Vergennes VT Multi Family for Sale
$795,000
67 Green Street Vergennes, VT 05491
- Type:
- Multi-Family
- Sq.Ft.:
- 4,592
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.4 Acres
- Year built:
- 1900
- Baths:
- 5.00
- MLS#:
- 4995640
ADDITIONAL INFORMATION
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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Vergennes Real Estate
The median home value in Vergennes, VT is $308,200. This is lower than the county median home value of $362,000. The national median home value is $338,100. The average price of homes sold in Vergennes, VT is $308,200. Approximately 57.18% of Vergennes homes are owned, compared to 36.92% rented, while 5.9% are vacant. Vergennes real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Vergennes real estate agent to arrange a tour today!
Vergennes, Vermont 05491 has a population of 2,573. Vergennes 05491 is less family-centric than the surrounding county with 25.26% of the households containing married families with children. The county average for households married with children is 26.02%.
The median household income in Vergennes, Vermont 05491 is $65,750. The median household income for the surrounding county is $77,978 compared to the national median of $69,021. The median age of people living in Vergennes 05491 is 46.3 years.
Vergennes Weather
The average high temperature in July is 81.6 degrees, with an average low temperature in January of 9.7 degrees. The average rainfall is approximately 37.4 inches per year, with 70 inches of snow per year.