Vergennes, VT, 05491
Income-Producing Investment Opportunity! Mixed-use commercial/residential property located in the Northern Gateway area. The street-level commercial unit is currently leased to a hair salon, providing immediate cash flow. The four-bedroom residential apartment is vacant and ready for a complete remodel, offering an opportunity to significantly increase rental income upon completion. Property may support the addition of further units, subject to zoning and municipal approvals. Ideal for investors seeking a renovation property, improved rents, and long-term appreciation. Also listed as Commercial MLS# 5073389
Generate income from multiple rental units, providing diversified revenue and reduced vacancy risk.
Multi-family properties offer excellent potential for scaling your real estate investment portfolio.
Perfect for investors looking to build a managed real estate portfolio with professional oversight.
$1,592 - $2,388
Estimated based on 0.8% - 1.2% of property value
8% - 12%
Based on typical multi-family returns