Montpelier, VT | 53 North Street

$395,000
MLS#: 5094269
3
# of Units
15,116
Total Sq. Feet
0.18
Acres
$7,663
Taxes
1 of 38

General Property Information

Price:
$395,000
County:
VT-Washington
Acres:
0.18
Property Type:
Multi-Family
Property Status:
Active
# of Units:
3
Agency/Brokerage:
Kevin Casey
Coldwell Banker Hickok and Boardman

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.

Features

Property Type:
Multi-Family
# of Units:3
Subdivision Name:
Year Built:
1910
Parking:
Road Frontage:
73
Acres:0.18
Gross Income:
41,674
Annual Expenses:
0
# of Gas Meters:
3
# of Electric Meters:
4
Sq Ft (Above Ground):
15116
Sq Ft (Below Ground):
0
Total Sq Ft:
15116
Land Description:City Lot
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:
5
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
0
Floor:
1
Unit Style:
Monthly Rent:
0.00

Unit 2

#Rooms:
3
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
0
Floor:
2
Unit Style:
Monthly Rent:
850.00

Unit 3

#Rooms:
1
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
0
Floor:
2
Unit Style:
studio
Monthly Rent:
737.50

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2026-06-11
Last Updated:

Stowe Office

Joni Gaines

(P) 802.253.9771
(F) 802.253.9993
email

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