Vermont and New Hampshire Real Estate

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273-287 Main

Vergennes, VT 05491

$449,500

MLS# 4515170

Warren Palm

Listed by C21 Jack Associates/S. Burlington

About this property

Very high cash flow and great CAP Route. Yes, the landlord pays heat and water and sewer but the net income is still outstanding. New high-end heating system installed for whole building 2005; electrical updated 2006 and 2012 along with plumbing improvements. Each unit has its own thermostat but controlled by landlord. Each unit has its own washer/dryer hookup. Good off street parking. Grade level units have sunrooms and covered front porches. This is a very good property for seasoned investor; just do the numbers. 2012 each unit for new kitchens and new flooring.

 

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