This property features a 18-unit motel, that includes two apartment suites, alongside a spacious 3-bedroom, 2-bathroom home, making it a unique investment opportunity. Situated in the charming town of Londonderry, this property is perfectly positioned to attract visitors year-round with its proximity to two of Vermont's most popular ski destinationsâ??Okemo Mountain Resort and Stratton Mountain Resort, offering prime income potential. Okemo Mountain Resort, just a short drive away, is renowned for its friendly atmosphere, extensive trail system, and top-notch snow conditions. Whether guests are avid skiers or simply looking to enjoy the winter scenery, Okemo provides a wide range of activities including skiing, snowboarding, and snowshoeing. Stratton Mountain Resort, also within easy reach, offers a slightly different experience with its charming village, diverse terrain, and vibrant après-ski scene. In addition to winter sports, Stratton is a four-season destination with golf, hiking, and mountain biking opportunities during the warmer months. The motelâ??s proximity to these popular destinations and the combination of commercial and residential spaces presents a lucrative opportunity in a sought-after location.
In the heart of South Londonderry, VT, on half an acre this charming 3-unit multi-family property offers a unique blend of rustic beauty and modern convenience. Current owner invested heavily in the basement. Unit 1 is vacant and needs some cosmetics. Units 2 and 3 have tenants on month-to-month leases. Access to units 2 and 3 are limited as they are occupied.
The median home value in Londonderry, VT is $600,000. This is higher than the county median home value of $323,700. The national median home value is $338,100. The average price of homes sold in Londonderry, VT is $600,000. Approximately 41.09% of Londonderry homes are owned, compared to 12.61% rented, while 46.31% are vacant. Londonderry real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Londonderry real estate agent to arrange a tour today!
Londonderry, Vermont has a population of 1,886. Londonderry is less family-centric than the surrounding county with 20.74% of the households containing married families with children. The county average for households married with children is 20.95%.
The median household income in Londonderry, Vermont is $55,465. The median household income for the surrounding county is $59,195 compared to the national median of $69,021. The median age of people living in Londonderry is 53.3 years.
The average high temperature in July is 78.9 degrees, with an average low temperature in January of 8.9 degrees. The average rainfall is approximately 51 inches per year, with 99.3 inches of snow per year.