235 River Road Essex, Vermont 05452 MLS# 4865482

Great opportunity exists with this 4 unit multifamily property located in Essex on a corner lot with over 2 acres of land! There are 4 apartments on the upper level all with private entrances. Most of the ground level is currently used for owners storage with space to hold 4-6 vehicles and could be an additional source of income. All units are one bedroom with an additional room for use as an office space, etc. Apartments 2 and 3 are in the back and have private decks. Each unit also has washer and dryer hook-ups and is heated by a natural gas direct vent heater. There is a large yard and woods that allows each unit to have some outdoor space, gardening spot, etc as well as a huge parking lot that provides plenty of easy parking for tenants as well as visitors. The property is also directly on the bus line making it very convenient for tenants. The gross monthly income for all units is nearly $3500 and the rents are considered below market rate with room to increase. All units currently rented with month to month leases. †

Property Location

Property Details