Montpelier Vermont Real Estate

Great opportunity to own and live in a spacious two-unit building in downtown Montpelier and have tenants help pay your mortgage and expenses. OR, this two unit could easily be converted back to a SINGLE FAMILY HOMES by just unlocking two doors! Live upstairs in the vacant unit, park your car in one of the two garage spaces and walk everywhere or rent out the second floor unit for double the income. Located on a low maintenance tenth of an acre lot. Besides the garages, there is plenty of off street parking. First floor one bedroom unit is rented for $1,520/month and the second floor two bedroom unit is currently vacant. Heat (oil steam radiators), gas for ranges, water and sewer are included in rent. Tenants pay their own electric, hot water, trash, internet and cable. Each unit has a garage. There is a large storage space on the back of the building on each floor with stairs to the garage. The large fully equipped kitchens have gas ranges and full size refrigerators. Each unit has a covered porch at its private entry where a table and chairs could be set up to enjoy the lovely weather. Water came up through the basement drain in the July 2023 flood. Flood waters did not come up to the house. Owner's current commercial mortgage does NOT require flood insurance.

A covered porch welcomes you to this wonderful two unit property on First Avenue, just down the street from VCFA campus, tucked away in a great neighborhood. The side-by-side duplex design includes two townhouse style units. Each has a kitchen, living room and dining room on the main level and two bedrooms and a bathroom on the second floor. The basement is divided and each apartment has its own hot air heating system and hot water heater. An old style three bay garage has plank flooring and offers extra storage space. A most convenient location close to all that downtown Montpelier has to offer. Just minutes to schools, shopping, restaurants and Kellogg Hubbard Library. Both sides are currently rented and this property has a strong rental history. Also offers the opportunity to live on one side and let the rent from the adjacent apartment contribute to your cost of ownership.

Prime Meadow neighborhood location! This spacious, lovingly restored gem of a home is overflowing with character and pride of ownership. Located a stone's throw from the idyllic 200-acre Hubbard Park, and close to schools, downtown Montpelier, Birchgrove Bakery, and Meadow Mart, this charming home is move-in ready. You’ll immediately notice the expansive 10’x25’ front porch, where you can enjoy morning coffee or al fresco dining on a hot summer evening. The light-filled main floor features coffered ceilings, hardwood floors, and a large, open floor plan that allows for creativity in the use of each space. The warm and inviting kitchen, with its Vermont Danby marble countertops and custom cabinets, is a chef’s dream. Adjacent to the kitchen is a sun-filled living room overlooking the beautiful rain garden and deck. Nearby is a mudroom with a convenient laundry area and lots of storage cubbies, plus a bonus room, with its own exterior entrance, that could be an office or an extra bedroom. The full bathroom on the first floor even has a steam sauna! Upstairs, you’ll find original pine floors in the two bedrooms. The Master bedroom has an en suite bathroom, and there is another full bath as well. The full basement has ample storage space and was recently vapor sealed and insulated. The outdoor space includes a deck overlooking a rain garden. There is an attached lean-to shed/workshop for storage or hobbies. The gem of this home is the spacious one bedroom apartment

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.

Excellent opportunity to own prime commercial/residential space in Montpelier near I89, public transportation, schools, CVMC Hospital and shopping. The 6,686 square foot building is currently comprised of 13 offices and 6 airbnb rooms, one full bath, one 3/4 bath and two half baths (one handicap accessible), two kitchenettes and over 30 parking spaces. There are many preserved original details throughout the front portion of the building including a spectacular two level porch with dramatic columns. This property has prime road frontage on Route 2/State Street and ample signage. It's is a 5 minute walk to the State House and center of town. Perfect for investment, conversion to rental property or 1031 exchange! The July flooding did affect the building but it has been restored and renovated as is ready for immediate occupancy. Also listed as commercial: MLS#4985913.

Turn key, stabilized, fully leased, renovated and well-maintained six unit apartment building for sale in downtown Montpelier. Three 2-bedroom units, and three 1-bedroom units, all with laundry and hardwood floors. Units have been renovated with granite countertops, stainless appliances, renovated bathrooms, floors, paint, and much more. Units 1 and 2 share the front porch, and have a shared laundry. Units 3 and 4 enter from the side, and units 5 and 6 are newly built in a converted carriage barn. Strong rental history. Tenants pay their own utilities. Units 1-4 heat with an oil furnace and Units 5-6 have heat pumps and mini-splits. NOI $87,000 makes this a solid 6% cap rate for a high quality building. Assigned off street parking for each unit. Nice backyard as well, for tenants to enjoy. Barn is part of this property as well, and has areas clearly marked off for tenants to use as storage. **Please note that the structure did NOT flood in July 2023. Land is in the 1% flood hazard zone, but LOMA is in place attesting that the building is outside of the flood zone.** Incredibly convenient to downtown Montpelier’s restaurants and shopping. 48 hours notice for showings please, no exceptions.