3209 German Flats Rd Unit 1, 2, & 3, Warren, VT 05674
- $2,500,000
- 10
- BD
- 10
- BA
- 5,345
- SqFt
Listing courtesy of Erik Reisner from Mad River Valley Real Estate. (erik@mrvre.com)
- List Price
- $2,500,000
- Status
- ACTIVE
- MLS#
- 5058378
- Price Change
- ▼ $300,000 1781572083
- Property Type
- Condominium
- Bedrooms
- 10
- Bathrooms
- 10
- Living Area
- 5,345
- Lot Size
- 39,204
- Acres
- 0.90
- Year Built
- 1987
Property Description
Own an iconic property in the Mad River Valley. The Mad House Rentals, previously known as the Common Man Restaurant, is a distinguished barn property that has been completely renovated from a restaurant into three luxury condominium units. This location is ideally situated between Lincoln Peak and Mount Ellen, with winter access to the Mad Bus and hiking right outside your door in the summer. These units have been in operation since 2019 and have an excellent income producing rental history. All three units are approximately 2000 square feet each, and have the following appointments: Impeccably furnished with smart TV’s in every room, Ensuite Primary Bedrooms (one unit having 3 bedroom suites), Full Kitchens, Laundry areas, A/C in two units, Ski lockers, Hot tubs, and Outside patios w/grills. Whether you're a single family or several families, this is a great chance to own a high-end Mad River Valley property and earn income at the same time. Full-time investors can expect strong annual income from this property. Come discover the unique and endless opportunities that this property has to offer.
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Additional Information
- Taxes
- $19,966
- Listing Agent
- Erik Reisner
- Listing Office
- Mad River Valley Real Estate
- Style
- Condex, Converted House
- School District
- Washington West
- Elementary School
- Warren Elementary School
- Middle School
- Harwood Union Middle/High
- High School
- Harwood Union High School
- Exterior Features
- Deck, Hot Tub
- Interior Features
- Ceiling Fans, Separate Dining Room, Furnished, Hot Tub, Kitchen/Dining, Open Kitchen, Open Kitchen, Bath in Primary Bedroom, Natural Light, Natural Woodwork, Vaulted/Cathedral Ceilings, Bar-Wet, First Floor Laundry
- Electric
- Circuit Breakers
- Utilities
- Cable Available, Propane, Phone Available
- Basement
- Concrete, Insulated, Partial, Storage Space, Unfinished, Exterior Entry
- Foundation
- Concrete
- Sewer
- Public Sewer, Septic Tank
- Roof
- Architectural
- Zoning
- VR
- Water
- Drilled Well
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