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Listed by Kevin S Casey • Coldwell Banker Hickok & Boardman / E. Montpelier • Cell: 802-272-3266
$395,000
Est. payment /mo
3 Beds
3 Baths
15,116 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 15,116 sqft
Price per Sqft $26
MLS Listing ID 5094269
Bedrooms 3
Full Baths 3
Construction Status Existing
Year Built 1910
Annual Tax Amount $7,663
Tax Year 2025
Lot Size 7,840 Sqft
Acres 0.18
Property Description
A rare offering: a well-maintained 3-unit apartment building situated close to downtown Montpelier, the middle school, the library, and all the amenities the capital city has to offer. This property is not located in a flood plain. A versatile property that suits a wide range of buyers. Investors will appreciate the strong income potential of three established units. Option to occupy one unit while rental income from the others offsets the mortgage. The layout also lends itself beautifully to multi-generational living, allowing independent living spaces under one roof. One unit is currently vacant, offering immediate flexibility for an owner-occupant or a new tenant at market rent. The building has been carefully maintained throughout. A beautiful front porch graces the home, and Unit 1 enjoys its own private covered porch. Ample storage adds practicality and convenience for owners and tenants alike. Located in a fantastic neighborhood with convenient access to shops, restaurants, schools, and downtown, this property combines solid condition, an exceptional location, and built-in flexibility - a combination that rarely comes to market.
Location
State VT
County Vt-washington
Area Vt-Washington
Zoning RES 1500
Rooms
Basement Entrance Walkout
Basement Unfinished
Interior
Cooling None
Exterior
Utilities Available Cable Available, Propane, Telephone Available
Roof Type Metal
Building
Story 2
Sewer Public
Architectural Style Historic Vintage
Construction Status Existing
Schools
Elementary Schools Union Elementary School
Middle Schools Main Street Middle School
High Schools Montpelier High School
School District Montpelier School District
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