- $749,000
- MLS#: 5048205
- 7
- # of Units
- 4,700
- Total Sq. Feet
- 0.25
- Acres
- $14,835
- Taxes
1 of 47
General Property Information
- Price:
- $749,000
- County:
- VT-Washington
- Acres:
- 0.25
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 7
- Agency/Brokerage:
- JC Earle
EXP Realty
Pride in Ownership. For offer a well maintained 7 Unit building in sought after "Meadows" neighborhood between downtown and Hubbard park. 10% cap rate with long term tenants makes this an attractive investment. Tenants pay heat and electricity. Entirely updated electrical and recent updates make this a low maintenance solid investment. Super easy to rent these great units with quick walk to downtown and Hubbard park, yet tucked away on a quiet street. Owner went through and updated each apartment in the building as they became available over the past 14 years. Every piece of electrical replaced in that period and most of the plumbing. Extra time and care was given to updates with an eye towards quality, low maintenance and longevity. Enormous parking area gives the tenants much sought after off street parking. More than 1 unblocked parking spot per bedroom with a back yard and front yard. Final upper roof being replaced July 14th. So all roofs will have been replaced in last 15 years. Insulation and weatherization have been improved throughout. Seller is a licensed real estate agent in the state of Vermont. Limited assisted showings during business hours only. Delayed showings starting July 9th. Property is smoke free, and mostly pet free. No cats or dogs. Super low maintenance yet attractive siding.
Features
- Property Type:
- Multi-Family
- # of Units:7
- Subdivision Name:
- Year Built:
- 1878
- Parking:
- Road Frontage:
- 50
- Acres:0.25
- Gross Income:
- 98,940
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 0
- Sq Ft (Above Ground):
- 4700
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 4700
- Land Description:City Lot,Level,Rental Complex,Sidewalks,In Town,Near Paths,Neighborhood,Near School(s)
- Elementary School:
- Union Elementary School
- Middle School:
- Main Street Middle School
- High School:
- Montpelier High School
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 970.00
Unit 2
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- 1&2
- Unit Style:
- Monthly Rent:
- 1130.00
Unit 3
- #Rooms:
- 4
- #Bedrooms:
- 4
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 1225.00
Unit 4
- #Rooms:
- 5
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 1075.00
Unit 5
- #Rooms:
- 4
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- 2
- Unit Style:
- Monthly Rent:
- 975.00
Unit 6
- #Rooms:
- 5
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- 2
- Unit Style:
- Monthly Rent:
- 990.00
Unit 7
- #Rooms:
- 6
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- 3
- Unit Style:
- Monthly Rent:
- 1385.00
Other Information
- List Date:
- 2025-06-24
- Last Updated:
