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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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92 River St , Montgomery, VT 05471
$259,000
Est. Payment: $575.56/mo
2 Bed
2 Bath
1334 Sqft
Status: Active Under Contract | Days on site: 8
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House Description

Excellent investment opportunity in the heart of Montgomery Center, just minutes from Jay Peak Resort. This well maintained two unit property has been successfully operated as a vacation rental and offers outstanding income potential, a flexible investment opportunity, or the option to live in one unit while renting the other. Located on a quiet, paved street just behind Main Street, the property enjoys a peaceful setting with very little traffic while remaining within easy walking distance of restaurants, cafés, the local market, shops, Spa Vermont, the Vermont Salt Cave, and other village amenities. The upper unit is accessed through the right-side entrance and features an open concept living, dining, and kitchen area, one bedroom, plus a bonus sleeping area with bunk beds, creating additional space for guests. The lower unit offers a comfortable one bedroom layout with a cozy living room, making both units ideal for vacation rentals or long-term occupancy. Guests are drawn to the property's location, just minutes from year round recreation at Jay Peak including skiing, golf, mountain biking, hiking, and the indoor waterpark. The Trout River sits just across the street, where a small sitting area provides the perfect place to enjoy morning coffee or relax by the water after a day of exploring. Offering proven short-term rental appeal, walkable village amenities, year round recreation, and no HOA or condo association fees, this is a rare opportunity to own an income-producing property in one of Northern Vermont's most desirable four season destinations.

Highlights

Listed by Mary Tryhorne , 802-309-5593 Ridgeline Real Estate , 802-540-1366.

Property Type

Residential

Lot/Acreage
0.15

Year Built

1888

County

Franklin

Listing ID

5099614

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dryer, Microwave, Electric Range, Gas Range, Refrigerator, Washer
Floor:Hardwood,Laminate
Above Ground Sq Ft:1334
Basement:Yes,Unfinished
Other:
  • Additional:Ceiling Fan

Exterior Features

Lot:Existing,Waterfront,Trout River, Waterbody Type: River, Waterbody Access: Exclusively Owned
Zoning:Res
Roof:Corrugated,Metal
Others:
  • Additional:Covered Porch, Directly Adjoining
Sewer:On-Site Septic Exists
Principal Interest
$576
Taxes
$163

Home Price

$259,000

Loan Details

30 yrs
%

Down Payment

20%
$51,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$575.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $575.56 $163.43 $0.00 $738.99
Yearly $6,906.67 $1,961.16 $0.00 $8,867.83
Total $207,200.00 $58,834.80 $0.00 $266,034.80

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Montgomery, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.