List Price: $475,000 | $102 per sq.ft. Multi Family A 6 Unit Multi Family Home
With 3 One Bedroom Units , 0 - Two Bedroom Units ,0 - Three Bedroom Units on North Branch Winooski River Listed Monday Nov 11, 2024 | MLS# 5021802
With 3 One Bedroom Units , 0 - Two Bedroom Units ,0 - Three Bedroom Units on North Branch Winooski River Listed Monday Nov 11, 2024 | MLS# 5021802
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.
Operating Expenses : Heat,Insurance,Maintenance,Other,Snow Removal,Trash,Utilities,Water/Sewer
Annual Expenses
Taxes: $14,481
Taxes: $14,481
Income
Appliances : Water Heater – Off Boiler | Water Heater – Owned
UNIT 1
Beds: 1
Baths: 1
Rooms: 3
Level: 1
Info : Heat Included,Hot Water,Range - Electric,Refrigerator
Tenant Pays : Electric
Rent : 1200.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 2
Beds: 1
Baths: 1
Rooms: 3
Level: 2
Style : flat
Info : Heat Included,Hot Water,Range - Electric,Refrigerator
Tenant Pays : Electric
Rent : 950.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 3
Beds: 1
Baths: 1
Rooms: 3
Level: 3
Style : flat
Info : Heat Included,Hot Water,Range - Electric,Refrigerator
Tenant Pays : Electric
Rent : 1100.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
Construction: Wood Frame | Clapboard Exterior
Year Built: 1900
Style: Apartment Building | Historic Vintage | Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 6117
Above Grade Sq.Ft.: 4645
Basement: Concrete | Full | Sump Pump
Foundation: Concrete
Year Built: 1900
Style: Apartment Building | Historic Vintage | Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 6117
Above Grade Sq.Ft.: 4645
Basement: Concrete | Full | Sump Pump
Foundation: Concrete
Exterior Features:
Porch - Covered
Exterior Color: Gray
Roof: Membrane | Shingle - Architectural
Garage And Parking: Driveway | Leased | Parking Spaces 2 | Parking Spaces 4
Seasonal: No
Porch - Covered
Exterior Color: Gray
Roof: Membrane | Shingle - Architectural
Garage And Parking: Driveway | Leased | Parking Spaces 2 | Parking Spaces 4
Seasonal: No
Heating: Propane | Baseboard | Multi Zone
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - Available
Electric Meters: 4
Gas_Meters: 0
Water: Public
Sewer: Public
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - Available
Electric Meters: 4
Gas_Meters: 0
Water: Public
Sewer: Public
Land Information
City Lot | River | In Town
Lot size: 0.12 acres
Zoned: Residential/Commercial)
Surveyed: Unk
Flood Zone: Yes
Roads: Paved | Public
Driveway: Paved
City Lot | River | In Town
Lot size: 0.12 acres
Zoned: Residential/Commercial)
Surveyed: Unk
Flood Zone: Yes
Roads: Paved | Public
Driveway: Paved
Docs Available : Deed | Other | Property Disclosure
Taxes $14,481
Assesed Value Not Reported
Schools
School District: Montpelier School District
Elementary School: Union Elementary School
Middle School: Main Street Middle School
High School: Montpelier High School
School District: Montpelier School District
Elementary School: Union Elementary School
Middle School: Main Street Middle School
High School: Montpelier High School
PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion
of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the
nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to
consumers for their review and acknowledgment at the appropriate time. These forms can be accessed here:
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM