67 Green Street , Vergennes, VT 05491
Vergennes, VT 05491
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 Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 212 |
| Listing Provided By | Vermont Real Estate Company | Sandy Palmer |
Features
| Sq Feet | 4,592 |
|---|---|
| Garage | 5 |
| Basement | Y |
| Storys | 2 |
| Zoning | HN |
Market Activity 05491
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| State | VT |
|---|---|
| County | VT Addison |
| City | Vergennes |
| Zip Code | 05491 |
| Area | Addison |
| School District | Addison Northwest |
| Elementary School | Vergennes UES #44 |
| Middle School | Vergennes UHSD #5 |
| High School | Vergennes UHSD #5 |
| Listing VS Median (in 05491) | |
Price: $795,000 low | high Med: $559,900 SqFt: 4,592 low | high Med: 2,361 $ / SqFt: $173 low | high Med: $244 On Site: 212 low | high Med: 590.500000 | |