25-27 Upper Main Street Essex, VT

$505,000
Beds 5
Baths 2
Square Footage 2,200
Acres 1.00
Photo of 25-27 Upper Main Street Essex VT 05451




Description

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.


Listed by Brian French Real Estate, Brian French

Details

MLS 5012984
Price $505,000
Status Active
DOM 100 days
Type Multi-Family
Style Duplex
Beds 5
Total Baths 2 full baths
Square Feet 2,200 sqft
Lot Size 1.00 acres
Year Built 1970
Taxes Paid $7,929

Lot & Building Features

Appliances Water Heater – Electric, Water Heater – Rented
Utilities Other
Construction Vinyl Exterior, Wood Frame
Cooling None
Heating Baseboard, Wall Furnace, Forced Air
Parking Description Attached, Parking Spaces 4, Garage
Sewer 1000 Gallon, Mound
Tax Year 2024
Taxes Paid $7,929
Water Drilled Well
Basement Description Full
Foundation Block
Lot Description Country Setting, Mountain View
Roof Shingle - Asphalt
Features Exterior Deck
Garage Yes

Unit Features

Unit 1 Apx Sqft 1100
Unit 1 Baths 2
Unit 1 Bedrooms 3
Unit 1 Info Appliances Included
Unit 1 Lease Term Month to Month
Unit 1 Level Number 1st
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1700.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 5
Unit 1 Style Townhouse
Unit 1 Tenant Pays All Utilities
Unit 2 Apx Sqft 1100
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Level Number 1st
Unit 2 Rental Agreement No
Unit 2 Rental Amount 1400.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 4
Unit 2 Style Townhouse
Unit 2 Tenant Pays All Utilities

Map

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Financing

$
20%
1.5702138613861%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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