67 Green ST Under Contract

Vergennes,VT 05491

$ 795000

8 Beds

5 Baths

4592 SqFt


Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 4,592 sqft

Price per Sqft $173

MLS Listing ID 4995640

Bedrooms 8

Full Baths 5

Year Built 1900

Annual Tax Amount $9,708

Tax Year 2023

Lot Size 0.400 Acres

Property 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.

Location

State VT

County Vt-addison

Area Vt-Addison

Zoning HN

Rooms

Basement Entrance Walkout

Interior

Heating Gas - Natural

Cooling None

Flooring Vinyl,Vinyl Plank,Wood

Exterior

Garage Spaces 5.0

Utilities Available Cable,Gas - On-Site

Roof Type Metal

Building

Story 2

Foundation Stone

Sewer Public

Schools

Elementary Schools Vergennes Ues #44

Middle Schools Vergennes Uhsd #5

High Schools Vergennes Uhsd #5

School District Addison Northwest

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