BEDS4
BATHS3 full
SQUARE FEET2,611
MLS#5096730
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SCHOOLAddison Northwest
Listing Courtesy of:
Ridgeline Real Estate
Agency Phone: 802-540-1366
Associate Name: Julie Danaher
Property 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Individual
Heating: Propane, Hot Air, Monitor Type
Home Style: Multi-Family
Lot Size: 0.30 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $6,237
Year Built: 1900
Units
Unit 1:
Bathroom(s): 1
Bedrooms: 1
Rent: $1425.00
Unit 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $1150.00
Unit 3:
Bathroom(s): 1
Bedrooms: 2
Rent: $1005.00
Amenities
Deck
Garden Space
Natural Shade
Feature Descriptions
Color: Brick
Construction: Brick Exterior, Combination Exterior
Construction Status: Existing
Days on Site: 26
Driveway: Paved
Driveway: Paved
Electric: Fuses
Exterior: Brick Exterior, Combination Exterior
Flood Zone: No
Flooring: Carpet, Vinyl, Wood
Foundation: Stone
Foundation: Stone
Lot: City Lot, Major Road Frontage, Sloping, Water View, In Town
Nearby Bodies of Water: Otter Creek
Roads: Paved, Public
Sewer: Public
Sq. Ft. Total Finished: 2611
Total Stories: 2
Units: 3
Water: Public
Water Body Type: Creek
Water View: Yes
Zoning: Res/other
Local Schools
High School: Vergennes UHSD #5
Middle School: Vergennes UHSD #5
Elementary School: Vergennes UES #44
School District: Addison Northwest
Listed By / Shown By
Listed By
Agency Name: Ridgeline Real Estate
Agent Name: Julie Danaher
Agency Phone: 802-540-1366
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 1,514.06 per month $879.10 Principal & Interest $519.75 Property Tax $115.21 Homeowner's Insurance
Listing data compilation and photo(s) copyright © 2026 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 2026-07-20 23:33:29 
297 Main Street | MLS# 5096730
This multi-family property located at 297 Main Street, Vergennes, VT 05491 is currently listed for sale with an asking price of $395,000. Main Street is located within the Addison Northwest school district. Search Vergennes real estate on www.masiellogrouprealestate.com today.