Turn key investent opportunity! Located in the heart of Randolph Village this 6 unit building is the perfect opportunity for someone to perhaps begin or expand their rental portfolio. An attached barn offers additional rental income with 3 large bays currently rented for winter storage. Properry is being Sold As Is.
This is a large surveyed 1.35 acre in town parcel with river frontage on the Third Branch of the White River. Live in the larger unit which is currently vacant. The smaller unit is occupied and brings in monthly rental income of $700.00. The 3rd unit is in need of completing a rehab project. The property falls in the central business zone. The 3rd unit could be added on to the existing unit to enlarge, finished as a 3rd unit, or possibly be used as a business space.
Three Park Model homes, each on their own deeded lot! 2023â??s net income was approximately $71,000. Potential to increase this by taking on cleaning & management. Other lots available if you wish to expand income opportunity. Seller created this small community and has been running it as rental and AirBnB income property. Three fully developed lots to be sold as a bundle; made up of Lot #8 2.2+/- acres, Beautiful Lancaster Cabin Lakeview Model, 2 BR installed septic, shared spring well, fiber and power. Lot #9 1.7 +/- acres, beautiful Lancaster Cabin Lakeview Model, 1 BR shared septic, shared spring well, DSL and power. Lot #10 1.1+/- Acres, nice Lancaster Cabin Rancher Model, 1 BR shared septic, shared spring well, fiber and power. Excellent roads, driveways, water lines, ECFiber, and DSL lines with shared maintenance among 7 total lots. In 2024, two of the units run as AirBnB and the third is a month to month, income could be increased by converting back to AirBnB. This small community enjoys a shared open recreation area, 0.5+/- acre pond, 22 acres of conserved land and wooded uplands. Make it your summer home while earning income, or your permanent residence. Buy and build on one of the other available lots. Seller-managed and they are willing to teach new owners the ins and outs of the property. Current state/town permits, surveyed, and utility drawings. Future owner may sell these lots individually.
This country home has been lovingly restored, blending the old with the new. It is located on 7 acres of beautiful farm land with a magnificent view of the Green Mountains. The large yard has fruit trees, a large raspberry patch and rhubarb. There are mature lilacs, forsythia, rhododendrons and azeleas as well as many perennials. The large pasture is perfect for horses and one of the three small sheds was originally a chicken coop. The house has a lower apartment unit in the walkout basement, which is filled with light. It includes three rooms, a large entrance and a covered porch. It was totally redone 4 ago and has its own washer and dryer. The apartment has radiant heat and tile floors. The main house is on the upper two floors. There is a large deck entrance leading into a mud room. This level includes a living room, a small nook room, a large country kitchen with dining area, and a bathroom. A large master bedroom is on the upper level, along with a second bedroom and full bath.
Great opportunity to own a home and business in a prime location that's also zoned for commercial! This unique property in the heart of Randolph features a large restaurant on the first level, formerly a successful pizzeria, and a sunny 2-bedroom apartment overlooking downtown above. Great investment potential - rent out both levels or live and work all in one location! The 2nd floor apartment, with a private entrance, features two spacious bedrooms with plenty of closet space and a full bath with laundry. The large kitchen with plenty of wood cabinets and appliances opens into a sun-lit living room with tons of windows overlooking downtown. Another large living area could be used as a home office or media room. The restaurant below includes a large dining room with barn board bar with 16 beer taps, built-in dining booths, and a display case. The fully-equipped commercial kitchen includes a double pizza oven, 2 fryolators, a four-burner range with double oven and grill top, prep stations, 2 industrial freezers, and more - all included in the sale! This property is conveniently located close to services, shops, movie theater, library, and the Amtrak depot. Formerly Al's Pizza, a Randolph favorite!
Randolph is located in Vermont. Randolph, Vermont has a population of 4,715. Randolph is less family-centric than the surrounding county with 26.2% of the households containing married families with children. The county average for households married with children is 26.35%.
The median household income in Randolph, Vermont is $55,882. The median household income for the surrounding county is $56,584 compared to the national median of $57,652. The median age of people living in Randolph is 42.4 years.
The average high temperature in July is 76.2 degrees, with an average low temperature in January of 5 degrees. The average rainfall is approximately 43.1 inches per year, with 92.3 inches of snow per year.
