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429 Community Drive

Randolph, VT 05061

MLS # 5051655 Multi-Family Active
$11,767
Taxes
1,936
Square feet
6
# of units
13
Acres

High earning Airbnb investment village! These 5 lots totaling 13 +/- acres, located in the beautiful mountains of South Randolph, VT, just minutes from VT I-89. There are four lots, each with their own log cabin park model home, a fifth lot with a fantastic Yurt and quant bath house. Additionally, there is a second Yurt that can be moved by the purchaser to a fully prepped area with water/sewer and power. One lot is over 6 acres and includes an open grassy field, pond and garden area making for a wonderful community Airbnb experience. Gross income for the development was (2023 - $125,746 and 2024 – $116,914 and 2025 - $114,984). 2025 was lower due to renovations of a cabin (taken off-line and converted to Airbnb) and installation of an additional Cabin. Based on past numbers, this should provide a future yearly gross income of approx. $169,000. Future potential with three additional bedrooms of unused septic capacity is already installed. The current owner outsources his cleaning & communications, doing your own could increase net by over 13K per year. There are two other lots available if you wish to expand income opportunity or build your own home. The seller created this small community and has been running it as rental and Airbnb income property. He is ready to slow down in retirement and ready to travel but is willing to teach new owners the ins and outs of the property. All current state/town permits, surveyed, and utility drawings are available. Future owners may sell these lots individually.

Property Type Multi-Family
# of Units 6
Subdivision Name N/A
Year Built 2019
Parking N/A
Road Frontage N/A
Acres 13.00
Gross Income 169000
Annual Expenses 41000
# of Gas Meters N/A
# of Electric Meters N/A
Sq Ft (Above Ground) 1936
Sq Ft (Below Ground) 0
Total Sq Ft 1936
Land Description N/A
Elementary School Randolph Elementary School
Middle School Randolph School UHSD #2
High School Randolph UHSD #2
Financing Details N/A
Documents Available N/A