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3209 German Flats Rd 1, 2, & 3

warren, VT 05674

$2,500,000

  • 10 BR
    10 BA

Interested? Let's Connect

Own an iconic property in the Mad River Valley. The Mad House Rentals, previously known as the Common Man Restaurant, is a distinguished barn property that has been completely renovated from a restaurant into three luxury condominium units. This location is ideally situated between Lincoln Peak and Mount Ellen, with winter access to the Mad Bus and hiking right outside your door in the summer. These units have been in operation since 2019 and have an excellent income producing rental history. All three units are approximately 2000 square feet each, and have the following appointments: Impeccably furnished with smart TV’s in every room, Ensuite Primary Bedrooms (one unit having 3 bedroom suites), Full Kitchens, Laundry areas, A/C in two units, Ski lockers, Hot tubs, and Outside patios w/grills. Whether you're a single family or several families, this is a great chance to own a high-end Mad River Valley property and earn income at the same time. Full-time investors can expect strong annual income from this property. Come discover the unique and endless opportunities that this property has to offer.

Details

0.9 Private Acres Lot Size

condo

Built in 1987

MLS/Listing ID 5058378

Amenities & Features

Lot - Landscaped

Lot - Near Golf Course

Dining Area

Natural Woodwork

Vaulted Ceilings

Wet Bar

Heating - Baseboard

Heating - Hot Water

Heating - Propane

Furnished

Carpet

Combination

Tile

Natural Wood

Deck

Hot Tub

Ceiling Fans

Construction - Post and Beam

Wine Cooler

Washer

Refrigerator

Microwave

Gas Range

Dryer

Dishwasher

Construction - Wood Siding

Construction - Wood Frame

Cooling - Zoned

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

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