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.

More Info

Tax Information

Tax Year2024

Building

Year Built1970
Units2
Unit 1 Bath2
Unit 1 Bedrooms3
Unit 1 Floor Location1st
Unit 1 Total Rooms5
Unit 2 Bath1
Unit 2 Bedrooms2
Unit 2 Floor Location1st
Unit 2 StyleTownhouse
Unit 2 Total Rooms4
# of 2 Bedrooms1
# of 3+ Bedrooms1
Bathroom2
Total Baths2
BasementFull
FoundationBlock

Basic Information

StatusACT
List Price$515,000
Date Price Change09/09/2024
MLS Number5012984
MLS StatusActive

Property

Acreage1
Parking Spaces2
Square Feet2,200
APX Fin AG Sqft2,200
Road Frontage100
RoadsPublic
AreaNear Shopping

Amenities

Exterior AmenitiesDeck
PricePerSqFt234.09

Other

Taxes$7,929.58
Seasonal Y/NNo
TrashTenant
Date Listed09/06/2024
Date Showings Begin2024-09-10
Unit 1 Deposit$1,700
Unit 2 Rent Amount$1,400
View Count15

Location

TownEssex
StateVT
Zip05451
CountyChittenden
ZoningRes
Flood Zone Y/NNo

Interior

FloorsCarpet, Laminate, Vinyl

Exterior

RoofShingle - Asphalt
Exterior ColorGrey

Utilities

Heat FuelElectric, Gas - Natural
Heat SystemBaseboard, Forced Air, Wall Furnace
ElectricCircuit Breaker(s)
Sewer1000 Gallon, Mound
UtilitiesOther

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 October 14, 2024 9:09 PM EDT

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