NOT LISTED FOR SALE

54 S Maple St Vergennes, VT 05491

Estimated Value: $353,339

5 Beds
1 Bath
2,660 Sq Ft
$133/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $340,000 $128 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,337/month

40 Days on Market

Highlights

  • Corner Lot
  • Zoned Heating
  • High Speed Internet
  • Enclosed patio or porch
  • Hot Water Heating System
  • 4-minute walk to Town Green

About This Home

As of August 2023

Is it time to make an investment? This is the perfect opportunity to add to your portfolio. This building has a solid rental history and is fully rented at this time. If you want to live onsite there is a choice of a two bedroom unit or three units with one bedroom each. They each have their own entrance with a mix of open and enclosed porches. The yard is small and easy to maintain. All of the appliances are included in the sale and 4 deeded off street parking spaces right in the backyard. only 2 blocks to the center of town for all of the conveniences the little city has to offer.

Last Agent to Sell the Property

Nancy Larrow

BHHS Vermont Realty Group/Vergennes License #081.0111509 Listed on: 05/19/2023

BHHS Vermont Realty Group/Vergennes

Last Buyer's Agent

TANNER FAUCETT

Element Real Estate License #082.0134328

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,196

Year Built

  • Built in 1880

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 2-Story Property

Unfinished Basement

  • Partial Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Parking

  • 4 Car Parking Spaces
  • Paved Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Enclosed patio or porch

Schools

  • Vergennes UES #44 Elementary School
  • Vergennes Uhsd #5 Middle School
  • Vergennes Uhsd #5 High School

Utilities

  • Zoned Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $12,616
  • Gross Income $45,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,196

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: From center of Vergennes take Maple Street to corner of Roberts and S Maple.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 127.82
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3760
  • Sq Ft - Apx Total Finished: 2660
  • Year Built: 1880
  • Remarks Public: Is it time to make an investment? This is the perfect opportunity to add to your portfolio. This building has a solid rental history and is fully rented at this time. If you want to live onsite there is a choice of a two bedroom unit or three units with one bedroom each. They each have their own entrance with a mix of open and enclosed porches. The yard is small and easy to maintain. All of the appliances are included in the sale and 4 deeded off street parking spaces right in the backyard. only 2 blocks to the center of town for all of the conveniences the little city has to offer.
  • List Agent: 8350
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 13
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Crawl Space, No Tenant Access, Partial, Sump Pump, Unfinished, Exterior Access, Stairs - Basement
  • Sq Ft - Apx Finished AG: 2660
  • Sq Ft - Apx Unfinished BG: 1100

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Poured Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle
  • Features Exterior: Porch - Covered, Porch - Enclosed

Garage/Parking

  • Parking: Assigned, Off Street, Parking Spaces 4, Paved

Utilities

  • Cable Company: Comcast/Xfinity
  • Electric: Circuit Breaker(s)
  • Fuel Company: CVPH
  • Sewer: Public
  • Water: Public
  • Water Heater: Owned, Tank
  • Heating Fuel: Oil
  • Heating: Hot Water, Multi Zone
  • Electric Company: GMP
  • Phone Company: Consolidated
  • Separate Utilities: Varies
  • Total Electric Meters: 4
  • Total Heat Units: 1
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 1
  • Trash: Tenant
  • Utilities: Cable - Available, Dsl - Available, Telephone At Site

Condo/Co-op/Association

  • Restrictions: Smoking - No

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Addison Northwest
  • Elementary School: Vergennes UES #44
  • Middle School: Vergennes UHSD #5
  • High School: Vergennes UHSD #5
  • Elementary School: Vergennes UES #44
  • High School: Vergennes UHSD #5

Lot Info

  • Lot Sq Ft: 4356
  • Lot Acres: 0.1
  • Lot Description: City Lot, Corner
  • Surveyed: Unknown
  • Zoning: RES1
  • Deed Book: 58
  • Deed Page: 569
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 45600
  • Total Full Baths: 1
  • Total Units: 4
  • Total1 Bedroom Units: 3
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 6195.72
  • Tax Year: 2022

MLS Schools

  • School District: Addison Northwest
  • School Middle Jr: Vergennes UHSD #5

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $340,000 -10.5% $128 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $379,900 0.0% $143 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $379,900 -- $143 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $238,500 $43,000 $195,500
2023 -- $238,500 $43,000 $195,500
2022 $6,196 $238,500 $43,000 $195,500
2021 $6,368 $238,500 $43,000 $195,500
2020 $6,253 $238,500 $43,000 $195,500
2019 $6,000 $238,500 $43,000 $195,500
2018 $5,701 $238,500 $43,000 $195,500
2016 $5,435 $238,500 $43,000 $195,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4953524

PrimeMLS

APN: 663-210-10539