297 Main Street, Vergennes, Vermont 05491

  • $395,000
297, Main Street, Vergennes, Addison County, Vermont, 05491, United States
Closed Resale Sold by Julie Danaher

297 Main Street, Vergennes, Vermont 05491

297, Main Street, Vergennes, Addison County, Vermont, 05491, United States
  • $395,000

Overview

  • Multi Family
  • Property Type
  • 4
  • Bedrooms
  • 3.5
  • Bathrooms
  • 0
  • Garage
  • 2,611
  • Sq Ft
  • 1900
  • Year Built

Description

Located at 297 Main Street in Vergennes, this three-unit property offers a strong mix of unit layouts, great rental history, long-term tenants, and a projected 8% cap rate. The property includes a 2-bedroom, 1.5-bath unit with a deck and excellent storage space, a freshly renovated upstairs 1-bedroom, 1-bath apartment, and a first-floor 1-bedroom flat with its own deck. Each unit has its own monitor heater and separately metered electric, offering a practical utility setup for ownership and management. Recent improvements include a new refrigerator in Apartment #1, new windows in Apartment #2, new fascia, basement column work, septic line updates, and a remodeled upstairs apartment. Set next to Settlers Park, the property offers easy access to outdoor recreation, with the park leading toward Otter Creek and nearby kayaking opportunities. With established tenancy, documented rental performance, and a convenient in-town Vergennes location, this triplex offers a compelling opportunity for investors seeking steady income potential. 2.5% offered to BA

  • Address 297 Main
  • City Vergennes
  • State/county Vermont
  • Zip/Postal Code 05491
  • Country United States

Details

Updated on August 31, 2026 at 6:24 pm
  • Price: $395,000
  • Property Size: 2,611 Sq Ft
  • Bedrooms: 4
  • Bathrooms: 3.5
  • Garage: 0
  • Year Built: 1900
  • Property Type: Multi Family
  • Property Status: Closed, Resale

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