$795,000 | $173 per sq.ft. Under Contract | MLS# 4995640
A
4
Unit Multi Family Home, 67 Green Street Vergennes VT
With 1 - One Bedroom Units | 2 - Two Bedroom Units | 1 - Three Bedroom Units
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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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Annual Expenses
Taxes: $9,709 |
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Income
Gross Income | $ NetIncome | $
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UNIT 1 INFORMATION
Beds: 2Baths: 1Rooms: 5Sq.Ft.: 1080Level: 2Tenant Pays : Electric,Internet ServiceRent : 1575.00 MonthlyLease Term : Month to Month Signed Lease : Yes Status : Leased
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UNIT 2 INFORMATION
Beds: 3Baths: 2Rooms: 6Sq.Ft.: 1200Level: 1Lease Term : Owner Occupied Signed Lease : No Status : Owner Occupied
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UNIT 3 INFORMATION
Beds: 1Baths: 1Rooms: 4Level: 2Rent : 1600.00 MonthlyStatus : Leased
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UNIT 4 INFORMATION
Beds: 2Baths: 1Rooms: 4Sq.Ft.: 1080Level: 1Rent : 1400.00 MonthlyStatus : Leased
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FEATURES AND DETAILS
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CONSTRUCTION: Wood Frame | Exterior Color White | Price Per SQ.FT. 173.13 | Year Built: 1900 |
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LAND DESCRIPTION:
LOT DESCRIPTION: Sidewalks | In Town | Near Shopping | Near Public Transportatn |
Avail.Sq.Ft.: 4 Livable Space: 4592 Above Grade Sq.Ft.: 4592 Below Grade Sq.Ft.: 0 Foundation: Stone Heating: Natural Gas | Baseboard Cooling: None Electric: Circuit Breaker(s) Style: Historic Vintage Roof: Metal Water: Public Sewer: Public
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Lot size: 0.4 acres Zoned: HN Surveyed: Unk Flood Zone: Unknown Seasonal: No Roads: Paved | Public Road Frontage: 118 Driveway: Paved |
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ADDITIONAL INFORMATION
Taxes $9,709 | Assesed Value $0 in |
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SCHOOLS
School District: Addison Northwest Elementary School: Vergennes UES #44 Middle School: Vergennes UHSD #5 High School: Vergennes UHSD #5 |
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15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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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 November 25th, 2024
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VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
https://www.sec.state.vt.us/media/711742/Mandatory-Consumer-Disclosure-for-a-Non-Designated-Agency-Brokerage-Firm-9-24-2015.pd
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http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf
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