1573 US Route 5 South Barnet, VT

$379,950
Acres 24.35
Photo of 1573 US Route 5 South Barnet VT 05821




Description

This property has been largely updated over the years. Situated on just over 24 acres in the village of Barnet, this former Bed & Breakfast could easily be reopened as a Bed & Breakfast offering 4 rooms immediately, and 3 additional could be brought online with a few updates. If the new owner desires a Bed & Breakfast, the seller is willing to help guide the new owner through the process of reopening. The possibilities are many with this property. Boasting 2 kitchens, this could be a quaint bakery / coffee shop, or a relaxing destination wellness center and day spa. There are four porches overlooking the property's 24 landscaped and wooded acres. The grounds could be opened to expand to additional guest cottages privately situated in the woods. The property is very well suited for solar, organic gardening, or an equine therapy retreat. There is an unfinished space is the lower level of the former barn that is prepped for radiant heat and awaiting completion. The Old Homestead is conveniently located close to Interstate 91, and 93. From the Inn you have only a twelve minute commute to St Johnsbury and the world renowned St. Johnsbury Academy, and an hour to Dartmouth College and Medical Center in Hanover, Montpelier, or the Canadian border. This property is very near the Kingdom Trails, excellent skiing, hiking, kayaking, and all of Vermont’s natural beauty. This operation could be turn key, or slight adjustments would make this a very strong income property.


Listed by RE/Max Heritage, Mathew Ghafoori 802-748-7808

Details

MLS 5047290
Price $379,950
Status Active
DOM 334 days
Type Commercial
Lot Size 24.35 acres
Year Built 1850
Taxes Paid $6,285

Lot & Building Features

Utilities None
Construction Wood Siding, Wood Frame
Cooling None
Heating Alternative Heat Stove, Oil, Baseboard, Propane
Sewer Private
Tax Year 2023
Taxes Paid $6,285
Water Public
Basement Description Storage Space, Walkout, Interior Stairs, Unfinished, Full
Foundation Brick, Stone
Lot Description Landscaped, Wooded, Country Setting, Level
Roof Standing Seam, Metal, Asphalt Shingle

Map

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Financing

$
20%
1.6541650217134%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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