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Rare turnkey multi-unit investment opportunity along Vermont’s scenic Route 100 corridor. This versatile 3, 874 SF (4, 954 total) property functions as two fully independent residences connected by a breezeway - with options for 1 or 2 more apartments —ideal for short-term rentals, co-living, group housing, or owner-occupied income generation such as a home office. The property offers 16 rooms including 9–10 bedrooms and 3. 5 baths, offering strong capacity for rental optimization and multiple revenue streams. Previously operated as a licensed Level 3 assisted living facility, the property features infrastructure suited for commercial or institutional use, including a sprinkler system, backup generator, and high-speed internet. Extensively updated since 2022, improvements include new roof, boiler, flooring, fresh interior paint, and updated appliances —minimizing near-term capital expenditures. The main residence offers 4 bedrooms, 1. 5 baths, a large kitchen, formal dining room, living room, enclosed porch, deck, and oversized laundry/storage area. The auxiliary residence includes a first-floor suite with accessible bath and common living space and 2-3 bedrooms, plus a separate 3-bedroom second-floor apartment with full bath, kitchenette, recreation room, and deck. A 1, 080 SF walk-up attic provides significant upside potential—ideal for a future primary suite or additional rental unit (subject to approvals). Situated on a level 1-acre lot with mountain views and parking for 10+ vehicles, the property sits directly across from Hancock Town Green and within walking distance to village amenities—enhancing guest appeal and tenant demand. Located within 20-40 minutes of Sugarbush, Mad River Glen, Pico, and Killington, this property is well-positioned for year-round rental income driven by skiing, golfing, hiking, and seasonal tourism. Ideal for investors seeking a flexible, income-producing asset with immediate usability and long-term upside.
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/8/2026Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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William Raveis Real Estate
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $800,000 | $800,000 | $800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $668 | $668 | $668 |
| H/O Insurance Payment | TBD | TBD | TBD |
| Initial Principal & Interest Pmt | $4,418 | $4,796 | $6,643 |
| Total Monthly Payment | $5,178 | $5,464 | $7,311 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.