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Is it time to expand your portfolio? This four unit rental with longstanding tenants is a great option. It i slocated above the falls in Vergennes so it is close to all the amenities the Little city has to offer. Do you want to live in one unit and let the other three pay your mortgage? That is another option. This one won't last long! †
Property Location
11 MacDonough Drive Vergennes
Property Details
Sold Price $167,500
Sold Date Nov 10th, 2022
List Price 379,000
Bedrooms 7
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 4
Year Built 1880
MLS# 4924264
Lot Size 0.4 Acres
Taxes $6,562
Type Multi-Family
Days on Market 839 Days
Tax Year 2022
Units 4
Stories 2
Road Frontage 91
Annual Income $45,500
Style Apartment Building
Water Frontage
Annual Expenses $0
Finished 2,140 Sqft
Construction No, Existing
Zoning DDR,CBD
Above Grade 2,140 Sqft
Seasonal No
Total Rooms 7
Below Grade 0 Sqft
List Date Aug 5th, 2022
Gross Income $45,500
Operating Expenses $0
Net Income $29,664
Expenses Includes
Unit 1 2 Beds, 1 Baths, $950/Monthly
Unit 2 2 Beds, 1 Baths, $900/Monthly
Unit 3 2 Beds, 1 Baths, $900/Monthly
Unit 4 1 Beds, 1 Baths, $1,043/Monthly
ConstructionWood Frame
BasementWalkout, No Tenant Access, Exterior Access
Interior Features
Exterior Features
Exterior Vinyl Siding
Disability Features
Foundation Stone
House Color white
Floors Carpet, Vinyl, Vinyl, Wood
Building Certifications
Roof Slate, Metal, Slate
HERS Index
DirectionsFrom center of Vergennes West on Main Street take left onto MacDonough Drive third property on the left.
Lot DescriptionYes, City Lot, Sidewalks, Street Lights
Garage & Parking No, , , 4 Parking Spaces
Road Frontage 91
Water Access
Driveway Gravel
Water Type
Flood Zone No
Water Body
Zoning DDR, CBD
School District Addison Northwest
Middle Vergennes UHSD #5
Elementary Vergennes UES #44
High Vergennes UHSD #5
Heat Fuel , None, Multi Fuel, Gas-Lp/Bottle
Excluded
Heating/Cool None, Vented Gas Heater, Hot Air
Negotiable
Sewer Public
Parcel Access ROW
Water Public, Public
ROW for Other Parcel
Water Heater Electric, Separate, Owned
Financing
Cable Co Xfinity/comcast
Documents
Electric Circuit Breaker
Tax ID 663-210-10540
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† The remarks published on this webpage originate from Listed By Nancy Larrow of BHHS Vermont Realty Group/Vergennes via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.