692-694 Church Hill Road Charlotte, Vermont 05445 MLS# 5029721

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Under Contract Status

$1,349,500 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

692-694 Church Hill Road
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
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
1st Floor Bedroom 1st Floor Bedroom
With Ample Closet Space With Ample Closet Space
1st Floor Office/Bonus Room 1st Floor Office/Bonus Room
Apartment 3 - Kitchen Apartment 3 - Kitchen
Apartment 3 - Wood Floors Apartment 3 - Wood Floors
Apartment 2 - Jotul Gas Stove Apartment 2 - Jotul Gas Stove
Apartment 2 - Kitchen Apartment 2 - Kitchen
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
With Mountain Views With Mountain Views
692-694 Church Hill Road

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

692-694 Church Hill Road Charlotte

Property Details

Contract Date  Mar 15th, 2025
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
Gross Income  $146,400 Operating Expenses  $0 Net Income  $125,567
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $2,000/Monthly Unit 2   1 Beds, 1 Baths, $1,800/Monthly
Unit 3   1 Beds, 1 Baths, $1,800/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, Hilly, Landscaped, Mountain View, Pond
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  , Electric, Wood Excluded  
Heating/Cool  None, Hot Air, Radiant, Electric, Baseboard 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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✱ If you engage a brokerage firm to represent you in a real estate transaction, you are responsible for compensating the firm according to the terms of your brokerage service agreement. Compensation to be paid under a brokerage service agreement is solely and entirely a matter of negotiation between an agent and client and is in no way controlled, fixed, or pre-established. Historically, cooperation fees were published in the Multiple Listing Service (MLS) for each Listing. Recent changes to the rules, prohibit the publication of these fees in the MLS but allow the display on a brokerage's website for their Clients' listings.