67 Green ST Under Contract Save Request In-Person Tour Request Virtual Tour
Vergennes,VT 05491
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
Construction Status Existing
Year Built 1900
Annual Tax Amount $9,708
Tax Year 2023
Lot Size 0.400 Acres
Acres 0.4
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
Basement Crawl Space,Dirt Floor,Partial,Sump Pump
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
Construction Status Existing
Schools
Elementary Schools Vergennes Ues #44
Middle Schools Vergennes Uhsd #5
High Schools Vergennes Uhsd #5
School District Addison Northwest