Listing provided by Julie Danaher, Ridgeline Real Estate

Price $395,000
Status Active
Beds 4
Baths 3 Baths
Home size 2,611 sqft
Lot Size 13,068 sqft
Days on Market 16
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.
Property Type(s): Multi Family
Last Updated 6/25/2026 Year Built 1900
County Addison

SCHOOLS

School District Addison Northwest
Elementary School Vergennes UES #44
Jr. High School Vergennes UHSD #5
High School Vergennes UHSD #5

Additional Details

BASEMENT Finished, Unfinished, Yes
CONSTRUCTION Brick
HEAT Forced Air, Propane
LOT 0.3 acre(s)
LOT DESCRIPTION Sloped
PARKING Paved
SEWER Public Sewer
STORIES 2
STYLE Multi-Family
TAXES 6237.12
UTILITIES Cable Available, Phone Available
VIEW Yes
VIEW DESCRIPTION Water
WATER Public
WATER ACCESS Otter Creek
WATERFRONT DESCRIPTION Creek
ZONING Res/other

Location

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Data last updated 7/11/26 1:54 AM PDT


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