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    • Listing Provided By Cecile Provost with KW Vermont
    DESCRIPTION

    This investment property is the opportunity people dream of! A historic barn with excellent property income that includes 7 residential apartments on 16.36 acres. The house and barn were built in late 1700's which could qualify them for historic preservation grants and tax credits. The house was completely renovated in 2013 with new plumbing, septic, electricity, well, individual furnaces' while paying attention to working with the integrity of the original structure. The original workshop was also gutted and renovated into two one bedroom apartments. The seven apartments range from 600 to 1200 sq ft and have their own electric and heating systems which opens the door to possibly create condo units with an association for all maintenance. The existing acres are commercially zoned, currently being used as agriculture land while renting some of the barn for storage. Having both Residential 2 and commercial zoning with this property offers many possibilities for the 8 acres of open land and barn. Provost Farms offers a country way of life that allows for privacy and community interaction. The tenants enjoy access through open fields to a brook or petting the sheep grazing on the hillside, and access to your own vegetable garden. Meandering through the extensive perennial flower gardens and sitting around the campfire are often the preferred way to end the evenings. A place to relax, chat and enjoy mother nature. One of the sellers is the selling agent.

    KEY DETAILS
    • Price:
    • $995,000
    • Bedrooms:
    • 11
    • Full Baths:
    • 11
    • Square Footage:
    • 6,750
    • Acreage:
    • 16.36
    • Year Built:
    • 1783
    • MLS #:
    • 4856919
    • Street Address:
    • 1035 Us Route 5
    • City:
    • Derby
    • State:
    • VT
    • Postal Code:
    • 05829
    • County:
    • Orleans
    • Listing Status:
    • For Sale - Active

    Building

    • Basement Access:
    • Walkout
    • Basement Description:
    • Bulkhead, Concrete, Crawl Space, Dirt Floor, No Tenant Access, Unfinished
    • Building Color:
    • White
    • Construction Description:
    • Wood Frame
    • Construction Status:
    • Existing
    • Exterior Features:
    • Balcony, Barn, Fence - Partial, Garden Space, Handicap Modified, Shed, Storage
    • Finished Above Ground Square Footage:
    • 6750
    • Finished Square Feet:
    • 6750
    • Flooring:
    • Combination, Hardwood, Laminate, Vinyl, Wood
    • Foundation:
    • Fieldstone, Poured Concrete, Stone
    • Has Basement:
    • Yes
    • Number Of Units:
    • 7
    • Siding:
    • Aluminum, Metal, Vinyl Siding, Wood
    • Stories:
    • 3
    • Style:
    • Farmhouse, Multi-Family, Multi-Level
    • Total Building Square Footage:
    • 7950
    • Type Of Roof:
    • Metal
    • Unfinished Basement Square Footage:
    • 1200
    • Unit1 Bathrooms:
    • 2
    • Unit1 Bedrooms:
    • 2
    • Unit1 Square Footage Range:
    • 1200
    • Unit1 Total Rooms:
    • 6
    • Unit2 Bathrooms:
    • 2
    • Unit2 Bedrooms:
    • 2
    • Unit2 Square Footage Range:
    • 1275
    • Unit2 Total Rooms:
    • 6
    • Unit3 Bathrooms:
    • 1
    • Unit3 Bedrooms:
    • 1
    • Unit3 Square Footage Range:
    • 600
    • Unit3 Total Rooms:
    • 3
    • Unit4 Bathrooms:
    • 2
    • Unit4 Bedrooms:
    • 2
    • Unit4 Square Footage Range:
    • 1200
    • Unit4 Total Rooms:
    • 6
    • Unit5 Bathrooms:
    • 2
    • Unit5 Bedrooms:
    • 2
    • Unit5 Square Footage Range:
    • 1200
    • Unit5 Total Rooms:
    • 6
    • Unit6 Bathrooms:
    • 1
    • Unit6 Bedrooms:
    • 1
    • Unit6 Square Footage Range:
    • 625
    • Unit6 Total Rooms:
    • 3
    • Unit7 Bathrooms:
    • 1
    • Unit7 Bedrooms:
    • 1
    • Unit7 Square Footage Range:
    • 625
    • Unit7 Total Rooms:
    • 3
    • Year Built:
    • 1783

    Business

    • Gross Income:
    • 95052
    • Net Operating Income:
    • 67062
    • Operating Expense:
    • 27990

    Land

    • Conforms To Zoning:
    • Commercial And R2
    • Lot Description:
    • Country Setting, Farm, Field/Pasture, Hilly, Landscaped, Major Road Frontage, Open, Stream
    • Lot Square Footage:
    • 712642
    • Road Frontage:
    • 300
    • Road Type:
    • Paved, Public

    Listing

    • Days On Market:
    • 16
    • Excluded:
    • All Items/Furniture In Apt 3, Barn, Garden Shed And Carport Are Not Included. The Barn Is Sold As Is.

    Money

    • Price Per Square Foot:
    • 147.41
    • Property Taxes:
    • $9,863
    • Tax Year:
    • 2020

    Structures

    • Driveway:
    • Circular, Gravel, Paved
    • Garage Capacity:
    • 8
    • Garage Description:
    • Assigned, Auto Open, Other
    • Garage Type:
    • Carport
    • Has Garage:
    • Yes
    • Parking Description:
    • Assigned, Off Street, On-Site, Parking Spaces 6+, Paved, Visitor, Covered

    Systems

    • Electricity:
    • Circuit Breaker(s)
    • Existing Water:
    • Drilled Well
    • Heating:
    • Baseboard, Energy Star System, Forced Air, Hot Water, Individual, Monitor Type
    • Heating Fuel:
    • Gas - Lp/Bottle, Oil
    • Sewage Type:
    • 1500+ Gallon, Leach Field - On-Site, Septic, Septic Design Available
    • Water Heater:
    • On Demand, Owned

    Source

    VMONT
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