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83 River Rd
Essex Junction, VT 05452
83 River Road - Crawford Brook Apartments · Multifamily Property For Sale · 8 Units

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.35 AC
Building Size 6,864 SF
No. Stories 2
Year Built 1969

ABOUT 83 RIVER RD , ESSEX JUNCTION, VT 05452

As exclusive agents, V/T Commercial has been retained to assist in the sale of this attractive investment property. Located a short distance from Five Corners, Essex Junction, and close to all area amenities, services, and retail stores, this secluded eight unit apartment building represents a stable investment in a strong multi-family residential market. Property Description: The property consists of 1.35 acres of land fully improved with eight 2-bedroom garden style apartments and totaling a report-ed 6,864 square feet of gross building area. The site features a cleared wooded setting with significant privacy and situated directly across from the Winooski River. The property is serviced by electric, natural gas, cable, and municipal water & sewer. Constructed in 1978, the building features a partial basement with coin-operated laundry, vinyl siding, double hung insulated windows with screens, and an asphalt shingle roof (7 years in age). Ample parking for 16+/- cars is provided on site. Units are heated by gas-fired Rinnai units, and kitchens are fully furnished/equipped. The neighborhood consists primarily of single and multi-family residential properties. Convenience to Essex Junction as well as the Circumferential Highway (Route 289) have made this location extremely attractive. As a result, vacancy has been kept to a minimum, and tenancy tends to be very stable and comprised of professional working adults.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
(067) 2024031-000
Land Assessment
$127,500
Improvements Assessment
$511,000
Total Assessment
$638,500
  • Listing ID: 5714032

  • Date on Market: 2/1/2017

  • Last Updated:

  • Address: 83 River Rd, Essex Junction, VT 05452

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