67 Green Street
67 Green Street
Vergennes, VT 05491
$795,000
Price
8
Beds
5
Baths
4,592 Sq. Ft.
$173 / Sq. Ft.
4,592
Sq. Ft.
$173
per Sq. Ft.
Description
Incredible investment opportunity in charming Vergennes! This four unit apartment building has been lovingly maintained by the same owner for decades with low-maintenance and profitability in mind. The building has been updated with vinyl siding and windows, a metal roof, a brand new natural gas boiler, solar panels, carpet-free units, and a massive 5+ car garage with storage above offering tons of potential. The current owner has easily leased these for decades - tenants that have all been moved...Incredible investment opportunity in charming Vergennes! This four unit apartment building has been lovingly maintained by the same owner for decades with low-maintenance and profitability in mind. The building has been updated with vinyl siding and windows, a metal roof, a brand new natural gas boiler, solar panels, carpet-free units, and a massive 5+ car garage with storage above offering tons of potential. The current owner has easily leased these for decades - tenants that have all been moved into month-to-month leases so a new buyer has options (though they all want to stay). The income on this property speaks for itself - with a pair of 2 br units, one 1 br plus den, and a 3 br/2ba, this property would bring $60k+ per year to an investor's portfolio. Or live in one of the units and have your money working for you! There is ample off-street parking, and a cute yard with a small playground and garden area. Located just 2 short blocks behind the main business district of Vermont's Smallest (and arguably most charming) City, easy walking distance to the shops and restaurants. 30 minutes to Burlington and less than 20 minutes to Middlebury. What an opportunity!
- Listed by Sandy Palmer • Vermont Real Estate Company
Property Details for 67 Green Street
Zoning
HN
Location
Listing Courtesy of Vermont Real Estate Company
Add your commute
LISTING UPDATED: 05/24/2024 01:26 PM
Property Details for 67 Green Street
| Status | Active |
|---|---|
| MLS # | 4995640 |
| Days on Market | 17 |
| Taxes | $9,709 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1900 |
| Lot Size | 0.40 AC / 17,424 SF |
| County | Addison County |
Location
Listing Courtesy of Vermont Real Estate Company
Add your commute
Building Information for 67 Green Street
Stories2Residences4Year Built1900Building Size-Lot Size0.40 AC / 17,424 SF
Payment Calculator
$5,148 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,339
Property Taxes
$809
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 67 Green Street
Summary
Location and General Information
- Area Description: In Town, Near Shopping, Village, Near Public Transportatn
- City: Vergennes
- County: VT-Addison
- Directions: From Main St. (22A) in Vergennes downtown, head south on Green St. past the chocolate shop and Bar Antidote, building is on the left.
- Latitude: 44.166380127996504
- Longitude: -73.250111000000004
- Mount Location: Roof
- Road Frontage: Yes
- Seasonal: No
- State: VT
- Street Designation: Street
- Zip Code: 05491
Taxes and HOA Information
- SPAN Number: 663-210-10253
- Tax - Gross Amount: $9,708.52
- Tax Year: 2023
- Taxes TBD: No
School Information
- School - High: Vergennes UHSD #5
- School - District: Addison Northwest
- School - Elementary: Vergennes UES #44
- School - Middle/Jr: Vergennes UHSD #5
Parking
- Garage: Yes
- Garage Capacity: 5.00
- Driveway: Paved
Virtual Tour
- Unbranded Tour URL 1: https://green-mountain-3d.aryeo.com/sites/yrkpqjk/unbranded
Property
Lot Information
- Lot - Sqft: 17424.0
- Lot Features: Sidewalks
