On 4 acres, back and above the highway, this well known motel has a great business and large owners' quarters. It has evolved to being mostly rented by the week with very little turnover. For the last 2 years it's averaged about 92% occupancy. With this lucrative home and business, the owner only spends about 10 hours a week actually running the business. It's perfect for and owner occupied business or an investor could put a manager in place in exchange for management and the housing. This evolved motel provides a much needed service for long term guests looking to simplify their lives with refrigerators, microwaves, utilities, WiFi, cable TV and phone included in the price. The spot is ideal with pretty grounds and a private fenced yard for the owner. The owners' quarters includes a large lobby with fireplace, eat-in kitchen, living room, 2 bedrooms, full tiled bathroom, laundry and spa room with hot tub, shop and garage. 2012 NOI over $95k and 2013 numbers are up considerably.
Off market
Street View
$884,400
829 Marlboro Rd, Brattleboro, VT 05301
--beds
0baths
4,774sqft
MultiFamily
Built in 1957
-- sqft lot
$884,400 Zestimate®
$185/sqft
$1,739 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Electric, Oil
Appliances
- Included: Trash compactor
Interior area
- Total interior livable area: 4,774 sqft
Property
Features
- Exterior features: Wood
- Has view: Yes
- View description: Mountain
Lot
- Size: 4 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1957
Community & neighborhood
Location
- Region: Brattleboro