Investment ? Nine Rental Units, Multiple Income Streams, and Room to Grow! Discover a unique investment opportunity in Clarendon, Vermont! Set on 3.3 acres of beautifully maintained grounds, open lawns, and scenic mountain views, this established income-producing property offers an appealing combination of residential variety, rental history, and future potential. The property features nine rental units, including an attractive, three-bedroom home, seven freestanding one-bedroom cottages, and a clean, well-maintained mobile home. The main residence enjoys its own setting, separate from the cottages, and features an updated kitchen and bath, hardwood flooring, comfortable living spaces, and a detached two-car garage. The seven freestanding cottages are arranged along a gently curving drive, each offering its own entrance and outdoor space, creating a pleasant, neighborhood-like atmosphere. Several have benefited from improvements, while others offer opportunities for additional renovations and potential income growth. An additional two-car-garage-sized storage building offers valuable space for maintenance equipment, furniture, tools, and supplies. The mobile home provides another well-maintained rental residence. With an established history of long-term tenants, this property offers multiple sources of rental income and the opportunity to build upon an existing rental operation. Separate utilities for each unit add to its investment appeal. Conveniently located just minutes from shopping, employment, medical services, and amenities, the property combines a peaceful Vermont setting with convenient access to everyday necessities. Whether you're an experienced investor expanding your portfolio or someone seeking an established income-producing property, 3019 Route 7B offers an attractive combination of existing income, residential diversity, and room for future growth.
Property Features
Property Type: Multi Unit - Multiple
Basement: Concrete, Concrete Floor
Cooling: None
Garage: 2
Heating: Propane, Oil, Baseboard, Hot Air, Hot Water, Individual
Home Style: Cabin, Farmhouse, Manuf/Mobile, Multi-Family
Lot Size: 3.30 Acres
Roof Type: Corrugated, Shingle
Stories: 2.0
Taxes: $9,146
Year Built: 1925
Feature Descriptions
Construction: Wood Frame, Vinyl Siding
Days on Site: 16
Driveway: Gravel, Paved
Driveway: Gravel, Paved
Electric: Circuit Breaker(s)
Exterior: Wood Frame, Vinyl Siding
Flood Zone: Unknown
Flooring: Carpet, Combination, Hardwood, Vinyl Plank
Foundation: Concrete
Foundation: Concrete
Lot: Country Setting, Level, Major Road Frontage, Mountain View
Parking: Detached, Off Street, Parking Spaces 11 - 20, Paved, Unpaved
Roads: Public Maintained Road
Sewer: Private, Septic, Shared
Total Stories: 2
Units: 9
Water: Drilled Well
Zoning: Res/Ag
3019 Vermont 7b | MLS# 5115492
This multi-family property located at 3019 Vermont 7b, Clarendon, VT 05759 is currently listed for sale with an asking price of $769,000. Vermont 7b is located within the Mill RIver USD 40 school district. Search Clarendon real estate on patrickcooper.masiellogrouprealestate.com today.