- Lot Size Acres: 0.4
- Road Frontage Length: 118.0
- Square Feet Apx Finished Above Grade: 4592.0
- Square Feet Apx Finished AG Source: Public Records
- Square Feet Apx Finished Below Grade: 0.0
- Square Feet Apx Total: 4592.0
- Square Feet Apx Total Finished: 4592.0
- Square Feet Apx Unfinished Above Grade: 0.0
- Square Feet Apx Unfinished Below Grade: 0.0
Property and Assessments
- Property Class: Multi-Family
- Construction Status: Existing
- Flood Zone: Unknown
- Foundation: Stone
- Power Production Ownership: Third-Party Owned
- Power Production Type: Photovoltaics
- PreConstruction: No
- Surveyed: Unknown
- Year Built: 1900
Utilities
- Electric: Circuit Breaker(s)
- Sewer: Public
- Water Source: Public
- Utilities: Cable, Gas - On-Site
- Total Gas Meters: 4
- Total Electric Meters: 4
- Separate Utilities: Yes
- Internet: High Speed Intrnt -Avail, Internet - Cable
Interior and Exterior Features
Exterior Features
- Color: White
- Construction Materials: Wood Frame
- Roads: Paved, Public
- Roof: Metal
- Total Ranges: 4
Interior Features
- Basement: Yes
- Basement Access Type: Walkout
- Basement Description: Crawl Space, Dirt Floor, Partial, Sump Pump
- Total Full Baths: 5
- Flooring: Vinyl, Wood, Vinyl Plank
- Heat Fuel: Gas - Natural
- Heating: Baseboard
- Cooling: None
- Total Refrigerators: 4
- Total Stories: 2
- Total Water Heaters: 2
Multi Family
Income & Expenses Information
- Gross Income: $86,700.00
- Net Income: $62,209.00
- Operating Expense Incl: Heat, Insurance, Maintenance, Sewer, Snow Removal, Trash, Utilities, Water, Water/Sewer
- Operating Expense: $24,491
Multi-Family Information
- Total Units: 4
- Total 1 BR Units: 1
- Total 2 BR Units: 2
- Total 3+ BR Units: 1
- Total Heat Units: 1
Unit Information
Unit 1
- Unit 1 Baths: 1
- Unit 1 Bedrooms: 2
- Unit 1 Lease Term: Month to Month
- Unit 1 Level Number: 2
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Status: Leased
- Unit 1 Apx Sqft: 1080.0
- Unit 1 Rooms: 5
- Unit 1 Rental Amount: $1,575.00
- Unit 1 Tenant Pays: Electric, Internet Service
Unit 2
- Unit 2 Lease Term: Owner Occupied
- Unit 2 Baths: 2
- Unit 2 Rooms: 6
- Unit 2 Status: Owner Occupied
- Unit 2 Level Number: 1
- Unit 2 Apx Sqft: 1200.0
- Unit 2 Bedrooms: 3
Unit 3
- Unit 3 Lease Term: Month to Month
- Unit 3 Baths: 1
- Unit 3 Rooms: 4
- Unit 3 Level Number: 2
- Unit 3 Rental Amt Freq: Monthly
- Unit 3 Status: Leased
- Unit 3 Bedrooms: 1
- Unit 3 Rental Amount: $1,600.00
- Unit 3 Tenant Pays: Electric, Internet Service
Unit 4
- Unit 4 Lease Term: Month to Month
- Unit 4 Level Number: 1
- Unit 4 Rental Amt Freq: Monthly
- Unit 4 Rooms: 4
- Unit 4 Baths: 1
- Unit 4 Apx Sqft: 1080.0
- Unit 4 Bedrooms: 2
- Unit 4 Status: Leased
- Unit 4 Rental Amount: $1,400.00
Rental
Rent Information
- Total Leases: 4
Property History for 67 Green Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 67 Green Street
Taxable ValueLand$47,500Additions$298,000Total$345,500
Home Facts
Beds5Total Finished SqFt4,592 SqFtAbove Grade Finished SqFt4,592 SqFtStories2Lot Size17,424 SqFtStyleSingle Family ResidenceYear Built1900CountyADDISONAPN(210) 0000260411
Schools near 67 Green Street
This home is within Addison Northwest Unified School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 12 | |||
| Public - | PK to 6 | |||
| Private - | K to 8 |
Rating | School | Distance |
|---|---|---|
Vergennes Uesd #44 PublicPK to 6 | ||
Vergennes Uhsd #5 Public7 to 12 | ||
Addison Central School PublicPK to 6 | ||
Champlain Valley Christian School PrivateK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Vermont Real Estate Company
Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 06/01/2024 11:45 AM
