Description
The Brick House Apartments are being offered for sale for the first time since 1986. This five-unit property is ideally located on Rt. 100 just north of Historic Stowe Village. These units have been updated and meticulously maintained while keeping the historic nature as a focal point of the property. The building upgrades include, wired for cable, internet, and phone. The windows have all been updated. The property is hardwired for smoke and carbon detectors. Each unit is individually metered for electricity, which the tenants pay. There is a central heating system for the whole building with thermostats in each unit. Heat is currently included in the rental price. There is ample off-street parking, a large rear yard, on-site coin-operated laundry, on-site well with water filtration system, on-site updated septic system, on-site dumpsters, and recycling. All the units are fully rented with long term leases. The property features views to Stowe Mt. Resort. This income-producing property is ideal for a seasoned investor, new investor, or someone looking for personal use while still being able to produce income.
