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General Property Information
- Price:
- $750,000
- County:
- VT-Washington
- Acres:
- 5.86
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 7
- Agency/Brokerage:
- Michelle Hebert
William Raveis Barre
Rare opportunity to own a Montpelier commercial/multi-family property on a 5.86 acre parcel. Conveniently located at the junction of Route 2 and Route 302, which provides excellent accessibility. This property consists of three separate buildings. One building contains 6 apartments: two 2-bedroom units, three efficiency units and one 1-bedroom unit. There is also a 2-bedroom cottage. The third building is vacant and in need of rehabilitation. This building previously consisted of 8 studio apartments. With existing tenants and room for expansion, this property provides a steady income stream. The vacant building allows for customization and value enhancement. Seize this opportunity to unlock the full potential of this property. Whether you’re an investor, developer, or entrepreneur, there’s so much you can achieve here! Seller is a Licensed Vermont Real Estate Broker.
Features
- Property Type:
- Multi-Family
- # of Units:7
- Subdivision Name:
- Year Built:
- 1900
- Parking:
- Road Frontage:
- 0
- Acres:5.86
- Gross Income:
- 87,540
- Annual Expenses:
- 0
- # of Gas Meters:
- 0
- # of Electric Meters:
- 6
- Sq Ft (Above Ground):
- 3402
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 3402
- Land Description:Hilly,Level,Major Road Frontage,Sloping,Trail/Near Trail
- Elementary School:
- Union Elementary School
- Middle School:
- Main Street Middle School
- High School:
- Montpelier High School
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 1200.00
Unit 2
- #Rooms:
- 6
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- 2
- Unit Style:
- Monthly Rent:
- 1090.00
Unit 3
- #Rooms:
- 5
- #Bedrooms:
- 5
- #Baths:
- 1
- Sq. Ft.:
- 587
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 1010.00
Unit 4
- #Rooms:
- 4
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- 2
- Unit Style:
- Monthly Rent:
- 1100.00
Unit 5
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 855.00
Unit 6
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 740.00
Unit 7
- #Rooms:
- 5
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- 1
- Unit Style:
- Bungalow
- Monthly Rent:
- 1300.00
Other Information
- List Date:
- 2024-05-28
- Last Updated:
- 2024-05-28 19:46:03