395,000

House for sale Vergennes
Property photo number 1 of 6 Photos for Property. File  105228996_29_424aea560115f9215237b7a97b988671.jpeg

Overview

SUMMARY: Discover an opportunity with this Vergennes house for sale and available for 395,000. This could be your next ideal home or a smart investment. More details await.
Located at 297 Main Street in Vergennes, this three-unit property offers a strong mix of unit layouts, great rental history, long-term tenants, and a projected 8% cap rate. The property includes a 2-bedroom, 1.5-bath unit with a deck and excellent storage space, a freshly renovated
upstairs 1-bedroom, 1-bath apartment, and a first-floor 1-bedroom flat with its own deck. Each unit has its own monitor heater and separately metered electric, offering a practical utility setup for ownership and management. Recent improvements include a new refrigerator in Apartment #1, new windows in Apartment #2, new fascia, basement column work, septic line updates, and a remodeled upstairs apartment. Set next to Settlers Park, the property offers easy access to outdoor recreation, with the park leading toward Otter Creek and nearby kayaking opportunities. With established tenancy, documented rental performance, and a convenient in-town Vergennes location, this triplex offers a compelling opportunity for investors seeking steady income potential.

Details

  • Beds: 4
  • Baths: 3
  • Price: 395,000
  • Area: 2,611 sqft

Location

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