Under Contract Status
$1,349,500 List Price
Multi Type
10 Beds
7 Baths
6,614 Sqft
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Charlotte
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 wood stove. French doors lead to a formal dining room with built-in glass cabinets that flows into a sun-lit 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!
Cooperation Fee - 2.5%
The Seller(s) of this property has authorized the Listing Agency/Agent to offer a Cooperation Fee or Seller Concession toward Buyers’ closing costs in the amount of 2.5% with accepted terms of an offer. This fee is offered to Buyer’s Agents and Broker’s Agents. This fee must be agreed to in writing within the terms of the Purchase & Sale Contract or in a fully executed Commission Allocation Agreement or Cooperation Agreement between the brokerage firms; and will be paid at closing.✱
Property Location
Property Details
Contract Date Mar 15th, 2025 | ||
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List Price 1,349,500 | Bedrooms 10 | Garage Size 1 Car |
Cooperation Fee 2.5% | Total Bathrooms 7 | Year Built 1800 |
MLS# 5029721 | Lot Size 3.75 Acres | Taxes $11,423 |
Type Multi-Family | Days on Market 29 Days | Tax Year 2024 |
Units 5 | Stories 2 | Road Frontage 388 |
Annual Income $146,400 | 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 Feb 18th, 2025 |