- $649,000
- MLS#: 5017370
- 4
- # of Units
- 2,793
- Total Sq. Feet
- 0.24
- Acres
- $10,541
- Taxes
1 of 8
General Property Information
- Price:
- $649,000
- County:
- VT-Washington
- Acres:
- 0.24
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 4
- Agency/Brokerage:
- Jeanne Felmly
Dome Real Estate Group LLC
Exceptional Investment Opportunity in the Heart of Downtown Montpelier!This four-unit multifamily property offers a rare chance to own a well-maintained income producer in Vermont’s vibrant capital city. Completely renovated in 1984—with a poured concrete foundation, new electrical, and modern plumbing—this property has been carefully maintained for over 40 years by the same owner. Three of the four spacious units feature beautiful hardwood flooring and each has its own designated off-street parking space. Tenants enjoy unbeatable convenience with public transportation, shopping, dining, bars, the hospital, and the I-89 corridor all just minutes away.Whether you’re seeking a solid addition to your portfolio or a seamless 1031 exchange opportunity, this property is a standout. Thoughtfully cared for and ideally located, it’s a perfect fit for the discerning investor.
Features
- Property Type:
- Multi-Family
- # of Units:4
- Subdivision Name:
- Year Built:
- 1877
- Parking:
- Road Frontage:
- 85
- Acres:0.24
- Gross Income:
- 57,000
- Annual Expenses:
- 0
- # of Gas Meters:
- 4
- # of Electric Meters:
- 4
- Sq Ft (Above Ground):
- 2793
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 2793
- Land Description:City Lot,Sidewalks,In Town,Near Shopping,Neighborhood,Near Public Transportatn,Near Hospital
- Elementary School:
- Union Elementary School
- Middle School:
- Main Street Middle School
- High School:
- Montpelier High School
- Financing Details:
- Documents Available:
- Aerials,Deed,Lease Agreements,Property Disclosure,Tax Map
Unit Information
Unit 1
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 1250.00
Unit 2
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- 2
- Unit Style:
- Monthly Rent:
- 1750.00
Unit 3
- #Rooms:
- 3
- #Bedrooms:
- 3
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 850.00
Unit 4
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- 2
- Unit Style:
- Monthly Rent:
- 900.00
Other Information
- List Date:
- 2024-10-04
- Last Updated:
- 2025-10-17 16:03:07
