692-694 Church Hill Road Charlotte, Vermont 05445 MLS# 4990265

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For Sale Status

$1,389,000 List Price

Multi Type

10 Beds

7 Baths

6,614 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman - (802) 846-8800
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Charlotte

Investment Opportunity Investment Opportunity
With 5 Units With 5 Units
4-Unit Building Plus House 4-Unit Building Plus House
Garage & Lots of Storage Garage & Lots of Storage
2-Story Post & Beam Barn 2-Story Post & Beam Barn
28 Raised Garden Beds 28 Raised Garden Beds
Gorgeous Landscaping Gorgeous Landscaping
Hen House Hen House
Mature Trees Mature Trees
Lush Perennials & Gardens Lush Perennials & Gardens
5-Bedroom Single Family Home 5-Bedroom Single Family Home
Wall of Custom Built-ins Wall of Custom Built-ins
Chef's Kitchen Chef's Kitchen
With Granite Island With Granite Island
Hearthstone Woodstove Hearthstone Woodstove
1st Floor Laundry/Mudroom 1st Floor Laundry/Mudroom
2nd Floor Primary Suite 2nd Floor Primary Suite
Wide Board Pine Floors Wide Board Pine Floors
Bedroom Bedroom
With Lots of Closet Space With Lots of Closet Space
Primary Bath Primary Bath
Guest Bedroom Guest Bedroom
Guest Bedroom/Office Guest Bedroom/Office
Sunny Bedrooms Sunny Bedrooms
Full Guest Bath Full Guest Bath
1st Floor Full Bath 1st Floor Full Bath
Apartment 3 - Kitchen Apartment 3 - Kitchen
Apartment 3 - Wood Floors Apartment 3 - Wood Floors
Apartment 3 - Bedroom Apartment 3 - Bedroom
Apartment 2 - Jotul Gas Stove Apartment 2 - Jotul Gas Stove
Apartment 2 - Kitchen Apartment 2 - Kitchen
Apartment 2 - Lots of Closets Apartment 2 - Lots of Closets
Apartment 1 - Jotul Heat Stove Apartment 1 - Jotul Heat Stove
Apartment 1 - Kitchen Apartment 1 - Kitchen
Apartment 4 - 1st Floor Studio Apartment 4 - 1st Floor Studio
Apartment 4 - Kitchen Apartment 4 - Kitchen
Covered Deck of an Apartment Covered Deck of an Apartment
Historic Property Historic Property
On 3.75 Acres On 3.75 Acres

Charlotte Investment Opportunity

Attention investors! Discover the magic of this historic landmark property in Charlotte featuring a beautifully updated 5-bedroom, 3-bath single-family home alongside a fully occupied 4-unit apartment building with an impressive cap rate! Impeccably maintained and thoughtfully upgraded, the main home showcases an oversized chef's kitchen with granite and stone countertops, hand-crafted maple cabinets, and a Hearthstone woodstove. French doors lead to a formal dining room with built-in glass cabinets that flows into a sunlit living room. You'll find refinished original wide-board pine floors and several Jotul propane heat stoves throughout this custom home. The flexible floor plan offers a main level office/bedroom with additional bedrooms including a primary suite on the 2nd floor, all with ample storage. Step outside to a back deck overlooking a pond, wooded acreage, mountain vistas, hundreds of perennials, 28 raised bed gardens, and a quintessential 2-story Vermont post & beam barn perfect for various activities - entertaining, yoga, events, art studio, or simply extra storage. The apartment building includes one 2-bedroom unit, two 1-bedrooms, and a studio, with plenty of parking for all including a 1-car garage. Enjoy country living yet close proximity to schools, hiking trails, and restaurants. Only 5 minutes away from the Charlotte beach on Lake Champlain, plus just 20 minutes from downtown Burlington. Don't miss the limitless possibilities this property affords!

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Property Location

692-694 Church Hill Road Charlotte

Property Details

MLS#  4990265 Bedrooms  10 Garage Size  1 Car
List Price  1,389,000 Total Bathrooms  7 Year Built  1800
Type  Multi-Family Lot Size  3.7500 Acres Taxes $9,756
Units  5 Stories  2 Road Frontage  388
Annual Income  $138,000 Style   Water Frontage  
Annual Expenses  $0 Finished  6,614 Sqft Construction  No, Existing
Zoning   Res Above Grade  6,614 Sqft Seasonal  No
Total Rooms  10 Below Grade  0 Sqft List Date  Apr 4th, 2024
Gross Income  $138,000 Operating Expenses  $0 Net Income  $118,858
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $1,800/Monthly Unit 2   1 Beds, 1 Baths, $1,600/Monthly
Unit 3   1 Beds, 1 Baths, $1,500/Monthly Unit 4   1 Beds, 1 Baths, $1,600/Monthly
Unit 5   5 Beds, 3 Baths, $5,000/Monthly
Construction
BasementWalkout, Unfinished
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Stone House Color  Red
Floors  Carpet, Wood Building Certifications  
Roof  Slate, Metal HERS Index  
DirectionsFrom Shelburne, south on Route 7 to left on Church Hill Road, property is located at the intersection of Church Hill Road & Hinesburg Road.
Lot Description
Garage & Parking  Yes
Road Frontage  388 Water Access  
Driveway  Crushed Stone Water Type  
Flood Zone  Unknown Water Body  
Zoning  Res
School District  NA Middle  Charlotte Central School
Elementary  Charlotte Central School High  Champlain Valley UHSD #15
Heat Fuel  , Wood, Electric, Gas-Lp/Bottle Excluded  
Heating/Cool  None, Baseboard, Radiant, Hot Air Negotiable  
Sewer  Septic Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co  Comcast Documents  
Electric  Circuit Breaker Tax ID  138-043-11014
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