List Price: $629,900 | $205 per sq.ft. Multi Family A 2 Unit Multi Family Home
With 0 One Bedroom Units , 1 - Two Bedroom Units ,1 - Three Bedroom Units on
Date Listed Wednesday Jul 29, 2026 | MLS# 5102481



Address: 339 Monkton Ridge Monkton VT
Listed by Paul Cannizzaro Cannizzaro Real Estate
Description:
Discover the perfect blend of country living and investment potential with this duplex situated on 1.2 acres. Whether you're looking for an owner occupied property with rental income or a solid addition to your investment portfolio, this versatile property delivers. The larger unit features four spacious bedrooms and two full bathrooms, combining classic Vermont charm with thoughtful updates. Inside, you'll find a updated kitchen, a mix of hardwood, softwood flooring, built-in cabinetry, storage nooks, first-floor laundry, and a practical mudroom entry. Relax on the front porch with a view of Cedar Lake, or enjoy the privacy of the rear porch. An additional storage area provides even more functionality. The second unit is currently occupied and offers two bedrooms, a full bathroom with the potential to add a half bath, first-floor laundry, inviting front and rear porches, and charming wide-board flooring that complements the home's character. Located just minutes from Hinesburg Village, this property offers the tranquility of a country setting while remaining close to local amenities, schools, restaurants, and recreation. For builders and developers, this property is part of a four-lot subdivision that also includes two separately available, fully approved building lots. Each lot is approved for a two-unit dwelling with up to six bedrooms per lot. See MLS #5102482 and #5102483 for additional information. (Building lots are offered separately.)The seller will also consider some owner financing.
Annual Expenses

Taxes: $8,385
Income
Gross Income | $60,000
NetIncome | $47,700

UNIT 1 INFORMATION

Beds: 4
Baths: 2
Rooms: 9
Info : Appliances Included,Kitchen Island,Laundry Hookup,Mudroom,Porch,Gas Range,Refrigerator,Storage
Tenant Pays : Electric,Ground Maintenance,Heat,Hot Water,Snow Removal,Trash
Signed Lease : No

UNIT 2 INFORMATION

Beds: 2
Baths: 1
Rooms: 5
Info : Laundry Hookup,Porch,Gas Range,Refrigerator
Tenant Pays : Electric,Ground Maintenance,Heat,Hot Water,Snow Removal,Trash
Rent : 950.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes

Construction: Wood Frame
Year Built: 1840
Style: Apartment Building
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3952
Above Grade Sq.Ft.: 3068
Basement: Interior Stairs | Unfinished | Walkout
Roof: Metal
Seasonal: No
Heating: Propane | Hot Air | Hot Water | Wall Units
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Propane
Electric Meters: 2
Gas_Meters: 2
Water: Drilled Well
Sewer: On-Site Septic Exists
Land Information
Country Setting | Field/Pasture | Subdivision
Lot size: 1.2 acres
Zoned: res)
Surveyed: Yes
Flood Zone: No
Road Frontage: 130
Driveway: Gravel
Additional Information
Taxes $8,385
Assesed Value Not Reported
Schools

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