Sold Status
$550,000 Sold Price
Multi Type
7 Beds
3 Baths
2,765 Sqft
Sold By Vermont Real Estate Company
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Addison County
Fantastic opportunity with this 2016 built Triplex located just minutes to downtown Vergennes! Featuring (2) Three bedroom units and (1) one bedroom unit, this property generates over $4000 a month in rental income! Are you looking to be an owner occupied investor? Then this could be what your looking for as one of the 3 bed units on the 1st level is currently vacant and ready for occupancy! Each 3 bed unit offers plenty of space including well appointed kitchens with newer appliances (refrigerator, microwave, electric range, dishwasher, washer, dryer in each unit), plenty of cabinet and counter space, large living spaces with room for a dining area, decent sized bedrooms and closets, plenty of windows and private porches and entryways. The second floor 1 bedroom apt also features a spacious kitchen with newer appliances (refrigerator, microwave, electric range, washer and dryer), ample cabinet and counter space, a large living room, decent size bedroom and its own private entryway and porch. All 3 units have plenty of parking, separate on demand propane hot water heaters along with separate heat pump mini-splits that provide heating and cooling and there is also supplemental baseboard electric heat throughout. As a bonus there is a small private office within the structure currently that includes a half bath! Perfect space to work if need be while managing the property. You won't want to miss this one as newer multi-family properties like this do not hit the market often! †
Property Location
Property Details
Sold Price $550,000 | Sold Date Jun 3rd, 2022 | |
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List Price 499,900 | Bedrooms 7 | Garage Size Car |
Cooperation Fee Unknown | Total Bathrooms 3 | Year Built 2016 |
MLS# 4905389 | Lot Size 0.2 Acres | Taxes $8,194 |
Type Multi-Family | Days on Market 951 Days | Tax Year 2021 |
Units 3 | Stories 1/1/1900 | Road Frontage |
Annual Income $49,200 | Style Apartment Building | Water Frontage |
Annual Expenses $0 | Finished 2,765 Sqft | Construction No, Existing |
Zoning Residential | Above Grade 2,765 Sqft | Seasonal No |
Total Rooms 7 | Below Grade 0 Sqft | List Date Apr 15th, 2022 |