Under contract

297 Main St, Vergennes, VT 05491

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRidgeline Real Estate
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Overview

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

Full feature list

Basic info

Property type
Other residential
Number of stories
2
Lot size (acres)
0.30
Year built
1900

Interior features

Basement
Yes, Finished

Utilities

Heating
Propane
Cooling
Individual

Public schools

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Sourced from: PrimeMLS MLS®#: 5096730 Last checked:

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