Exceptional investment opportunity in Killington, VT! Extremely rare to market, this three-unit property, built in 2015 and approved for 16 occupants, offers nearly 4, 000 square feet of living space plus an oversized garage with potential for an additional 900 s. f. rental unit above. While the current owners have only rented two of the units, the thoughtful design allows for a myriad of configurations, giving this home the versatility to serve a variety of residential or investment needs and can comfortably accommodate up to 24 guests. The house features an open floor plan with nine-foot ceilings in the downstairs units, dramatic cathedral ceilings upstairs and stunning mountain views. Enjoy abundant natural light, three sparkling kitchens, quartz countertops, eight bedrooms, a guest room, an office, seven bathrooms, three large living areas, and a laundry room with a half bath. Modern amenities include Energy Star appliances, a high-efficiency heating system, a see-thru corner gas fireplace, smart lighting and heating, high R-value spray foam and rockwool insulation with interior soundproofing, duct work for future air conditioning and a full house fire suppression system. Conveniently located on the Killington Road, minutes from Killington Resort, guests can easily drive to the mountain or take the resort shuttle directly from the driveway. This turn-key property with a solid income history is offered fully furnished. Don't miss this extraordinary opportunity - call today!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,640,000 | $1,640,000 | $1,640,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $974 | $974 | $974 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,571 | $10,366 | $13,839 |
Total Monthly Payment | $10,670 | $11,465 | $14,938 |
* 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.