Side-by-side duplex located on 1 acre in desirable Essex Town. Townhouse style units with gas heat and full walk out basements. Long term tenants with under market rents; potential rent increases to market rents with a potential 6.2% cap rate or more. 1, 3 bedroom unit with 1.5 bath and 1, 2 bedroom unit with 1.5 baths. Both units have access to deck and to 1 car garages. Town water available to hook onto. Many improvements over the years: new windows, roof, and flooring, $15,000 in back with built-up landscaping and drainage improvements. Owner is licensed real estate agent in the State of Vermont. Group Showings to begin on 9/10.
The median home value in Essex, VT is $472,500. This is higher than the county median home value of $449,900. The national median home value is $338,100. The average price of homes sold in Essex, VT is $472,500. Approximately 65.43% of Essex homes are owned, compared to 32.65% rented, while 1.92% are vacant. Essex 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 Essex real estate agent to arrange a tour today!
Essex, Vermont has a population of 21,851. Essex is more family-centric than the surrounding county with 33.62% of the households containing married families with children. The county average for households married with children is 31.07%.
The median household income in Essex, Vermont is $88,136. The median household income for the surrounding county is $81,957 compared to the national median of $69,021. The median age of people living in Essex is 41.7 years.
The average high temperature in July is 80.8 degrees, with an average low temperature in January of 9.2 degrees. The average rainfall is approximately 40.2 inches per year, with 79.5 inches of snow per year.