11 MacDonough Drive Vergennes, Vermont 05491

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Under Contract Status
$379,000 List Price
Multi Type
7 Beds
4 Baths
2,140 Sqft
Listed By Nancy Larrow of BHHS Vermont Realty Group/Vergennes

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Addison County

Is it time to expand your portfolio? This four unit rental with longstanding tenants is a great option. It i slocated above the falls in Vergennes so it is close to all the amenities the Little city has to offer. Do you want to live in one unit and let the other three pay your mortgage? That is another option. This one won't last long!

Property Location

Property Details

Contract Date  Sep 7th, 2022
MLS#  4924264 Bedrooms  7 Garage Size   Car
List Price  379,000 Total Bathrooms  4 Year Built  1880
Type  Multi-Family Lot Size  0.4000 Acres Taxes $6,562
Units  4 Stories  2 Road Frontage  91
Annual Income  $45,500 Style  Apartment Building Water Frontage  
Annual Expenses  $0 Finished  2,140 Sqft Construction  No, Existing
Zoning   DDR,CBD Above Grade  2,140 Sqft Seasonal  No
Total Rooms  7 Below Grade  0 Sqft List Date  Aug 5th, 2022
Gross Income  $45,500 Operating Expenses  $0 Net Income  $29,664
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $950/Monthly Unit 2   2 Beds, 1 Baths, $900/Monthly
Unit 3   2 Beds, 1 Baths, $900/Monthly Unit 4   1 Beds, 1 Baths, $1,045/Monthly
ConstructionWood Frame
BasementWalkout, No Tenant Access, Exterior Access
Interior Features
Exterior Features
Exterior  Vinyl Siding Disability Features  
Foundation  Stone House Color  white
Floors  Carpet, Vinyl, Vinyl, Wood Building Certifications  
Roof  Slate, Metal, Slate HERS Index  
DirectionsFrom center of Vergennes West on Main Street take left onto MacDonough Drive third property on the left.
Lot DescriptionYes, City Lot, Sidewalks, Street Lights
Garage & Parking  No, , , 4 Parking Spaces
Road Frontage  91 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  DDR, CBD
School District  Addison Northwest Middle  Vergennes UHSD #5
Elementary  Vergennes UES #44 High  Vergennes UHSD #5
Heat Fuel  , None, Multi Fuel, Gas-Lp/Bottle Excluded  
Heating/Cool  None, Vented Gas Heater, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public, Public ROW for Other Parcel  
Water Heater  Electric, Separate, Owned Financing  
Cable Co  Xfinity/comcast Documents  
Electric  Circuit Breaker Tax ID  663-210-10540

† The remarks published on this webpage originate from Listed By Nancy Larrow of BHHS Vermont Realty Group/Vergennes 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.