2325 Vt Rte 215 South
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27 photos

$600,000

2325 Vt Rte 215 South
Cabot, VT 05647
Listed by Cameron North · EXP Realty
Bedrooms
6
Bathrooms
2
Living area
N/A
Year built
1890

About this home

A well known property, MapleCrest Farm, tucked into rolling hills and surrounded by mature trees, this 6-bedroom, 2-bath home offers a rare combination of charm, opportunity, and income potential. While the house needs some love, its bones and location make it a compelling project for the right buyer, the property's solar income stream sets it apart from anything else on the market. Currently, a local maple producer leases space for a vacuum station, and utilizes approximately 100 taps of the owners trees. The producer would love to continue this arrangement, and is open to discussion. The possibility also exists for purchaser to start their own operation with potential for 400 to 500 taps available on the property. All you can eat maple syrup can be yours! Trails wind through the property, perfect for hiking, snowmobiling, or simply enjoying the scenery. A solar farm lease currently operates on the property. The lease has roughly 12 years remaining, after which, there's a strong opportunity to renegotiate a new contract and increased monthly payments, which is an amazing long-term asset for an investment minded buyer. The home is already set up to function as two apartments (main floor and upstairs), with the layout allowing for a possible third unit, ideal for multi-generational living, rental income, or an owner-occupied duplex/triplex setup. The additional outbuildings & storage include a 2-car garage, one multi bay building with a truck carport at 16' x 27', woodshed/equipment bay at 20' x 27', and a side unit at 9' x 20', which has been used for firewood and furnace storage. This is a property for the buyer who wants more than just a house, such as a working landscape with future income, flexible living arrangements, and room to make it their own. Act fast as this property won't last long.

Property details

MLS #
5095409
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
48
On market date
N/A
Stories
N/A
Garage spaces
2
Lot size
47.96 acres
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Est. monthly payment
$3,763/mo
$120,000 down
$480,000 loan
Principal & interest$3,113
Property tax (est.)$500
Home insurance (est.)$150

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