1511 Dover Rd Wardsboro, VT 05355

This exceptional investment opportunity presents a 10.3-acre parcel in Wardsboro, Vermont, featuring an existing 800-square-foot apartment building. Built in 1980, the property is zoned R and boasts a convenient location near major Vermont ski areas, making it ideal for both residential and recreational purposes. The existing structure, while basic, includes a drilled well, electricity, running water, and a functioning septic system – all essential utilities are in place. The cabin-style building offers immediate income potential with upgrades or could be used as a secondary dwelling while a new home is constructed on the expansive lot. The property's substantial size and existing infrastructure provide a solid foundation for various development scenarios, catering to a range of investment strategies. The asking price is $224,000, representing a compelling entry point into the Vermont real estate market. This property presents a unique blend of immediate usability and significant long-term potential, making it an attractive option for discerning investors seeking a versatile and well-situated asset. The property's location near popular ski areas offers strong potential for rental income, catering to both seasonal and year-round residents. The existing structure, while requiring updates, provides immediate value and a solid base for future improvements. The ample land offers significant expansion possibilities, allowing for the addition of new structures or the enhancement of existing amenities.