PRICE REDUCTION-- to Sell! It is possible to live rent or mortgage free and here's your opportunity.This fully rented, three unit multi family property is already generating income. Live in one unit and let the other two cover your expenses, or bring your own vision to life in this premier location. Zoned for both commercial and residential use, the possibilities are extensive. Imagine a riverfront restaurant with al fresco dining, a new retail shop, an exercise or hot yoga studio, an art gallery, or continue with office and wellness services the property currently includes office space and a massage therapy business. The offering includes two houses, one apartment unit, an office space unit, and four garages along the Utley Brook branch of the West River. You'll enjoy 365 feet of beautiful waterfront and 435 feet of frontage on Londonderry Marketplace, with ample parking to support your business or development plans. All three residential units are fully rented and generating strong income.There are many properties on the market but only one with this unique combination of location, flexibility, and potential. An exceptional opportunity to create the lifestyle or business you envision.
| MLS # | 5097168 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (31) Under Contract - Active Under Contract |
| Year | 1890 |
| Days On Site | 101 |
| Listing Provided By | TPW Real Estate | Wilkie F Bushby |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 Total |
| Garage | 3 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | residential & commercial |
| Acreage | 0.75 |
| Water Front | Yes |
| Rooms Total | 12 |
|---|---|
| Cooling | None |
| Heating | Natural Gas Available, Hot Air, Hot Water |
| Roof | Standing Seam |
|---|---|
| Construction Materials | Batts Insulation |
| Foundation Details | Concrete |
| Lot Features | Wooded |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Parking Spaces 5 |
| Utilities | Other |
|---|---|
| Electric | 100 Amp Service |
| Sewer | 500 Gallon, 1000 Gallon, Concrete, Plastic |
| Tax Annual Amount | 4805.76 |
|---|---|
| Tax Year | 2025 |
| State | VT |
|---|---|
| County | Windham |
| City | Londonderry |
| Zip Code | 05148 |
| Area | VT Windham |
| School District | Londonderry School District |
| Elementary School | Flood Brook Elementary School |
| High School | Choice |
| Listing VS Median (in 05148) | |
Price: $350,000 low | high Med: $850,000 On site: 101 low | high Med: 526 | |
| State | VT |
|---|---|
| County | Windham |
| City | Londonderry |
| Zip Code | 05148 |
| Area | VT Windham |
| School District | Londonderry School District |
| Elementary School | Flood Brook Elementary School |
| High School | Choice |
| Listing VS Median (in 05148) | |
Price: $350,000 low | high Med: $850,000 On site: 101 low | high Med: 526 | |