REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Madison Roberge • Coldwell Banker Hickok and Boardman • Phone: 802-846-9589
$ 475,000
Est. payment | /mo
5 Beds
3 Baths
2,250 SqFt
$ 475,000
Est. payment | /mo
5 Beds
3 Baths
2,250 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,250 sqft
Price per Sqft $211
MLS Listing ID 5106721
Bedrooms 5
Full Baths 3
Construction Status Updated/Remodeled
Year Built 1880
Lot Size 0.600 Acres
Acres 0.6
Property Description
Exceptional multi-family investment opportunity in downtown Vergennes! This fully renovated duplex sits on .6 acres across two street parcels (White Street and Cataract Street), positioned near both Vergennes Falls Park and Settlers Park. The property features two residential units: a spacious three-bedroom and a comfortable two-bedroom, each completely updated with quality finishes and modern systems. Both units benefit from separate utilities, new high-efficiency heating systems with mini-splits for comfort and energy savings, entirely new plumbing and wiring throughout, fresh paint in all areas, and new flooring in some bedrooms and bathrooms. The two-bedroom unit includes spray foam insulation in the ceilings for enhanced energy efficiency. The three-bedroom unit features a covered front porch and updated kitchen with new island. Currently, one unit generates rental income; the other remains vacant, making owner-occupancy possible for investors seeking to live in one unit while collecting rent from the other. Listed significantly below the August 2025 appraised value. The property's lot configuration on both sides of the street offers further development potential for future growth. Ideal for owner-occupant investors, portfolio builders, or experienced investors seeking immediate cash flow and long-term appreciation. Perfect starter investment or expansion property!
Location
State VT
County Vt-addison
Area Vt-Addison
Zoning Res
Rooms
Basement Entrance Interior
Basement Crawl Space
Interior
Cooling Mini Split
Flooring Hardwood, Laminate, Other, Tile, Vinyl, Wood
Exterior
Utilities Available Gas at Street
Roof Type Metal,Shingle
Building
Story 2
Sewer Public
Architectural Style Duplex
Construction Status Updated/Remodeled
Schools and Properties Nearby
Find out why customers are choosing LPT Realty to meet their real estate needs
Learn More About LPT Realty