1460 Main Street Waitsfield, VT
$1,169,000
Beds 10
Baths 11
Square Footage 6,199
Acres 3.30
Description
Incredible opportunity to own a historic and profitable rental property in the quaint Mad River Valley. A short drive to iconic ski areas, incredible restaurants and all the recreational opportunities one could ask for. This app. 5,500 sq. foot former bed and breakfast facility boasts a strong recent track record as a vacation rental. There are 9 bedrooms, 8 full baths, 2 half baths to accommodate large family and group gatherings. Coupled with numerous sitting rooms, a large multi-purpose room upstairs and a fantastic dining room and kitchen. The facility oozes old-Vermont farmhouse charm, but has been retrofitted for energy efficiency with mini-split units in each bedroom, energy efficient insulation work has been completed, as well as updated HVAC and fireplace inserts. Solar power, parking for EV's and a wonderful outdoor garden space are all waiting your personal touch. There is an additional caretaker's cabin with 2 br, 2ba and a loft to compliment the larger facility. This caretaker cabin is currently leased to tenants who help manage the facility through July 2025. This is a solid investment for a family, or group of families who enjoy skiing, biking, great food and all the incredible opportunities that the Vermont lifestyle affords.
Listed by Flat Fee Real Estate, Matt Havers
Details
MLS 5005691
Price $1,169,000
Status Active
DOM 146 days
Type Single Family
Style Colonial
Beds 10
Total Baths 10 full, 1 half baths
Square Feet 6,199 sqft
Lot Size 3.30 acres
Year Built 1859
Taxes Paid $17,891
Lot & Building Features
Utilities Cable - Available
Construction Wood Frame
Cooling Mini Split
Heating Baseboard
Sewer Private, Septic
Tax Year 2024
Taxes Paid $17,891
Water Dug Well, Private
Basement Description Unfinished
Foundation Block, Stone, Concrete
Lot Description Landscaped, Wooded, Major Road Frontage
Roof Metal
Total Rooms 19
Garage No
Full Baths 10
Half Baths 1
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Financing
$
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.