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Courtesy of Jeanne Felmly of Dome Real Estate Group LLC: .

43 E State Street

Montpelier, VT 05602
  • $649,000
  • STATUS: Active
  • ON SITE: 63 Days
  • MLS #: 5017370
UPDATED: 63 min ago
$649,000
  • 5
    BEDS
  • 0.24
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,793
    SQFT
  • $232
    $/SQFT
Type:
Multi-Family
Built:
1877
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Exceptional opportunity to purchase a four unit multi family in the heart of downtown Montpelier! Completely renovated in 1984, including a poured concrete foundation and new electric and plumbing, this income producing property is ready for new ownership after over 40 years. Three of the four units have beautiful hardwood flooring throughout as well as assigned off street parking. Convenient to all amenities: public transportation, shopping, dining/bars, hospital and the I89 corridor. A perfect candidate for a 1031 exchange. This offering has been thoughtfully cared for over the decades and will be the perfect fit for the discerning investor.

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© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-12-07T14:06:56.2.
www.livingvermont.com/homes/156336471
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43 E State Street Montpelier, VT 05602

  • Price: $649,000
  • Status: Active
  • On Site: 63 Days
  • Updated: 63 min ago
  • MLS #: 5017370
5
Beds
4
Baths
0
½ Baths
0.24
Acres
2,793
SQFT
$232
$/SQFT
1877
Built
County:
Washington
Area:
Montpelier
Elementary School:
Union Elementary School
Middle School:
Main Street Middle School
High School:
Montpelier High School
School District:
Montpelier School District
Property Description
Exceptional opportunity to purchase a four unit multi family in the heart of downtown Montpelier! Completely renovated in 1984, including a poured concrete foundation and new electric and plumbing, this income producing property is ready for new ownership after over 40 years. Three of the four units have beautiful hardwood flooring throughout as well as assigned off street parking. Convenient to all amenities: public transportation, shopping, dining/bars, hospital and the I89 corridor. A perfect candidate for a 1031 exchange. This offering has been thoughtfully cared for over the decades and will be the perfect fit for the discerning investor.
Exterior Features

Architectural Style Apartment Building Color Grey Construction Materials Clapboard Exterior Driveway Paved Exterior Features Porch - Covered Has Garage Yes Lot Features City LotSidewalksIn TownNear ShoppingNeighborhoodNear Public TransportatnNear Hospital Parking AssignedOff Street Road Frontage Yes Road Frontage Length 85 Roof Membrane

Interior Features

Basement Access Type Interior Basement Description Stairs - InteriorUnfinishedInterior Access Cooling None Flooring CarpetCeramic TileHardwoodVinyl Foundation Concrete Has Basement Yes Heating PropaneGas Heater Total Heated Units 5 Total Ranges 4 Total Refrigerators 4 Total Water Heaters 4 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1

Property Features

Assessment Year 2023 Construction Status Existing Easements Yes Electric 100 Amp Electric Company Green Mountain Power Flood Zone No Foreclosed / Bank Owned / REO No Fuel Company Gillespie Gross Income 57000 Pre Construction No Seasonal No Separate Utilities Yes Sewer Public Tax Gross Amount 10608.84 Tax Year 2024 Taxes Tbd No Total Electric Meters 4 Total Gas Meters 4 Total Leases 4 Total1 Bed Units 3 Total2 Bed Units 1 Total3 Plus Bed Units 0 Unit1 Info Appliances IncludedCO DetectorHeat IncludedRange - ElectricRefrigeratorSmoke Detector Unit1 Rental Amount 1250 Unit1 Tenant Pays Electric Unit2 Info Appliances IncludedDishwasherDryerHeat IncludedPorchRange - ElectricRefrigeratorWasher Unit2 Rental Amount 1750 Unit2 Tenant Pays Electric Unit3 Info Appliances IncludedCO DetectorRange - ElectricRefrigeratorSmoke Detector Unit3 Rental Amount 850 Unit3 Tenant Pays ElectricHeat Unit4 Info Appliances IncludedCO DetectorRange - ElectricRefrigeratorSmoke Detector Unit4 Rental Amount 900 Unit4 Tenant Pays ElectricHeat Utilities Gas - LP/Bottle Water Source Public Zoning RESD 1

Courtesy of Jeanne Felmly of Dome Real Estate Group LLC: .


© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-12-07T14:06:56.2.
 
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