Sold Status
$325,000 Sold Price
Multi Type
6 Beds
3 Baths
2,074 Sqft
Sold By Leslie Quinn of Coldwell Banker Hickok and Boardman
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Addison County
Located just a few minute walk from Main St in Downtown Vergennes, this conveniently located duplex sits on a large .30 acre lot that is loaded with opportunity! One unit offers 3 bedrooms and 1.5 baths and has been beautifully renovated in recent years and is currently rented at $1750 a month. The first floor of this unit has a nice dining area, large living room, spacious kitchen with a walk in pantry and an updated full bath with laundry. Upstairs are 3 bedrooms, including the master with dual closets, along with a convenient half bath. The second unit also has 3 bedrooms along with a 3/4 bath and is being rented at $1025 a month. With some updates to this unit there is certainly the potential to increase the rent accordingly. The property also includes a detached 2 car garage/barn on an adjacent .10 acre lot that offers plenty of room for vehicles, additional parking outside and lots of storage space and could possibly be subdivided off as a separate lot to be developed. Also for sale just across the street and next to the detached garage is 5-7 Cataract Street (MLS#4917563) which could be purchased as well and possibly combined with the garage/barn for potential future expansion/development. Owners pay heat, hot water, trash, water, sewer, plowing and landscaping with a new heating system about to be installed! †
Property Location
Property Details
Sold Price $325,000 | Sold Date Feb 10th, 2023 | |
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List Price 369,900 | Bedrooms 6 | Garage Size 2 Car |
Cooperation Fee Unknown | Total Bathrooms 3 | Year Built 1880 |
MLS# 4917565 | Lot Size 0.3 Acres | Taxes $2,761 |
Type Multi-Family | Days on Market 883 Days | Tax Year 2021 |
Units 2 | Stories 1/1/1900 | Road Frontage |
Annual Income $33,900 | Style Duplex | Water Frontage |
Annual Expenses $0 | Finished 2,074 Sqft | Construction No, Existing |
Zoning Residential | Above Grade 2,074 Sqft | Seasonal No |
Total Rooms 6 | Below Grade 0 Sqft | List Date Jun 22nd, 2022 |