NOT LISTED FOR SALE
9 Beds
5 Baths
4,215 Sq Ft
10,019 Sq Ft Lot

Last Sold December 30, 2022

Last sale price $690,000 $164 Per Sq Ft

5 Days on Market

Highlights

  • Softwood Flooring
  • Covered Patio or Porch
  • High Speed Internet
  • Main Street School Rated A-
  • Baseboard Heating
  • Level Lot

About This Home

As of December 2022

Just down the street from the College Green, this Montpelier multi family has five well maintained residential apartments. The classic building contains four two bedroom apartments, and a single one bedroom apartment, all with great layouts and unique character. Many original features retained, including lots of beautiful hardwood floors. Unit #5 has a brand new kitchen and bath remodel. Each unit has separate metered electric. New boiler in 2020. Coin operated laundry along with storage areas for all units located in basement. Five off street parking spaces. With covered porches and a small backyard, there are wonderful spaces to relax and and enjoy the outdoors. Walking distance to downtown shopping, schools, the library and your favorite restaurants. A fantastic opportunity for an owner occupied home or a solid investment property to add to your portfolio. Don't miss out on this one!

Last Agent to Sell the Property

Janel Johnson

Coldwell Banker Hickok & Boardman / E. Montpelier License #082.0008306 Listed on: 12/14/2022

Coldwell Banker Hickok & Boardman / E. Montpelier

Last Buyer's Agent

Tim Heney

Heney Realtors - Element Real Estate (Montpelier) License #081.0000388

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,036

Year Built

  • Built in 1870

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,215 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Flooring

  • Softwood
  • Carpet
  • Laminate

Parking

  • 5 Car Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Propane
  • High Speed Internet
  • Cable TV Available

Community Details

  • 5 Units
  • Net Operating Income $47,856

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,036

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: From Main Street, head up East State Street, property on right before West Street and the College Green. See sign.
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 163.7
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5899
  • Sq Ft - Apx Total Finished: 4215
  • Year Built: 1870
  • Remarks Public: Just down the street from the College Green, this Montpelier multi family has five well maintained residential apartments. The classic building contains four two bedroom apartments, and a single one bedroom apartment, all with great layouts and unique character. Many original features retained, including lots of beautiful hardwood floors. Unit #5 has a brand new kitchen and bath remodel. Each unit has separate metered electric. New boiler in 2020. Coin operated laundry along with storage areas for all units located in basement. Five off street parking spaces. With covered porches and a small backyard, there are wonderful spaces to relax and and enjoy the outdoors. Walking distance to downtown shopping, schools, the library and your favorite restaurants. A fantastic opportunity for an owner occupied home or a solid investment property to add to your portfolio. Don't miss out on this one!
  • List Agent: 21316
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Softwood
  • Total Rooms Above Ground: 21
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 4215
  • Sq Ft - Apx Unfinished BG: 1684

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Aluminum
  • Foundation: Concrete, Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch - Covered

Garage/Parking

  • Parking: Driveway, Parking Spaces 5

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard, Hot Water
  • Electric Company: GMP
  • Separate Utilities: Varies
  • Total Electric Meters: 5
  • Total Heat Units: 1
  • Total Ranges: 5
  • Total Refrigerators: 5
  • Utilities: Cable - Available, Gas - Lp/Bottle, High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Schools

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

Lot Info

  • Lot Sq Ft: 10019
  • Lot Acres: 0.23
  • Lot Description: Level
  • Zoning: Mixed Use Res
  • Deed Book: 698
  • Deed Page: 74-75
  • Deed Recorded Type: Warranty

Multi Family

  • Net Income: 47856
  • Total Units: 5
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 4

Tax Info

  • Tax Gross Amount: 9035.76
  • Tax Year: 2022

MLS Schools

  • School District: Montpelier School District
  • School Middle Jr: Main Street Middle School

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $690,000 +3.8% $164 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
12/14/2022 12/14/22 For Sale $665,000 -- $158 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4939057

PrimeMLS