Vergennes VT Multi Family for Sale

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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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Andrea D. Conner, License 71221, Xome Inc., License 68390, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067



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Vergennes Real Estate

The median home value in Vergennes, VT is $305,000. 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 $305,000. 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 has a population of 2,573. Vergennes is less family-centric than the surrounding county with 25.98% 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 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 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.

Vergennes Real Estate Market Conditions

  • Median sales price

    $305,000
    18.6% change since last quarter
  • # Active listings

    10
    30-day change

Vergennes Schools and Demographics

Education near Vergennes, VT

Metric City County
High School Graduates 91.64 94.32
College Degree - 2 year 9.62 7.95
College Degree - 4 year 32.18 42.26
Graduate Degree 8.31 11.63
Expenditures per Student 23,727 23,727
Students per Teacher 12.8 12.8

Elementary Schools near Vergennes, VT

School Grades Students P/T Ratio ZIP
Addison Central School PK - 06 83 15.3 05491
Beeman Elementary School PK - 06 91 10.2 05472
Bingham Memorial School PK - 06 82 9.6 05753
Bridport Central School PK - 06 90 11.1 05734
Ferrisburgh Central School PK - 06 190 11.6 05456
Middlebury ID #4 School PK - 06 461 15.8 05753
Vergennes UESD #44 PK - 06 317 16.7 05491
Weybridge Elementary School PK - 06 57 11.2 05753

Middle Schools near Vergennes, VT

School Grades Students P/T Ratio ZIP
Middlebury Union Middle School 07 - 08 259 9.4 05753

High Schools near Vergennes, VT

School Grades Students P/T Ratio ZIP
Middlebury Senior UHSD #3 09 - 12 641 13.7 05753
Vergennes UHSD #5 07 - 12 485 12.8 05491

Ungraded Schools near Vergennes, VT

School Grades Students P/T Ratio ZIP
Patricia A. Hannaford Career Center UG - UG 0 05753

Demographics near Vergennes, VT

Metric City County
Neighborhood Type Small Town
Population 2,573 37,306
Population Density 1,039 49
Median Age 46.3 43.8
People per Household 2.3 2.4
Median Household Income 65,750 77,978
Average Income per Capita 35,409 38,501