Amazing investment opportunity. This 3 unit multifamily property has had all the major upgrades: all new windows, new heating system, updated electrical, new plumbing and a new septic system. Invest with confidence knowing the property has been improved and well cared for by its current owners. A large barn is a great opportunity for storage, whether for your own use or to supplement the income from your apartment rentals. There are 2 dedicated office spaces within the barn- each with it's own separate heat pump. Unit 1 is a large two-bedroom, one-bath unit featuring a private porch, separate living and dining rooms and a spacious kitchen. Upstairs in Unit 2 (not pictured) is another 2 bedroom/1 bathroom unit with a long term tenant in place. A 1 bedroom/1 bathroom unit was recently added and includes a large back deck overlooking the 1+ acre yard. This unit offers 2 heat pumps as well as forced hot water heat. A large driveway provides ample parking, and the location couldn't be more convenient. Don't let this amazing investment opportunity pass you by! Set up your showing today! †

Essentials

List Price 349,000	Bedrooms 5	Garage Size Car
Cooperation Fee Unknown	Total Bathrooms 3	Year Built 1880
MLS# 5088347	Lot Size 1.01 Acres	Taxes $7,563
Type Multi-Family	Days on Market 24 Days	Tax Year 2025
Units 3	Stories 2	Road Frontage 100
Annual Income $60,000	Style Near School(s)	Water Frontage
Annual Expenses $0	Finished 3,035 Sqft	Construction No, Existing
Zoning Res and Commercial	Above Grade 3,035 Sqft	Seasonal No
Total Rooms 5	Below Grade 0 Sqft	List Date May 12th, 2026

Expenses

Gross Income $60,000	Operating Expenses $0	Net Income $33,881

Expenses Includes

Unit Size & Rent

Unit 1 2 Beds, 1 Baths, $0/Mo	Unit 2 2 Beds, 1 Baths, $1,000/Monthly
Unit 3 1 Beds, 1 Baths, $0/Mo

Building

Construction
BasementInterior, Unfinished
Interior Features
Exterior Features

Exterior	Disability Features
Foundation	House Color white
Floors Laminate, Hardwood	Building Certifications
Roof Standing Seam	HERS Index

Property

DirectionsFollow GPS
Lot Description, Open, Near Shopping
Garage & Parking No

Road Frontage 100	Water Access
Driveway Gravel	Water Type
Flood Zone No	Water Body
Zoning Res and Commercial

Schools

School District Washington Central	Middle U-32
Elementary East Montpelier Elementary	High U32 High School

Utilities

Heat Fuel , Hot Water, Boiler	Excluded
Heating/Cool Mini Split, Hot Water, Heat Pump, Baseboard	Negotiable
Sewer Septic, Mound	Parcel Access ROW
Water	ROW for Other Parcel
Water Heater	Financing
Cable Co	Documents
Electric 100 Amp Service	Tax ID 195-062-10346