31 Adams Mill Road, Stowe, VT, 05672 | $1,250,000

31 Adams Mill in Stowe, Vermont is a fully renovated multifamily building that presents a unique opportunity for investors. The property features four units, each with a furnished one-bedroom apartment that boasts updated finishes suitable for contemporary living. The apartments have a functional design that allows for easy enjoyment of the space, with natural light flooding the living area to enhance the clean lines and modern aesthetic. Each unit includes a comfortable bedroom and a well-appointed bathroom designed for practicality and ease of living. The living areas are versatile and can be used for both relaxation and entertaining. With a strong rental history, 31 Adams Mill is an attractive income property in Stowe. Its location offers ample parking and convenient access to local amenities, including shops, restaurants, and outdoor activities. If you're looking for a smart choice for a ready-to-go investment property in a desirable Vermont location, 31 Adams Mill is the perfect choice. Sold furnished with some exceptions.

Features

  • Rooms: 13
  • Bedrooms: 4
  • Baths: 4 full
  • Units: 4
  • Style: Multi-Family
  • Year Built: 1900
  • Heating: Direct Vent
  • Cooling: None
  • Basement: Dirt Floor,Unfinished
  • Approx Sq. Feet: 3,272
  • Est. Taxes: $7,680
  • Lot Desc: Open,Sloping
  • Elem. School: Stowe Elementary School
  • Middle School: Stowe Middle/High School
  • High School: Stowe Middle/High School
  • School District: Stowe School District
  • MLS#: 4981415
  • Website: https://www.raveis.com
    /prop/4981415/31adamsmillroad_stowe_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/15/2024
Listing courtesy of Coldwell Banker Carlson Real Estate   Phone: 802-253-7358
Listing Agent: Smith Macdonald Group

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

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31 Adams Mill Road, Stowe, VT, 05672

$1,250,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,000,000 $1,000,000 $1,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.396% 5.990%
Monthly Tax Payment $640 $640 $640
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,678 $6,157 $8,304
Total Monthly Payment $6,443 $6,922 $9,069

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.