About This Home
This 10-bedroom, 10-bathroom condo at 3209 German Flats Road in Warren, VT is listed for $2,500,000 ($468 per sqft). Built in 1987, the home offers 5,345 sqft of living space on a 0.90 acres lot.
Key Features
- Built in 1987
- 0.90 acre lot
- 2 stories
Property Details
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.
Monthly Cost Estimate
$15,351/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3209 German Flats Road
Warren, VT 05674
Mad House Condos
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Heating
Cooling
Appliances
Questions & Answers
This 10-bedroom, 10-bathroom condo at 3209 German Flats Road is listed at $2,500,000 ($468/sqft). The estimated monthly payment is $15,350 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $1980/month.
Key features include: Built in 1987, 0.90 acre lot, 2 stories. Interior Features: Ceiling Fan, Dining Area, Furnished. Exterior Features: Trash, Deck, Hot Tub.
This property is listed by Erik Reisner and can be reached at (802) 496-5000.