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Courtesy of Brian French of Brian French Real Estate: .

25-27 Upper Main Street

Essex, VT 05451
  • $515,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 5012984
UPDATED: 53 min ago
$515,000
  • 5
    BEDS
  • 1
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,200
    SQFT
  • $234
    $/SQFT
Type:
Multi-Family
Built:
1970
County:
Area:

School Ratings & Info

Description

Side-by-side duplex located on 1 acre in desirable Essex Town. Townhouse style units with gas heat and full walk out basements. Long term tenants with under market rents; potential rent increases to market rents with a potential 6.2% cap rate or more. 1, 3 bedroom unit with 1.5 bath and 1, 2 bedroom unit with 1.5 baths. Both units have access to deck and to 1 car garages. Town water available to hook onto. Many improvements over the years: new windows, roof, and flooring, $15,000 in back with built-up landscaping and drainage improvements. Owner is licensed real estate agent in the State of Vermont. Group Showings to begin on 9/10.

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© Copyright 2024 PrimeMLS. 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 2024-10-15T18:07:09.507.
www.livingvermont.com/homes/154776105
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25-27 Upper Main Street Essex, VT 05451

  • Price: $515,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 53 min ago
  • MLS #: 5012984
5
Beds
2
Baths
0
½ Baths
1
Acres
2,200
SQFT
$234
$/SQFT
1970
Built
County:
Chittenden
Area:
Essex
Property Description
Side-by-side duplex located on 1 acre in desirable Essex Town. Townhouse style units with gas heat and full walk out basements. Long term tenants with under market rents; potential rent increases to market rents with a potential 6.2% cap rate or more. 1, 3 bedroom unit with 1.5 bath and 1, 2 bedroom unit with 1.5 baths. Both units have access to deck and to 1 car garages. Town water available to hook onto. Many improvements over the years: new windows, roof, and flooring, $15,000 in back with built-up landscaping and drainage improvements. Owner is licensed real estate agent in the State of Vermont. Group Showings to begin on 9/10.
Exterior Features

Architectural Style Duplex Area Description Near Shopping Color Grey Construction Materials Wood FrameVinyl Exterior Driveway Gravel Exterior Features Deck Has Garage Yes Lot Features Country SettingMountain View Parking GarageParking Spaces 4Attached Road Frontage Yes Road Frontage Length 100 Roads Public Roof Shingle - Asphalt

Interior Features

Basement Access Type Walkout Basement Description Full Cooling None Flooring CarpetLaminateVinyl Foundation Block Has Basement Yes Heating BaseboardForced AirWall Furnace Total Heated Units 2 Total Ranges 2 Total Refrigerators 2 Total Water Heaters 2 Unit1 Approx Sq Ft 1100 Unit1 Baths 2 Unit2 Approx Sq Ft 1100 Unit2 Baths 1

Property Features

Construction Status Existing Easements Unknown Electric Circuit Breaker(s) Electric Company GMP Flood Zone No Foreclosed / Bank Owned / REO No Fuel Company VT Gas Heat Fuel ElectricGas - Natural Possession 1031 Exchange Pre Construction No Seasonal No Sewer 1000 GallonMound Tax Gross Amount 7929.58 Tax Year 2024 Taxes Tbd No Total Electric Meters 2 Total Gas Meters 2 Total Leases 2 Total1 Bed Units 0 Total2 Bed Units 1 Total3 Plus Bed Units 1 Trash Tenant Unit1 Info Appliances Included Unit1 Rental Amount 1700 Unit1 Tenant Pays All Utilities Unit2 Rental Amount 1400 Unit2 Tenant Pays All Utilities Utilities Other Water Source Drilled Well Zoning Res

Courtesy of Brian French of Brian French Real Estate: .


© Copyright 2024 PrimeMLS. 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 2024-10-15T18:07:09.507.
 
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