Prime Investment Opportunity in the Heart of Essex Junction! Location is everything, and this property delivers. Situated in the highly sought-after Village Center Zoning district, it offers endless possibilities for residential, commercial, or mixed-use development. The property currently features a spacious 4-bedroom home, a 3,600 sq. ft. commercial space with a 2-bedroom apartment above, and a commercial garage/office space at the rear. With road frontage on both Lincoln Street and School Street, it provides excellent visibility and accessibility. Additionally, the open land offers potential for future development. Positioned right at Five Corners in Essex Junction, this is a rare opportunity to invest in a high-traffic, high-growth area. †

Essentials

List Price 2,650,000	Bedrooms 6	Garage Size 3 Car
Cooperation Fee Unknown	Total Bathrooms 2	Year Built 1900
MLS# 5033938	Lot Size 0.48 Acres	Taxes $14,968
Type Multi-Family	Days on Market 24 Days	Tax Year 2024
Units 4	Stories 2	Road Frontage 202
Annual Income $94,800	Style	Water Frontage
Annual Expenses $0	Finished 7,824 Sqft	Construction No, Existing
Zoning Village Center	Above Grade 7,824 Sqft	Seasonal No
Total Rooms 6	Below Grade 0 Sqft	List Date Mar 28th, 2025

Expenses

Gross Income $94,800	Operating Expenses $0	Net Income $77,466

Expenses Includes

Unit Size & Rent

Unit 1 4 Beds, 2 Baths, 204 SqFt, $2,650/Monthly	Unit 2 Beds, Baths, 1,800 SqFt, $1,500/Other
Unit 3 2 Beds, Baths, $2,250/Monthly	Unit 4 Beds, Baths, 2,220 SqFt, $1,500/Monthly

Building

Construction
BasementInterior, Unfinished
Interior Features
Exterior Features

Exterior	Disability Features
Foundation Concrete	House Color
Floors	Building Certifications
Roof Shingle-Asphalt	HERS Index

Property

DirectionsTake VT-2A N. stay straight at the 5 corners intersection in Essex to Lincoln Street, property on the left.
Lot Description
Garage & Parking Yes, Attached

Road Frontage 202	Water Access
Driveway Paved	Water Type
Flood Zone No	Water Body
Zoning Village Center

Schools

School District NA	Middle
Elementary	High

Utilities

Heat Fuel	Excluded
Heating/Cool Central Air, None, Baseboard	Negotiable
Sewer Public	Parcel Access ROW
Water	ROW for Other Parcel
Water Heater	Financing
Cable Co	Documents
Electric Circuit Breaker	Tax ID 207-066-14621