$2,800,000 ($523.85 per sqft)

Est. Mortgage $13,430/mo *

Quick Pre-Approval

Listing courtesy of Erik Reisner, Mad River Valley Real Estate erik@mrvre.com


3209 German Flats Road, #1, 2, & 3, Warren, VT, 05674

3209 German Flats Road, #1, 2, & 3, Warren, VT, 05674

25 rooms

10 beds

1 Full / 9 three-quarter baths

1987

Condex, Conversion

5,345 sqft

Own an iconic property in the Mad River Valley. The Mad House Rentals, previously known as the Common Man Restaurant, is a distinguished barn property that has been completely renovated from a restaurant into three luxury condominium units. This location is ideally situated between Lincoln Peak and Mount Ellen, with winter access to the Mad Bus and hiking right outside your door in the summer. These units have been in operation since 2019 and have an excellent income producing rental history. All three units are approximately 2000 square feet each, and have the following appointments: Impeccably furnished with smart TV’s in every room, Ensuite Primary Bedrooms (one unit having 3 bedroom suites), Full Kitchens, Laundry areas, A/C in two units, Ski lockers, Hot tubs, and Outside patios w/grills. Whether you're a single family or several families, this is a great chance to own a high-end Mad River Valley property and earn income at the same time. Full-time investors can expect strong annual income from this property. Come discover the unique and endless opportunities that this property has to offer.


Status:

Active

Type:

Condo/Townhome/Coop

Units:

3

Zoning:

VR

Frontage:

360

Complex:

Mad House CondosMad House Condos

Heating:

Propane, Baseboard, Hot Water, Mini Split

Cooling:

Multi Zone, Mini Split

Basement:

Concrete Floor, Insulated, Partial, Storage Space, Unfinished, Exterior Access

Acreage:

0.9

Est. Taxes:

$19,966

Lot Description:

Condo Development,Country Setting,Landscaped,Near Golf Course,Near Paths,Near Skiing

Amenities:

Building Maintenance, Master Insurance, Landscaping, Snow Removal, Trash Removal

Elementary School:

Warren Elementary School

Middle School:

Harwood Union Middle/High

High School:

Harwood Union High School

School District:

Washington West

MLS #:

5058378


Community Info

School Info

Walk Score

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