Listing courtesy of Sandy Palmer, Vermont Real Estate Company Phone: 802-540-8300
67 Green Street, Vergennes, VT, 05491
19 rooms
8 beds
5 Full baths
1900
Historic Vintage
4,592 sqft
SOME OWNER FINANCING POSSIBLE. Also... PROPERTY COULD QUALIFY FOR 5% DOWN FHA PROGRAM FOR APPROVED BUYERS WHO WANT TO LIVE IN ONE OR MORE OF THE UNITS! Incredible investment opportunity. 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.
Status:
Pending
Type:
Multi-family
Units:
4
Zoning:
HN
Frontage:
118
Garage:
5-car Garage
Heating:
Baseboard
Cooling:
None
Basement:
Crawl Space, Dirt Floor, Partial, Sump Pump
Acreage:
0.4
Est. Taxes:
$9,709
Lot Description:
Sidewalks
Elementary School:
Vergennes UES #44
Middle School:
Vergennes UHSD #5
High School:
Vergennes UHSD #5
School District:
Addison Northwest
MLS #:
4995640