$459,000
$26K PRICE DROP

Estimated payment $3,126/month

Total Views 12,086
4 Beds
3 Baths
2,130 Sq Ft
$215 Price per Sq Ft

Highlights

  • 0.65 Acre Lot
  • Wood Flooring
  • Baseboard Heating
  • Main Street School Rated A-
  • Corner Lot
  • Wood Siding

About This Home

This conveniently located 3-unit multi-family home sits on a spacious terraced lot with ample green space and plenty of parking. Each unit offers comfortable living with a solid rental history, including rentals to traveling professionals. Recent upgrades include a newer LP boiler, updated wiring, and numerous plumbing improvements, offering peace of mind for future owners. Units 1 and 3 include a washer and dryer, while Unit 2 is equipped with hookups for a stackable laundry unit. Some furnishings in Apartment 1, as well as select pieces in the den of Apartment 3, are owned by the sellers and may be negotiated as part of the sale. Whether you're looking to live in one unit and rent the others or seeking a strong addition to your investment portfolio, this property offers flexibility, income potential, and a comfortable setting with room to grow.

Listing Agent

Tim Heney

Heney Realtors - Element Real Estate (Montpelier) Brokerage Phone: 802-522-5260 License #081.0000388 Listed on: 04/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,163

Year Built

  • Built in 1951

Lot Details

  • 0.65 Acre Lot
  • Corner Lot

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Stone Driveway
  • Off-Street Parking
  • 6 to 12 Parking Spaces

Schools

  • Union Elementary School
  • Main Street Middle School
  • Montpelier High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • 3 Units
  • 3 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,163

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Directions: At the corner of Moonlight Terrace and US Route 302 aka Barre Montpelier Road across from Cody Chevrolet.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1951
  • Display On Internet: High Speed Intrnt Avail
  • Architectural Style: Multi-Family
  • ResoLotFeatures: Corner Lot, Landscaped
  • Road Frontage Type: Paved, Public Maintained Road
  • Attribution Contact: Cell: 802-522-5260
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 2130.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: Unknown
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Walkout
  • Separate_Utilities: Varies
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater, Rented Water Heater, Tank Water Heater
  • Total Bedrooms: 4
  • Flooring: Carpet, Hardwood, Laminate, Vinyl
  • Basement: Crawl Space, Full, Unfinished, Walkout
  • Basement YN: Yes

Exterior Features

  • Driveway: Crushed Stone
  • Exterior Features: Double Pane Window(s)
  • Roof: Metal
  • Construction Type: Wood Frame, Vinyl Exterior, Wood Exterior
  • Foundation Details: Poured Concrete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Parking Spaces 5 - 10

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Propane, Baseboard, Hot Water
  • Cooling: None
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Union Elementary School
  • High School: Montpelier High School
  • Middle Or Junior School: Main Street Middle School

Lot Info

  • Surveyed: Unknown
  • Zoning: Eastern Gateway
  • Lot Size Acres: 0.65
  • Lot Size Sq Ft: 28314.0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8162.64

Multi Family

  • Number Of Units Total: 3
  • Number Of Units Leased: 3
  • Number Of Separate Electric Meters: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,529 $339,800 $67,100 $272,700
2023 $4,156 $339,800 $67,100 $272,700
2022 $8,302 $270,000 $59,200 $210,800
2021 $8,342 $270,000 $59,200 $210,800
2020 $8,241 $270,000 $59,200 $210,800
2019 $7,848 $270,000 $59,200 $210,800
2018 $6,555 $234,400 $59,200 $175,200
2016 $6,193 $234,400 $59,200 $175,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Price Changed $459,000 -5.4% $215 / Sq Ft
04/18/2025 04/18/25 For Sale $485,000 +115.6% $228 / Sq Ft
10/02/2018 10/02/18 Sold $225,000 -8.2% $106 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
08/23/2018 08/23/18 Price Changed $245,000 -7.5% $115 / Sq Ft
05/21/2018 05/21/18 For Sale $265,000 -- $124 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Deed $225,000 --
Deed $225,000 --
Source: Public Records

Source: PrimeMLS

MLS Number: 5036946

PrimeMLS

APN: 405-126-11655