86 South Water Street Vergennes, Vermont 05491 MLS# 4866762

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Sold Status

$160,000 Sold Price

Multi Type

4 Beds

2 Baths

2,088 Sqft

Listed By The Malley Group of KW Vermont
Sold By Michael Johnston of Coldwell Banker Hickok and Boardman
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Addison County

86 South Water Street

Take advantage of this great 2-unit property with access to the Otter Creek! A wonderful investment opportunity, this home includes two 2 bed, 1 bath units, giving you the chance to owner occupy one unit and rent the other or rent out both units. The upstairs unit includes a nicely laid-out kitchen and dining area, finished laundry space, and river views. The lower level unit includes an eat-in kitchen with a pass through window into the large living room. Outside, a large porch stretches across the home, looking out over the good-sized yard space with perennial gardens, a storage shed and direct access to Otter Creek. A small deck area by the water has enough room for seating to enjoy the view. Great location convenient to downtown Vergennes and Route 7!

Property Location

86 South Water Street Vergennes

Property Details

Sold Price  $160,000 Sold Date  Dec 2nd, 2021
List Price  175,000 Bedrooms  4 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  2 Year Built  1964
MLS#  4866762 Lot Size  0.2 Acres Taxes $3,539
Type  Multi-Family Days on Market  1255 Days Tax Year 2020
Units  2 Stories  2 Road Frontage  66
Annual Income  $19,200 Style  With Addition, Walkout Lower Level, Multi-Level, w/Addition, Walkout Lower Level Water Frontage  
Annual Expenses  $0 Finished  2,088 Sqft Construction  No, Existing
Zoning   Res Above Grade  1,104 Sqft Seasonal  No
Total Rooms  4 Below Grade  984 Sqft List Date  Jun 15th, 2021
Gross Income  $19,200 Operating Expenses  $0 Net Income  $12,361
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 1,104 SqFt, $800/Monthly Unit 2   2 Beds, 1 Baths, 1,104 SqFt, $800/Monthly
ConstructionWood Frame, Manufactured Home
BasementWalkout, Apartments, Finished, Walkout
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Poured Concrete House Color  White
Floors  Vinyl, Tile, Laminate Building Certifications  
Roof  Metal HERS Index  
DirectionsFrom 22A / Main Street, take South Water Street to #86
Lot DescriptionUnknown, River Frontage, View, River, Level, Boat Launch
Garage & Parking  No, , , Off Street, Off Street
Road Frontage  66 Water Access  
Driveway  Crushed Stone, Common/Shared Water Type  River
Flood Zone  Unknown Water Body  
Zoning  Res
School District  NA Middle  
Elementary   High  
Heat Fuel  , Kerosene, Gas-Lp/Bottle Excluded  
Heating/Cool  None, Space Heater Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Owned Financing  
Cable Co   Documents  Deed
Electric  Circuit Breaker Tax ID  663-210-10514
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† The remarks published on this webpage originate from Listed By The Malley Group of KW Vermont 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.