297 Main ST, Vergennes, VT 05491
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297 Main ST, Vergennes, VT 05491,Video Tour
297 Main ST, Vergennes, VT 05491
297 Main ST, Vergennes, VT 05491
297 Main ST, Vergennes, VT 05491
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Listed by Julie Danaher • Ridgeline Real Estate
$ 395,000
Est. payment /mo
New

297 Main ST Vergennes, VT 05491

4 Beds

3 Baths

2,611 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,611 sqft

Price per Sqft $151

MLS Listing ID 5096730

Bedrooms 4

Full Baths 3

Construction Status Existing

Year Built 1900

Annual Tax Amount $6,237

Tax Year 2026

Lot Size 0.300 Acres

Acres 0.3

Property Description

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.

Location

State VT

County Vt-addison

Area Vt-Addison

Zoning Res/other

Body of Water Creek

Rooms

Basement Entrance Walk-up

Basement Unfinished

Interior

Cooling Individual

Flooring Carpet, Vinyl, Wood

Exterior

Utilities Available Cable Available, Propane, Telephone Available

Waterfront Description Yes

View Y/N Yes

View Yes

Roof Type Shingle

Building

Story 2

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

Schools

Elementary Schools Vergennes Ues #44

Middle Schools Vergennes Uhsd #5

High Schools Vergennes Uhsd #5

School District Addison Northwest

Others

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297 Main ST

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