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Local Landmark with Endless Potential – Mixed-Use Building in the Heart of Bomoseen. Step into the heart of the Lake Bomoseen lifestyle with this well-known, mixed-use property full of opportunity! Currently home to a successful deli (business not for sale), this beloved local landmark offers incredible versatility with a commercial space on the main level and a spacious 2-bedroom owner's apartment upstairs. The first-floor commercial space features 1, 132 square feet, with the exciting potential to expand by an additional 374 square feet—perfect for a café, boutique, gallery, or office. The beautifully maintained 1, 880-square-foot apartment upstairs includes two bedrooms, generous living space, and a large deck overlooking Lake Bomoseen—the ideal spot to relax, entertain, or take in the views. Located at Vermont's largest freshwater lake, the lifestyle here is unbeatable. Enjoy several lakeside restaurants you can boat up to, a scenic 9-hole golf course, and a full-service marina—all just minutes away. There's even potential lake access through a nearby rental company. And for year-round fun, you're just 40 minutes from Killington Ski Area, making this property the perfect base for summer and winter adventures. Affordable, flexible, and full of potential, this is your chance to own a piece of VT. Enjoy living near a college town, several excellent eating establishments, country stores, and direct access to the Ethan Allen train that goes to NYC. LIVE BOMO.
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Our Executive Mortgage Banker:
Our Insurance Division:
$439,500
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $351,600 | $351,600 | $351,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $387 | $387 | $387 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,194 | $2,310 | $2,943 |
Total Monthly Payment | $2,656 | $2,772 | $3,405 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.