Bought with Scott Hardy • EXP Realty
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18 S Water ST Vergennes, VT 05491
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Key Details
Sold Price $516,000
Property Type Multi-Family
Sub Type Apartment Building,Freestanding,Historic Vintage,Multi-Family,Multi-Level,Victorian,Walkout Lower Level
Listing Status Sold
Purchase Type For Sale
Square Footage 3,877 sqft
Price per Sqft $133
MLS Listing ID 4849637
Sold Date 05/04/21
Style Apartment Building,Freestanding,Historic Vintage,Multi-Family,Multi-Level,Victorian,Walkout Lower Level
Bedrooms 6
Full Baths 4
Construction Status Existing
Year Built 1880
Annual Tax Amount $7,655
Tax Year 2020
Lot Size 0.580 Acres
Acres 0.58
Property Sub-Type Apartment Building,Freestanding,Historic Vintage,Multi-Family,Multi-Level,Victorian,Walkout Lower Level
Property Description
A four unit apartment building with positive cash flow is a real investment opportunity! Owner has taken care to keep apartments updated and occupied. There are two apartments with one bedroom, and two apartments with 2 bedrooms. Most of the units have hardwood floors in the main living areas, vinyl in the full bathrooms, some carpet in LL unit. Heat is a single source LP boiler with many zones of baseboard or radiator heating elements. Some new windows, fire escape on 2nd floor, slate and leaded roofing. The building is a beautiful, historic building with ornate details, a side porch and a solid stone foundation. The backyard is fenced and there is plenty of parking behind the building and on the street. Seller will provide an allowance of $20K to be used towards exterior painting. (No showings Tuesday 1-3 or Wednesday 1-3:30)
Location
State VT
County Vt-addison
Area Vt-Addison
Zoning HN
Rooms
Basement Entrance Walkout
Basement Apartments, Climate Controlled, Concrete, Concrete Floor, Full, Insulated, Partially Finished, Storage - Locked, Walkout, Exterior Access
Interior
Heating Gas - LP/Bottle
Cooling None
Flooring Carpet, Hardwood, Vinyl
Exterior
Exterior Feature Clapboard, Wood, Wood Siding
Garage Description Driveway, Off Street, On-Site, On Street, Unassigned
Utilities Available Gas - LP/Bottle
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Roof Type Metal,Other,Slate
Building
Lot Description City Lot, Mountain View, Neighbor Business, Open, Sidewalks, Trail/Near Trail, View
Story 2
Foundation Stone
Sewer Public
Water Public
Construction Status Existing
Schools
Elementary Schools Vergennes Ues #44
Middle Schools Vergennes Uhsd #5
High Schools Vergennes Uhsd #5
School District Addison Northwest
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