Situated on a rare and expansive 1.3+ acre lot in vibrant Downtown Montpelier, this unique property has served as a church since 1945 and offers incredible potential for redevelopment or restoration. The 3-story, turn-of-the-century building is accompanied by a 1,240 sq ft single-story addition. The upper levels have been previously configured as apartments, providing a flexible layout for future use. While the property sustained damage during the July 2023 flooding, important steps have been taken to stabilize the structure, and major electrical entrances have been substantially updated—laying the groundwork for new possibilities. Whether you're considering residential, community, or mixed-use redevelopment, this site is ready for transformation. Adding to its appeal is a rare 20-car parking area, with 15 spaces currently leased and generating steady rental income. Don’t miss this opportunity to bring new life to a historic property in one of Vermont’s most charming and walkable downtowns.
Great opportunity to own a spacious two-unit building in downtown Montpelier. This two unit could easily be converted back to a SINGLE FAMILY HOMES by just unlocking two doors! Both units are currently rented. The two car garage fits two small cars and there is storage on the second level. The building is located on a low maintenance tenth of an acre lot. Besides the garages, there is plenty of off street parking in the driveway. The first floor one bedroom unit is rented for $1,560/month and the second floor two bedroom unit is rented for $1,600. 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 a hole in a drain in the basement in the July 2023 flood. Drain has been fixed and a check valve has been installed to prevent future backflow. Only three feet of water came in to the basement in 2023 an no water came up in to the house.
Great Montpelier 3BR single level home with in-law apartment in cathedral ceiling addition used as Air BnB rental and long term rental in past. Private back yard with country feel, large wrap around deck, and nice level lawn. Live in the original 3 bedroom ranch home and let the rear in-law apartment help pay your mortgage or incorporate this beautiful light filled space into your living area or use as a great office or studio. Back apartment has separate entry with private porch and opens up to the surrounding nature. The open plan, connection to the large deck, and fire pit in back create perfect space to entertain or to host holiday get-togethers. Renovated bathrooms & updated kitchens and cozy den/LR with wood stove. Lot features perennial gardens, nice level lawn, and plenty of sunny space for veggie garden. Across the street from Gove Community Gardens which is protected land, short walk to North Branch Nature Center, Hubbard Park Trails, and close to recreation field. Easy bike ride into town to take advantage of all Montpelier has to offer. Large dry basement perfect for storage - house was not impacted by recent flooding events. Come take a look at this wonderful Montpelier home before it gets scooped up. All offers due at 5pm on Tuesday, April 8.
Attention investors! Classic historic building, with mixed commercial/office and residential use, in a convenient downtown Montpelier location. The unit mix includes three 1-bedroom apartments, and an assortment of small private offices and suites. Potential to expand the residential use. Some units are leased and some vacant, offering flexible opportunity for the future owner. Charming historic wood details, nice natural light, small shared backyard, and river views. Flood protection measures in place, including raised boiler and electric panel. New boiler and mansard roof within the last year. Agent is related to the seller.
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.
Wonderful 3 unit investment opportunity or owner occupied. Fantastic location in sought after College Street neighborhood just steps from the College green and the Montpelier Performing Arts Center. Walking distance to the Capitol City's downtown, cafe's, theatre, restaurants and shopping. Each unit has it's own deck. Detached 2 car garage, plenty of off street parking. Current tenants have been long term and rents are well below market rate. Fireplace is not operational.
Versatile Multi-Unit Property in Montpelier! This distinctive Victorian building offers a unique blend of commercial and residential spaces. The first two floors are currently configured as office space, while the third floor features a charming one-bedroom apartment. A spacious wrap-around porch adds to the building’s historic appeal. The property is equipped with a fire suppression sprinkler system and includes a partially finished walk-out basement for additional flexibility. The gently sloping lot provides ample parking with approximately nine spaces; the driveway is shared with the neighboring property at 125 Barre Street. Whether you’re looking to continue its use as office space or explore the potential for residential conversion, this property presents an excellent investment opportunity. Now available for $620,000.
Discover the charm of this beautiful historic home, currently utilized as a duplex but easily convertible back to a single-family residence. This property features a wrap around porch, convenient carport, beautiful hardwood floors, updated kitchens and baths, and a sunroom upstairs that invites natural light and warmth. The dry walk-out basement, unaffected by recent flooding, houses a high-efficiency Buderus boiler and a classic soapstone laundry sink. Situated directly across from the Vermont College Green and just a block from Sabin’s Pasture with its scenic walking trails, this property offers both comfort and convenience in the heart of Montpelier, whether you’re seeking an investment opportunity or a place to call home.
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