28 Prospect Street Essex Junction, Vermont 05452 MLS# 5013386

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For Sale Status

$419,000 List Price

Multi Type

3 Beds

2 Baths

1,554 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman - (802) 846-8800
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Chittenden County

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Essex Junction Duplex

Essex Junction duplex located on a peaceful dead-end street, just minutes from multiple schools and local amenities. The main level features a 2-bedroom apartment with an updated kitchen, full bath, plus access to the basement with a bonus room, storage space, and laundry hook-ups. Upstairs, a 1-bedroom unit offers a spacious living room and 3/4 bath. Both units have separate heat and electric. With ample off-street parking, a separate exterior basement entrance, and lovely backyard for gardening or play, this property is ideal for investors or owner-occupiers alike. Conveniently close to Five Corners, parks, restaurants, shopping, and the Champlain Valley Expo.

Cooperation Fee - 2.5%

The Seller(s) of this property has authorized the Listing Agency/Agent to offer a Cooperation Fee or Seller Concession toward Buyers’ closing costs in the amount of 2.5% with accepted terms of an offer. This fee is offered to Buyer’s Agents and Broker’s Agents. This fee must be agreed to in writing within the terms of the Purchase & Sale Contract or in a fully executed Commission Allocation Agreement or Cooperation Agreement between the brokerage firms; and will be paid at closing.

Property Location

28 Prospect Street Essex Junction

Property Details

List Price  419,000 Bedrooms  3 Garage Size   Car
Cooperation Fee  2.5% Total Bathrooms  2 Year Built  1955
MLS#  5013386 Lot Size  0.19 Acres Taxes $6,596
Type  Multi-Family Days on Market  26 Days Tax Year 2024
Units  2 Stories  1/1/1900 Road Frontage  
Annual Income  $27,000 Style   Water Frontage  
Annual Expenses  $0 Finished  1,554 Sqft Construction  No, Existing
Zoning   Res Above Grade  1,326 Sqft Seasonal  No
Total Rooms  3 Below Grade  228 Sqft List Date  Sep 9th, 2024
Gross Income  $27,000 Operating Expenses  $0 Net Income  $15,664
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $1,500/Monthly Unit 2   1 Beds, 1 Baths, $750/Monthly
Construction
BasementWalk-up, Storage Space, Unfinished, Bulkhead, Interior Stairs, Full, Finished, Interior Access
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Block House Color  Gray
Floors  Carpet, Laminate, Vinyl Plank Building Certifications  
Roof  Shingle HERS Index  
DirectionsPearl Street to Hillcrest Road, left onto Prospect Street, 2nd home on left.
Lot Description
Garage & Parking  No, Driveway
Road Frontage   Water Access  
Driveway  Gravel Water Type  
Flood Zone  Unknown Water Body  
Zoning  Res
School District  Essex Westford School District Middle  Albert D. Lawton Intermediate
Elementary  Summit Street School High  Essex High
Heat Fuel  , Oil, Electric Excluded  
Heating/Cool  None, Baseboard Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  208-066-13291
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✱ If you engage a brokerage firm to represent you in a real estate transaction, you are responsible for compensating the firm according to the terms of your brokerage service agreement. Compensation to be paid under a brokerage service agreement is solely and entirely a matter of negotiation between an agent and client and is in no way controlled, fixed, or pre-established. Historically, cooperation fees were published in the Multiple Listing Service (MLS) for each Listing. Recent changes to the rules, prohibit the publication of these fees in the MLS but allow the display on a brokerage's website for their Clients' listings.