Middlebury, VT 05753
O: 802-388-4242
F: 802-388-4299
3 King Street
Vergennes , VT
$175,000 | 2 Units | 2448 Sq. Ft. | MLS# 4104714Listed by: Ryan, Amey/Ingrid Punderson Jackson Real Estate
Great Vergennes Location! Once a single family home, this two unit rental property is a super investment opportunity. The first floor unit is currently vacant but most recently rented for $1000/month. It's just been cleaned and is ready for some personal touches (paint), has access to the basement for storage, washer/dryer, full bath, pantry, kitchen, dining, living room and two bedrooms. Second floor currently rents for $1000 with kitchen, living room and three bedrooms as well as access to the full walk-up attic (which could be finished for additional living space). Nice fenced yard, two car detached garage, and all within walking distance to downtown Vergennes...shopping, great dining and pubs, banking, church and the Vergennes Opera House. With such low interest rates this is an excellent owner-occupied opportunity. (Also listed as a single family residence under MLS #4104770)
Features
Attic 1st Flr Hard Surface Flr, 1st Floor Full Bathrm, 1st Floor Bedroom, 1st Floor Laundry Porch-Covered
For more information call us at 802-388-4242
Multi-Family
Total Units: 2
Year Built: 1880
Square Feet: 2448
Gross Annual Income: $24,000
Lot Size: 0.20 Acres
Annual Operating Expenses: $13,052
Zoning: Residential
Unit Information
| Unit 1 | Unit 2 | Unit 3 | Unit 4 | Unit 5 | Unit 6 | Unit 7 | Unit 8 | |
|---|---|---|---|---|---|---|---|---|
| Bedrooms | 2 | 2 | ||||||
| Bathrooms | 1 | 1 | ||||||
| Rent | $1000 |
Expenses $13,052
Heat Expense: $6,500
Utilities Expense: $650
Water/Sewer Expense: $736
Property Taxes: $4,350
Property Description
Number Of Garage Spaces: 2
Road Frontage: 186.00 FT
Flood Zone: N
Surveyed: N
Seasonal Property: N
Construction Wood Frame
Electric Circuit Breaker
Exterior Clapboard
Financing Conventional
Foundation Stone
Heat Fuel Oil
Hot Air
Income Verification Owner Records
Neighborhood Intown,Near Public Trans
Operating Expenses $0
Posession At Closing
Rent Includes Heat,Parking,Sewer,Water
Roads Paved, Public
Roof Shingle-Asphalt
Sewer Public
Style Converted, Duplex
Trash Tenant
Unit Information Den,Dryer,Electric,Heat,Hot Water,Laundry Hook Up,Oil Heat,Porch,Range-Electric,Refrigerator,Storage,Washer,Water Heater
Water Public
Water Heater Separate,Electric
Garage Parking 3-5 Spaces, Garage, On Site, On Street
Driveway Common/Shared, Gravel
Basement Exterior Stairs, Interior Stairs, Storage Space, Sump Pump, Unfinished, Walk Up, Full
Documents Available Deed, Property Disclosure
Floors Hardwood, Other, Vinyl
Lot Description Level, Near Bus/Shuttle, City Lot, Village, Corner
Schools
High School: Vergennes UHSD #5
Middle School: Vergennes UHSD #5
Elementary School: Vergennes UES #44
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