This exceptional three-unit building, located in the historic district of Montpelier, offers the perfect blend of classic charm and modern comfort. The exterior maintains its historic beauty, while the interiors have been thoughtfully updated to meet today's standards. Each apartment features modern kitchens and bathrooms along with well-maintained finishes throughout, creating attractive and comfortable living spaces for tenants or owners alike. Residents enjoy convenient access to back porches and stairs leading to ample parking behind the building. The location is truly outstanding; not in the flood zone, just minutes from downtown Montpelier, a short walk to Hunger Mountain Co-op, and close to the newly completed bike path. Whether you're looking for a smart investment opportunity or hoping to live in one unit while generating income from the other two, this property offers flexibility and long-term potential. Lovingly owned by the same owner for many years, it is now ready for its next chapter. Ideal for both first-time investors and seasoned buyers expanding their portfolio. Schedule your showing today and explore all the possibilities this special property has to offer.
Operating Expenses : Heat,Insurance,Other,Sewer,Snow Removal,Trash,Utilities,Water,Water/Sewer
Annual Expenses
Taxes: $8,967
Income
Gross Income | $54,600
NetIncome | $36,371
Appliances : Electric Water Heater | Owned Water Heater | Water Heater
Construction: Wood Frame | Clapboard Exterior
Year Built: 1880
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 4302
Above Grade Sq.Ft.: 2814
Basement: Concrete Floor
Roof: Membrane
Seasonal: No
Heating: Oil | Baseboard | Hot Water
Cooling: None
Electric: 100 Amp Service | Circuit Breaker(s)
Utilities: Cable Available | Telephone Available
Electric Meters: 3
Water: Public
Sewer: Public
Land Information
City Lot | Landscaped | Level | Sidewalks
Lot size: 0.1 acres
Zoned: RESD 1)
Surveyed: Unk
Flood Zone: Unknown
Road Frontage: 66
Driveway: Common/Shared | Gravel | Right-Of-Way (ROW)