92 River St, Montgomery, VT 05471

$259,000
2
BD
2
BA
1,334
SqFt

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Listing courtesy of Mary Tryhorne from Ridgeline Real Estate. ()

List Price
$259,000
Status
ACTIVE UNDER CONTRACT
MLS#
5099614
Property Type
Single Family Residence
Bedrooms
2
Bathrooms
2
Living Area
1,334
Lot Size
0.15
Acres
0.15
Year Built
1888

Property 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.

Additional Information

Taxes
$1,961
Listing Agent
Mary Tryhorne
Listing Office
Ridgeline Real Estate
Style
Duplex
Exterior Features
Covered Porch
Interior Features
Ceiling Fans
Water Type
River
Electric
Service - 0 to 100 Amps, Circuit Breakers
Utilities
Cable Available, Telephone
Basement
Unfinished
Foundation
Stone
Sewer
Septic Tank
Roof
Corrugated, Metal
Zoning
Res
Water
Public

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

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