Turnkey 8 Unit Planned Unit Development in a prime Essex Junction location. 18 bedrooms across 8 units provides excellent income opportunity. These units are separately deeded and can be sold off individually. All units are equipped with recently installed, high-efficiency direct vent natural gas heating and hot water systems, in unit washer and dryer, and private patio. Located just steps from local shops, dining, public transportation, and everything Essex Junction has to offer. Excellent opportunity to expand your portfolio or enter the rental market with this strong income-producing asset. Owner Financing option available. Showings start 5/1. Owner is a licensed VT Real Estate Broker.
Closed
Listed by: Cannizzaro Real Estate • Paul Cannizzaro
Bought with: A Non PrimeMLS Office
$2,050,000
3 River Street, Essex Junction, VT 05452
18beds
8,050sqft
Multi Family
Built in 1981
-- sqft lot
$-- Zestimate®
$255/sqft
$1,817 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,817/mo
Zestimate® history
Owner options
List your home for rent
$1,817/mo
Rent Zestimate®
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$1,817/mo
Rent Zestimate®
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$11,024/mo
Est. payment
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$11,024/mo
Est. payment
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List your homeWhat's special
Prime essex junction locationPrivate patio
Zillow last checked:
Listing updated:
Listed by:
Paul Cannizzaro,
Cannizzaro Real Estate 802-862-9700
Bought with:
A non PrimeMLS customer
A Non PrimeMLS Office
Source: PrimeMLS,MLS#: 5037769
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Natural Gas, Direct Vent
Cooling
- None
Appliances
- Included: Instant Hot Water
Features
- Flooring: Carpet, Vinyl
- Has basement: No
Interior area
- Total structure area: 8,050
- Total interior livable area: 8,050 sqft
- Finished area above ground: 8,050
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, Auto Open, Off Street, On Site, Parking Spaces 1 - 10
Features
- Levels: Two
- Patio & porch: Patio
- Exterior features: Garden, Shed, Storage
- Fencing: Partial
- Frontage length: Road frontage: 167
Lot
- Size: 0.95 Acres
- Features: Condo Development, Level, PRD/PUD, In Town, Near Shopping, Near School(s)
Details
- Parcel number: (066)1021072105
- Zoning description: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame
- Foundation: Concrete Slab
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Community
- Subdivision: River View Townhomes
HOA
- Amenities included: Master Insurance, Snow Removal, Common Acreage, Trash Removal
Location
- Region: Essex Junction
Financial & listing details
- Price per square foot: $255/sqft
- Tax assessed value: $149,500
- Annual tax amount: $30,112
- Date on market: 4/24/2025
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2025 | Sold | $2,050,000-4.6%$255/sqft |
Source:  PrimeMLS #5037769 Report a problem | ||
| 5/12/2025 | Contingent | $2,149,000$267/sqft |
Source: PrimeMLS #5037769 Report a problem | ||
| 4/24/2025 | Listed for sale | $2,149,000$267/sqft |
Source: PrimeMLS #5037769 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2017 | $3,564 | $149,500 |
| 2016 | -- | $149,500 +9900% |
| 2015 | -- | $1,495 |
| 2014 | -- | $1,495 |
| 2013 | -- | $1,495 |
| 2012 | -- | $1,495 |
| 2011 | -- | $1,495 |
| 2010 | -- | $1,495 |
Find assessor info on the county website
Neighborhood: 05452
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Nearby schools
GreatSchools rating
- 7/10Summit Street SchoolGrades: PK-3Distance: 0.6 mi
- 8/10Albert D. Lawton SchoolGrades: 6-8Distance: 0.8 mi
- 10/10Essex High SchoolGrades: 9-12Distance: 0.9 mi
- Vermont
- Chittenden County
- Essex
- 05452
- 3 River Street
Nearby cities
Nearby zip codes
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