Multi-Family for Sale: 25-27 Upper Main Street, Essex, VT 05451

5 beds
2 full baths
2,200 sqft
$505,000
$505,000
25-27 Upper Main Street, Essex, VT 05451
5 beds
2 full baths
2,200 sqft
$505,000
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Price:
$505,000
$10,000 - 10/28/2024

Type Multi-Family
Style Duplex
Beds 5
Total Baths 2 full baths
Square Feet 2,200 sqft
Lot Size 1.00 acres
Year Built 1970
Taxes Paid $7,929

City Essex
County Chittenden

MLS 5012984
Status Active
DOM 74 days
Side-by-side duplex located on 1 acre in desirable Essex Town. Townhouse style units with gas heat and full walk out basements. Long term tenants with under market rents; potential rent increases to market rents with a potential 6.2% cap rate or more. 1, 3 bedroom unit with 1.5 bath and 1, 2 bedroom unit with 1.5 baths. Both units have access to deck and to 1 car garages. Town water available to hook onto. Many improvements over the years: new windows, roof, and flooring, $15,000 in back with built-up landscaping and drainage improvements. Owner is licensed real estate agent in the State of Vermont. Group Showings to begin on 9/10.

Lot & Building Features

Appliances Water Heater – Electric, Water Heater – Rented
Utilities Other
Construction Vinyl Exterior, Wood Frame
Cooling None
Heat Source Electric, Gas - Natural
Heating Baseboard, Wall Furnace, Forced Air
Parking Description Attached, Parking Spaces 4, Garage
Sewer 1000 Gallon, Mound
Tax Year 2024
Taxes Paid $7,929
Water Drilled Well
Basement Description Full
Foundation Block
Lot Description Country Setting, Mountain View
Roof Shingle - Asphalt
Features Exterior Deck
Garage Yes

Unit Features

Unit 1 Apx Sqft 1100
Unit 1 Baths 2
Unit 1 Bedrooms 3
Unit 1 Info Appliances Included
Unit 1 Lease Term Month to Month
Unit 1 Level Number 1st
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1700.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 5
Unit 1 Style Townhouse
Unit 1 Tenant Pays All Utilities
Unit 2 Apx Sqft 1100
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Level Number 1st
Unit 2 Rental Agreement No
Unit 2 Rental Amount 1400.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 4
Unit 2 Style Townhouse
Unit 2 Tenant Pays All Utilities

Price History of 25-27 Upper Main Street, Essex, VT

Date Name Price Difference
10/28/2024 Price Adjustment $505,000 1.94%
09/09/2024 Price Adjustment $515,000 5.42%
09/06/2024 Listing Price $544,500 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$500,000
$248 / sqft
Average
$547,500
$272 / sqft
High
$595,000
$297 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Essex 05451 5 2.0 $505,000 2,200 $230 N/A
10-12 Silver Bow Terrace Essex Junction 05452-4132 4 2.0 $500,000 2,020 $248 07/08/2024
19 Maple Street Essex Junction 05452 4 2.0 $595,000 2,004 $297 09/16/2024

Map of 25-27 Upper Main Street, Essex, VT

Location Map Street View
Photo of The Patey Team
Direct: 603-548-6392
Office
PO Box 316
Raymond, NH 03077
Listed by Brian French Real Estate, Brian French
$
20%
1.5702138613861%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

25-27 Upper Main Street (MLS #5012984) is a multi-family listing located in Essex, VT. This multi-family listing is 2,200 sqft and on a lot of 43,560 sqft (or 1.00 acres) with 5 bedrooms, 2 baths and is 54 years old. This property was listed on 09/06/2024 and has been priced for sale at $505,000.

The 4 bedroom multi-family listing at 19 Maple Street in Essex Junction is nearby and sold for $595,000 on 09/16/2024. Another nearby 4 bedroom multi-family listing, 10-12 Silver Bow Terrace in Essex Junction sold for $500,000 on 07/08/2024.

Nearby zip codes are 05452 0, 05452 3411, 05452, 05495 9116 and 05495. This property neighbors other cities such as Colchester, Essex Junction, South Burlington, Williston and Winooski.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Brian French Real Estate

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/19/2024