Rare turnkey multi-unit investment opportunity along Vermontâ??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 â??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 9â??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 â??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 potentialâ??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 amenitiesâ??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.
Hancock is located in Vermont. Hancock, Vermont has a population of 479. Hancock is less family-centric than the surrounding county with 12.6% of the households containing married families with children. The county average for households married with children is 26.02%.
The median household income in Hancock, Vermont is $64,449. The median household income for the surrounding county is $77,978 compared to the national median of $69,021. The median age of people living in Hancock is 32.5 years.
The average high temperature in July is 75.3 degrees, with an average low temperature in January of 5.2 degrees. The average rainfall is approximately 45.3 inches per year, with 111.9 inches of snow per year.
