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977 Taber Hill Rd Stowe, VT 05672

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For Sale
$2,500,000

Turnkey, renovated 5-unit multifamily property with strong rental history.

Lot size:
10.05 Acres

Property Features for 977 Taber Hill Rd

General Information

Property type
Investment
Standard status
Active
Lot size
10.05 Acres

Building Details

Year built
1980

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Listing Contact
Smith Macdonald Group
Smith Macdonald Group
Source: Elliman

Listing Agent: Smith Macdonald Group

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Renovated 5-Unit Stowe Multifamily Property

This renovated 5-unit multifamily property is located in the Taber Hill neighborhood. Each unit features stylish finishes, hardwood floors, exposed brick, and contemporary furnishings. The property has a two-year short-term rental history, generating over $287,000 annually. The property features a spacious backyard and ample storage and parking. Building-wide capital expenditures have been recently addressed, including the roof, electric and plumbing. It offers scenic views of Stowe Pinnacle, along with proximity to hiking trails and Stowe Land Trust-conserved land. Located 2 minutes from Historic Stowe Village, it allows easy access to restaurants, shops, and year-round recreation. Already established as a condominium, there is flexibility for future resale of individual units. The property offers a combination of Vermont charm, modern updates, and proven rental performance.
Location Intelligence

Current Use by Public Records

JCR Properties Hotel & Motel

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Hotel & Motel Food Market Accounting Firm Grocery & Convenience Store Bar & Pub Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Stowe
County
Lamoille
State
Vermont
Longitude
-72.6656843
Latitude
44.4592854

FAQs

What type of property is this?
Apartment building - Turnkey, renovated 5-unit multifamily property with strong rental history.
Where is this apartment building located?
The property is located at 977 Taber Hill Rd Stowe, VT.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: - High Income Potential: Proven short-term rental history generating over $287,000 annually.; - Prime Location: Coveted Taber Hill neighborhood, 2 minutes from Stowe Village, with scenic views and access to outdoor recreation.; - Turnkey & Renovated: Fully furnished, renovated units with stylish finishes, hardwood floors, and exposed brick.
More about this property
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