$795,000
 $4,268 est/mo Sourced by Back At You

67 Green Street , Vergennes, VT 05491

Vergennes, VT 05491

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Description

Incredible investment opportunity in charming Vergennes! This four unit apartment building has been lovingly maintained by the same owner for decades with low-maintenance and profitability in mind. The building has been updated with vinyl siding and windows, a metal roof, a brand new natural gas boiler, solar panels, carpet-free units, and a massive 5+ car garage with storage above offering tons of potential. The current owner has easily leased these for decades - tenants that have all been moved into month-to-month leases so a new buyer has options (though they all want to stay). The income on this property speaks for itself - with a pair of 2 br units, one 1 br plus den, and a 3 br/2ba, this property would bring $60k+ per year to an investor's portfolio. Or live in one of the units and have your money working for you! There is ample off-street parking, and a cute yard with a small playground and garden area. Located just 2 short blocks behind the main business district of Vermont's Smallest (and arguably most charming) City, easy walking distance to the shops and restaurants. 30 minutes to Burlington and less than 20 minutes to Middlebury. What an opportunity!

Details

MLS#4995640
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site141
Listing Provided ByVermont Real Estate Company | Sandy Palmer

Features

SQ Feet4,592
Garage5
BasementY
Story(s)2
ZoningHN

Market Activity 05491



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Listings Checked: 13 minutes ago
StateVT
CountyVT Addison
CityVergennes
Zip Code05491
AreaAddison
School DistrictAddison Northwest
Elementary SchoolVergennes UES #44
Middle SchoolVergennes UHSD #5
High SchoolVergennes UHSD #5
Listing VS Median (in 05491)
Price:
$795,000
low | high
Med:
$575,000
77.672955974843% of Average
SqFt:
4,592
low | high
Med:
2,381
98.148954703833% of Average
$ / SqFt:
$173
low | high
Med:
$241
10.509959612129% of Average
On Site:
141
low | high
Med:
24.000000
100% of Average
Sourced by Back At You
Listing Updated: June 18, 2024 at 3:45:58 PM PDT