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Courtesy of Katie Peterson of Green Light Real Estate - Barre.

65 River Street

Montpelier, VT 05602
  • $1,750,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 4929333
UPDATED: 31 min ago
$1,750,000
  • 0
    BEDS
  • 0.76
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,750
    SQFT
  • $226
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1990
County:
Area:

School Ratings & Info

Description

Investors, take note! A property such as the River View Apartments does not hit the market often! This top-notch, 10-unit apartment complex is a rare opportunity in the heart of sought-after Montpelier, VT. Each two-bedroom unit has been meticulously maintained since the current owners constructed the building in 1990. All ten apartments boast excellent rental history and will continue to cash flow for years to come! Just some of the exceptional benefits of this complex include: a HEATED driveway for easy cold-weather maintenance, a new roof, new windows, a new boiler, new siding, on-site laundry, and ample locked and sprinklered storage for each tenant. The location could not be more convenient for renters as its close to the bus line and right outside of town. Are you ready to walk into an immediate return on your investment? This is your opportunity to own an exemplary piece of property that would cost a fortune to reproduce. Available now! Please see MLS # 4929331 for interior apartment photos.

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© Copyright 2022 New England Real Estate Network, Inc. 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 NEREN. 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 2022-10-05T10:07:01.87.
www.livingvermont.com/homes/133022501
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65 River Street Montpelier, VT 05602

  • Price: $1,750,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 31 min ago
  • MLS #: 4929333
0
Beds
0
Baths
0
½ Baths
0.76
Acres
7,750
SQFT
$226
$/SQFT
1990
Built
Neighborhood:
Montpelier
County:
Washington
Area:
Montpelier
Property Description
Investors, take note! A property such as the River View Apartments does not hit the market often! This top-notch, 10-unit apartment complex is a rare opportunity in the heart of sought-after Montpelier, VT. Each two-bedroom unit has been meticulously maintained since the current owners constructed the building in 1990. All ten apartments boast excellent rental history and will continue to cash flow for years to come! Just some of the exceptional benefits of this complex include: a HEATED driveway for easy cold-weather maintenance, a new roof, new windows, a new boiler, new siding, on-site laundry, and ample locked and sprinklered storage for each tenant. The location could not be more convenient for renters as its close to the bus line and right outside of town. Are you ready to walk into an immediate return on your investment? This is your opportunity to own an exemplary piece of property that would cost a fortune to reproduce. Available now! Please see MLS # 4929331 for interior apartment photos.
Exterior Features

Construction Wood Frame Exterior Vinyl Siding Lot Description HillyRental ComplexRiverSlopingWater View Parking DrivewayOff StreetOn-SiteParking Spaces 11 - 20Paved Road Frontage Yes Road Frontage Length 150 Roof Shingle - Asphalt Water Body Access YN No Water Body Type River Water View YN Yes Waterfront Property No

Interior Features

Basement No Cooling None Foundation Slab - Concrete Heating Baseboard Sq Ft Total Building 9291 Sq Ft Total Source Public Records

Property Features

Accessibility Features Access Laundry No StepsAccess ParkingPaved Parking Auction No Cable Company Comcast Commercial Features Public RestroomsSmoke/Heat DetectorsIn-Unit Bathroom Electric Circuit Breaker(S) Electric Company Gmp Flood Zone No Foreclosed / Bank Owned / REO No Fuel Company Conti Oil Gross Income 142380 Heat Fuel Oil Net Income 94208 Phone Company Comcast Pre Construction No Sale Includes Land/Building Seasonal No Sewer Public Span Number 405-126-11361 Sub Property Type InvestmentMulti-Family Surveyed Yes Tax Gross Amount 17255.04 Tax Year 2022 Tax Year Notes 22-23 Taxes Tbd No Utilities Cable Vacant Land No Water Public Zoning Mixed Use

Courtesy of Katie Peterson of Green Light Real Estate - Barre: [IDXCONTACTINFORMATION].


© Copyright 2022 New England Real Estate Network, Inc. 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 NEREN. 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 2022-10-05T10:07:01.87.
 
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