67 Green Street Vergennes, VT

$795,000
Beds 8
Baths 5
Square Footage 4,592
Acres 0.40
Photo of 67 Green Street Vergennes VT 05491




Description

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.


Listed by Vermont Real Estate Company, Sandy Palmer

Details

MLS 4995640
Price $795,000
Status Active Under Contract
DOM 212 days
Type Multi-Family
Style Historic Vintage
Beds 8
Total Baths 5 full baths
Square Feet 4,592 sqft
Lot Size 0.40 acres
Year Built 1900
Taxes Paid $9,708

Lot & Building Features

Utilities Cable, Gas - On-Site
Construction Wood Frame
Cooling None
Heating Baseboard
Sewer Public
Tax Year 2023
Taxes Paid $9,708
Water Public
Basement Description Crawl Space, Sump Pump, Partial, Dirt Floor
Foundation Stone
Lot Description Sidewalks
Roof Metal
Garage Yes

Unit Features

Unit 1 Apx Sqft 1080
Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Lease Term Month to Month
Unit 1 Level Number 2
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1575.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 5
Unit 1 Status Leased
Unit 1 Tenant Pays Electric, Internet Service
Unit 2 Apx Sqft 1200
Unit 2 Baths 2
Unit 2 Bedrooms 3
Unit 2 Lease Term Owner Occupied
Unit 2 Level Number 1
Unit 2 Rental Agreement No
Unit 2 Rooms 6
Unit 2 Status Owner Occupied
Unit 3 Baths 1
Unit 3 Bedrooms 1
Unit 3 Lease Term Month to Month
Unit 3 Level Number 2
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1600.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 4
Unit 3 Status Leased
Unit 3 Tenant Pays Electric, Internet Service
Unit 4 Apx Sqft 1080
Unit 4 Baths 1
Unit 4 Bedrooms 2
Unit 4 Lease Term Month to Month
Unit 4 Level Number 1
Unit 4 Rental Agreement Yes
Unit 4 Rental Amount 1400.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Rooms 4
Unit 4 Status Leased

Schools

Elementary School Vergennes UES #44
Junior High School Vergennes UHSD #5
Senior High School Vergennes UHSD #5

Multi-Family Home for Sale: 67 Green Street, Vergennes, VT 05491

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Financing

$
20%
1.2211974842767%
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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