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Money Maker! 3 Apts or 9 Bedrm Home

Listing ID 23125637 | Updated yesterday

$539,000
Willing to negotiate
For Sale

1113 Old Cheney Road
Windham, VT 05359

9 beds, 6.50 baths
Multi-Family

Ask the Owner

Mary
Primary

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Bedrooms:9 Bathrooms:6.50 Floors:4.0 Square Footage:4042
Year Built:1996 School District:Windham Garage Size:1.0 Lot Size:5.60 Acre(s)
Amenities:Carpeted Floors, Wood Floors, Patio/Balcony, Basement, Bonus/Great Room, Deck/Porch, Garage, Office/Den, Active Adult, View

Built only 15 years ago, this large home was expanded to create three separate apartments, each with its own kitchen and living room. It is now known as the Windham Country House.

 

This house can be a money maker.  It has been for eight years -- the current owners live in one unit, rent another to full-time tenants, and rent the third unit to vacationers. This has brought in about $30,000 per year.

 

An interior central staircase connects the three units.  Privacy is ensured by doors with dead bolts between the units. But the entire house could be opened and shared by a group of friends or an extended family. If you have ever thought of living in Vermont with others and working from home via the internet, this could be the place for you.  You could even raise much of your own food in the organic gardens behind the house.

 

Witn 4042 square feet, the house is quite large.  The original unit, on the two main floors, has 5 bedrooms and 3 full baths. (A regulation billiards table there can come with the sale.)  A second unit, on the garden level, has 2 bedrooms and a full bath. On the top floors of the house and the garage is the third unit with 2 bedrooms and 2.5 baths. The house has a front porch, 2 screened porches, a deck, an outside grilling area, a shed, a large workshop/storage space, and a garage.

 

The setting is idyllic -- the main unit has been a B&B and a vacation rental, pleasing many with its beautiful landscaping and mountain views. Nearby Vermont tourist attractions, including 3 ski resorts, provide year-round entertainment. The Town of Windham, where the house is located, has 300 diverse and friendly residents and is 90% forested. The local elementary school has small class sizes and talented staff.

 

The property is great for gardeners, with a gardeners' shed, many raised beds and a hoop house for vegetables, many fruit trees and berry bushes, and plentiful flower gardens. A meadow beside the house could easily become a pasture.

 

The property includes more than 5 acres of land. The house, the gardens, a pond, and a playing field sit on about 2 of the acres, and the meadow covers another acre.  The rest of the property is wooded, sloping downhill through a lovely old forest to a beautiful brook, the land's western boundary. Beyond that is the Turkey Mountain Range, which is protected from development.

 

The house is very well-built and well-insulated. Its construction and location make it unusual -- a contemporary, multi-unit home off the beaten track in the Vermont countryside.

 

Be sure to check out our Picasa photo display at the Virtual Tour link above for more photos. Once there, click on the album, then click Slideshow in the upper left corner. To control the slideshow, move your cursor at the bottom of the screen, click on the two vertical bars, and use the arrows.

 

Please don't hesitate to contact us for more information. We look forward to hearing from you.

 

Mary & Michael

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Mary
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