2853 Route 5 Derby, VT SOLD

$725,000
Acres 11.25
Photo of 2853 Route 5 Derby VT 05829

Sold By

Russell Ingalls, RE/MAX All Seasons Realty - Lyndonville



Description

Great opportunity waiting at your door. Formerly used as a 23 bed nursing home . Most recently used as a residence for displaced individuals. Now it is waiting for your ideas. Well maintained building with 13 bedrooms currently and 13 baths, plus 2 shower rooms. Plus spacious living areas and 3 kitchens. All on a level waterfront 11.25 acre parcel with 456 feet on Derby Pond. Picturesque setting with a long drive on 1 side and Derby Lake behind hit. No possession before June 1st. Sprinklered. Direct VAST trail access.


Listed by Conley Country Real Estate & Insurance, Michael Conley
Sold by RE/MAX All Seasons Realty - Lyndonville, Russell Ingalls

Details

MLS 4982508
Price $725,000
Status Closed
DOM 297 days
Type Commercial
Lot Size 11.25 acres
Year Built 1840

Lot & Building Features

Utilities Cable
Construction Vinyl Siding, Wood Frame
Sewer Public
Tax Year 2023
Water Public
Basement Description Bulkhead, Storage Space, Stairs - Interior, Slab, Exterior Access, Crawl Space, Concrete Floor, Concrete
Foundation Concrete, Stone
Lot Description Lake Access, Waterfront, Water View, Pond Frontage, Level, Landscaped, Lake View, Lake Frontage
Roof Shingle - Asphalt

Map

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Financing

$
20%
1%
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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