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Solid five unit investment in Vergennes. All one bedroom apartments are in great condition and are fully leased. Loads of off-street parking, coin-op laundry, one block from everything. Many upgrades and constantly maintained. No deferred maintenance here.
Property Location
45 School ST Vergennes
Property Details
Sold Price $285,000
Sold Date Sep 4th, 2009
List Price 299,500
Bedrooms 5
Garage Size 10 Car
Cooperation Fee Unknown
Total Bathrooms 5
Year Built 1800
MLS# 3065841
Lot Size 0.2 Acres
Taxes $4,073
Type Multi-Family
Days on Market 5732 Days
Tax Year 2008
Units 5
Stories 2
Road Frontage 65
Annual Income $37,500
Style
Water Frontage
Annual Expenses $17,424
Finished 3,000 Sqft
Construction No, Existing
Zoning
Above Grade 2,200 Sqft
Seasonal
Total Rooms 5
Below Grade 800 Sqft
List Date Mar 13th, 2009
Gross Income $37,500
Operating Expenses $17,424
Net Income $0
Expenses Includes
Unit 1 1 Beds, 1 Baths, 600 SqFt, $550/Monthly
Unit 2 1 Beds, 1 Baths, 600 SqFt, $550/Monthly
Unit 3 1 Beds, 1 Baths, 600 SqFt, $600/Monthly
Unit 4 1 Beds, 1 Baths, 600 SqFt, $550/Monthly
Unit 5 1 Beds, 1 Baths, 900 SqFt, $875/Monthly
Construction
BasementWalkout, Apartments, Partially Finished
Interior Features
Exterior Features
Exterior Brick
Disability Features
Foundation
House Color Red
Floors
Building Certifications
Roof Slate
HERS Index
DirectionsRoute 22 or Main Street to center of Vergennes. Turn on Green Street, take first left on School Street. Property on right.
Lot Description, Other
Garage & Parking Yes, , , On Site
Road Frontage 65
Water Access
Driveway Gravel
Water Type
Flood Zone
Water Body
Zoning
School District NA
Middle Vergennes UHSD #5
Elementary Vergennes UES #44
High
Heat Fuel , Electric
Excluded
Heating/Cool Individual, Baseboard, Individual, Hot Water
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