MOTIVATED SELLER! Fantastic investment opportunity in the heart of Essex Junction! This well-maintained multifamily duplex at 9-11 East St offers two spacious units, each featuring 3 bedrooms and 1 bathroom. Both units boast beautiful hardwood floors, in-unit washer and dryer, and a strong rental historyâ??making this property an ideal choice for investors or owner-occupants looking for rental income. Located in a desirable neighborhood with easy access to local amenities, schools, and transportation, this duplex provides stable cash flow and significant potential for future growth. Whether youâ??re expanding your portfolio or seeking your first investment property, this is a must-see opportunity!
This tastefully renovated duplex offers one-level living with 2 bedrooms and 1 bath per unit, plus bonus living space. Recent upgrades include new flooring, roof, exterior siding, paint, plumbing, and a new hot water tank in one unit. The property boasts new appliances, electrical upgrades, drilled well with new expansion tank, and a septic pumping with Terralift rejuvenation. The large lot is adorned with crab apple trees, berry bushes, and lilacs. Each unit has bonus rooms (two in one unit, one in the other), and tenants pay their own utilities, including mowing and snow shoveling. The property is heated with natural gas, keeping costs low. Two driveways provide ample parking. Located conveniently on Rt-2 between Essex and Colchester, with easy access to Mallets Bay, Burlington City, restaurants, shopping, and outdoor recreation. Ideal for investors or as an owner-occupied income property. Tenants pay utilities and maintenance fees.
The median home value in Essex Junction, VT is $470,000. 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 Junction, VT is $470,000. Approximately 56.47% of Essex Junction homes are owned, compared to 39.85% rented, while 3.68% are vacant. Essex Junction 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 Junction real estate agent to arrange a tour today!
Essex Junction, Vermont has a population of 10,473. Essex Junction is more family-centric than the surrounding county with 34.55% 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 Junction, Vermont is $79,677. 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 Junction is 39 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.