This exceptional three-unit building, located in the historic district of Montpelier, offers the perfect blend of classic charm and modern comfort. The exterior maintains its historic beauty, while the interiors have been thoughtfully updated to meet today’s standards. Each apartment features modern kitchens and bathrooms along with well-maintained finishes throughout, creating attractive and comfortable living spaces for tenants or owners alike. Residents enjoy convenient access to back porches and stairs leading to ample parking behind the building. The location is truly outstanding; not in the flood zone, just minutes from downtown Montpelier, a short walk to Hunger Mountain Co-op, and close to the newly completed bike path. Whether you're looking for a smart investment opportunity or hoping to live in one unit while generating income from the other two, this property offers flexibility and long-term potential. Lovingly owned by the same owner for many years, it is now ready for its next chapter. Ideal for both first-time investors and seasoned buyers expanding their portfolio. Schedule your showing today and explore all the possibilities this special property has to offer.
This house was built on a strong foundation, and with it, you can set roots and build your financial future. Well-maintained and thoughtfully cared for, this two-unit property offers both stability and flexibility in an ideal location just moments from the College Green, Hunger Mountain Food Co-op, and the Bike Path. Enjoy the ease of a convenient and connected neighborhood while staying close to the growing energy and activity of downtown. Live comfortably in one unit while generating income from the other, or create a welcoming multi-generational living arrangement that balances privacy with togetherness. The layout naturally supports a variety of living styles, making it as practical as it is inviting. Daily life here is defined by convenience and community - morning visits to the Co-op, bike rides along scenic paths, and evenings spent exploring local shops, dining, and events. A great neighborhood and vibrant yet relaxed setting make this more than just a place to live. With its solid construction, careful maintenance, and enduring appeal, this property is ready to serve its next owner well for years to come - offering not just a home, but a smart investment in lifestyle and long-term value.
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.
Great opportunity to own a home close to downtown Montpelier! Walk or bike to everything. Two 2- bdrm/1-bath units – you could rent them both out, or live in one while the rent from the other pays your mortgage! Each unit is approximately 1,000 SF with both front and back entrances, living and dining rooms, porches, and a charming, private backyard on a 0.41 acre lot. Nice built-ins and hardwood floors. Separate oil furnaces, oil tanks, and hot water heaters are all new within the last five years. Partial roof replacement in 2025. Shared basement is dry and insulated, with coin-op washer/dryers. Off street parking. Current leases for both units end August 31, 2026. $350,000.
Amazing investment opportunity. This 3 unit multifamily property has had all the major upgrades: all new windows, new heating system, updated electrical, new plumbing and a new septic system. Invest with confidence knowing the property has been improved and well cared for by its current owners. A large barn is a great opportunity for storage, whether for your own use or to supplement the income from your apartment rentals. There are 2 dedicated office spaces within the barn- each with it's own separate heat pump. Unit 1 is a large two-bedroom, one-bath unit featuring a private porch, separate living and dining rooms and a spacious kitchen. Upstairs in Unit 2 (not pictured) is another 2 bedroom/1 bathroom unit with a long term tenant in place. A 1 bedroom/1 bathroom unit was recently added and includes a large back deck overlooking the 1+ acre yard. This unit offers 2 heat pumps as well as forced hot water heat. A large driveway provides ample parking, and the location couldn't be more convenient. Don't let this amazing investment opportunity pass you by! Set up your showing today!
Flexible, inviting, and full of potential, this two-unit property offers a rare opportunity for multi-generational living, owner-occupancy with rental income, or conversion back to a spacious single-family home. Inside, warm hardwood floors and comfortable living spaces create a welcoming feel, with room to update and make it your own over time. Mini-split systems provide efficient heating and cooling, helping keep utility costs manageable year-round. The backyard is a true oasis, offering space to relax, garden, gather, or simply enjoy a little privacy close to town. A barn provides excellent storage and workspace for projects, hobbies, tools, or outdoor gear. Conveniently located with income-generating potential, this property offers flexibility, character, and room to grow.
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