Turn key investent opportunity! Located in the heart of Randolph Village this 6 unit building is the perfect opportunity for someone to perhaps begin or expand their rental portfolio. An attached barn offers additional rental income with 3 large bays currently rented for winter storage. Properry is being Sold As Is.
This is a large surveyed 1.35 acre in town parcel with river frontage on the Third Branch of the White River. Live in the larger unit which is currently vacant. The smaller unit is occupied and brings in monthly rental income of $700.00. The 3rd unit is in need of completing a rehab project. The property falls in the central business zone. The 3rd unit could be added on to the existing unit to enlarge, finished as a 3rd unit, or possibly be used as a business space.
This country home has been lovingly restored, blending the old with the new. It is located on 7 acres of beautiful farm land with a magnificent view of the Green Mountains. The large yard has fruit trees, a large raspberry patch and rhubarb. There are mature lilacs, forsythia, rhododendrons and azeleas as well as many perennials. The large pasture is perfect for horses and one of the three small sheds was originally a chicken coop. The house has a lower apartment unit in the walkout basement, which is filled with light. It includes three rooms, a large entrance and a covered porch. It was totally redone 4 ago and has its own washer and dryer. The apartment has radiant heat and tile floors. The main house is on the upper two floors. There is a large deck entrance leading into a mud room. This level includes a living room, a small nook room, a large country kitchen with dining area, and a bathroom. A large master bedroom is on the upper level, along with a second bedroom and full bath.
Great opportunity to own a home and business in a prime location that's also zoned for commercial! This unique property in the heart of Randolph features a large restaurant on the first level, formerly a successful pizzeria, and a sunny 2-bedroom apartment overlooking downtown above. Great investment potential - rent out both levels or live and work all in one location! The 2nd floor apartment, with a private entrance, features two spacious bedrooms with plenty of closet space and a full bath with laundry. The large kitchen with plenty of wood cabinets and appliances opens into a sun-lit living room with tons of windows overlooking downtown. Another large living area could be used as a home office or media room. The restaurant below includes a large dining room with barn board bar with 16 beer taps, built-in dining booths, and a display case. The fully-equipped commercial kitchen includes a double pizza oven, 2 fryolators, a four-burner range with double oven and grill top, prep stations, 2 industrial freezers, and more - all included in the sale! This property is conveniently located close to services, shops, movie theater, library, and the Amtrak depot. Formerly Al's Pizza, a Randolph favorite!
The median home value in Randolph, VT is $275,800. This is higher than the county median home value of $274,400. The national median home value is $338,100. The average price of homes sold in Randolph, VT is $275,800. Approximately 62.49% of Randolph homes are owned, compared to 25.44% rented, while 12.07% are vacant. Randolph 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 Randolph real estate agent to arrange a tour today!
Randolph, Vermont 05060 has a population of 4,777. Randolph 05060 is less family-centric than the surrounding county with 23.57% of the households containing married families with children. The county average for households married with children is 25.82%.
The median household income in Randolph, Vermont 05060 is $70,000. The median household income for the surrounding county is $67,906 compared to the national median of $69,021. The median age of people living in Randolph 05060 is 40.1 years.
The average high temperature in July is 77.9 degrees, with an average low temperature in January of 5.1 degrees. The average rainfall is approximately 44.4 inches per year, with 94.6 inches of snow per year.