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Great investment opportunity in the village of Essex Junction. 4 - 1 bedrooms units in front building plus basement & one unit with enclosed porch. 4 - 2 bedroom units in back building with front balconies. Landlord pays heat but could be easily converted. Low rents with long term tenants, family owned property since 1971, plenty of parking & lots of potential! Coin-op washer & dryer for tenants. Large yard space, convenient location minutes to eateries, town pool & parks. †
Property Location
59-61 Park Street Essex Junction
Property Details
Contract Date Apr 8th, 2024
MLS# 4989890
Bedrooms 12
Garage Size Car
List Price 995,000
Total Bathrooms 8
Year Built 1970
Type Multi-Family
Lot Size 0.7000 Acres
Taxes $14,668
Units 8
Stories 2
Road Frontage 134
Annual Income $112,620
Style
Water Frontage
Annual Expenses $0
Finished 5,300 Sqft
Construction No, Existing
Zoning Res-office
Above Grade 5,300 Sqft
Seasonal No
Total Rooms 12
Below Grade 0 Sqft
List Date Apr 2nd, 2024
Gross Income $112,620
Operating Expenses $0
Net Income $0
Expenses Includes
Unit 1 1 Beds, 1 Baths, $1,400/Monthly
Unit 2 1 Beds, 1 Baths, $1,010/Monthly
Unit 3 1 Beds, 1 Baths, $1,200/Monthly
Unit 4 1 Beds, 1 Baths, $1,300/Monthly
Unit 5 2 Beds, 1 Baths, $1,100/Monthly
Unit 6 2 Beds, 1 Baths, $1,100/Monthly
Unit 7 2 Beds, 1 Baths, $1,075/Monthly
Unit 8 2 Beds, 1 Baths, $1,200/Monthly
Construction
BasementWalk-up, Unfinished, Slab, Full
Interior Features
Exterior Features
Exterior
Disability Features
Foundation Stone, Stone
House Color
Floors Vinyl, Carpet
Building Certifications
Roof Shingle-Asphalt
HERS Index
DirectionsFrom 5 corners onto Park Street, property across from Abair's Quality Car Care
Lot Description, Village, Near Bus/Shuttle
Garage & Parking No, Unassigned, 11-20 Spaces
Road Frontage 134
Water Access
Driveway Dirt
Water Type
Flood Zone No
Water Body
Zoning Res-office
School District NA
Middle Albert D. Lawton Intermediate
Elementary Hiawatha Elementary School
High Essex High
Heat Fuel
Excluded
Heating/Cool None, Baseboard, Hot Water
Negotiable
Sewer Public
Parcel Access ROW
Water
ROW for Other Parcel
Water Heater
Financing
Cable Co Xfinity
Documents Property Disclosure, Deed, Tax Map
Electric Circuit Breaker
Tax ID 208-066-16075
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† The remarks published on this webpage originate from Listed By Geri Reilly of Geri Reilly Real Estate via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.