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Courtesy of Sandy Palmer of Vermont Real Estate Company: .

67 Green Street

Vergennes, VT 05491
  • $795,000
  • STATUS: Active Under Contract
  • ON SITE: 172 Days
  • MLS #: 4995640
Under Contract
UPDATED: 184 min ago
$795,000
  • 8
    BEDS
  • 0.4
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,592
    SQFT
  • $173
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

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.

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© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-11-04T00:06:58.147.
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67 Green Street Vergennes, VT 05491

  • Price: $795,000
  • Status: Active Under Contract
  • On Site: 172 Days
  • Updated: 184 min ago
  • MLS #: 4995640
8
Beds
5
Baths
0
½ Baths
0.4
Acres
4,592
SQFT
$173
$/SQFT
1900
Built
County:
Addison
Area:
Vergennes
Elementary School:
Vergennes Ues #44
Middle School:
Vergennes Uhsd #5
High School:
Vergennes Uhsd #5
School District:
Addison Northwest
Property Description
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.
Exterior Features

Architectural Style Historic Vintage Area Description In TownNear ShoppingVillageNear Public Transportatn Color White Construction Materials Wood Frame Driveway Paved Has Garage Yes Lot Features Sidewalks Road Frontage Yes Road Frontage Length 118 Roads PavedPublic Roof Metal

Interior Features

Basement Access Type Walkout Basement Description Crawl SpaceDirt FloorPartialSump Pump Cooling None Flooring VinylWoodVinyl Plank Foundation Stone Has Basement Yes Heating Baseboard Total Heated Units 1 Total Ranges 4 Total Refrigerators 4 Total Water Heaters 2 Unit1 Approx Sq Ft 1080 Unit1 Baths 1 Unit2 Approx Sq Ft 1200 Unit2 Baths 2 Unit3 Baths 1 Unit4 Approx Sq Ft 1080 Unit4 Baths 1

Property Features

Construction Status Existing Electric Circuit Breaker(s) Flood Zone Unknown Foreclosed / Bank Owned / REO No Gross Income 86700 Heat Fuel Gas - Natural Pre Construction No Seasonal No Separate Utilities Yes Sewer Public Tax Gross Amount 9708.52 Tax Year 2023 Taxes Tbd No Total Electric Meters 4 Total Gas Meters 4 Total Leases 4 Total1 Bed Units 1 Total2 Bed Units 2 Total3 Plus Bed Units 1 Unit1 Rental Amount 1575 Unit1 Tenant Pays ElectricInternet Service Unit3 Rental Amount 1600 Unit3 Tenant Pays ElectricInternet Service Unit4 Rental Amount 1400 Utilities CableGas - On-Site Water Source Public Zoning HN

Courtesy of Sandy Palmer of Vermont Real Estate Company: .


© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-11-04T00:06:58.147.
 
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Keller Williams Vermont
68 Randall Street
South Burlington VT, 05465