1 First Avenue Montpelier, Vermont 05602 MLS# 4166038

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Sold Status

$245,000 Sold Price

Multi Type

6 Beds

4 Baths

2,720 Sqft

Listed By Timothy Heney of
Sold By Green Light Real Estate
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1 First Avenue

So close to everything in the Capital City, this handsome two and a half story house is comprised of four nice apartments. A large three bedroom first floor apartment is very comfortable and has a laundry room. Two one bedroom apartments are on the second floor and the fourth unit is a nice bright third floor apartment. Extra unfinished attic allows room to expand this apartment plus a full second interior stairwell offers second means of entry/egress. A one car garage is also on site. Ideal for an owner who desires to live in one apartment and have the benefit of rental income from three units. This one has a solid track record and good cash flow. †

Property Location

1 First Avenue Montpelier

Property Details

Sold Price  $245,000 Sold Date  Oct 3rd, 2012
MLS#  4166038 Bedrooms  6 Garage Size  1 Car
List Price  249,000 Total Bathrooms  4 Year Built  1900
Type  Multi-Family Lot Size  0.1600 Acres Taxes $6,437
Units  4 Stories  1/2/1900 Road Frontage  1
Annual Income  $38,700 Style  Other Water Frontage  
Annual Expenses  $19,910 Finished  2,720 Sqft Construction  No, Existing
Zoning   HDR Above Grade  2,720 Sqft Seasonal  No
Total Rooms  6 Below Grade  0 Sqft List Date  Jun 15th, 2012
Gross Income  $38,700 Operating Expenses  $19,910 Net Income  $0
Expenses Includes 
Unit 1   3 Beds, 1 Baths, $1,000/Monthly Unit 2   1 Beds, 1 Baths, $850/Monthly
Unit 3   1 Beds, 1 Baths, $725/Monthly Unit 4   1 Beds, 1 Baths, $650/Monthly
ConstructionWood Frame
Basement, Sump Pump, Unfinished, Interior Stairs, Full, Crawl Space
Interior Features
Exterior Features
Exterior  Wood, Clapboard Disability Features  1st Floor Full Bathrm
Foundation  Stone House Color  yellow
Floors  Vinyl, Carpet Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsBarre St. to Hubbard St., take first right on First Ave. Second house on right.
Lot Description, Lake Frontage, City Lot
Garage & Parking  Yes, , , 1 Parking Space
Road Frontage  1 Water Access  
Driveway  Gravel Water Type  Lake
Flood Zone  Unknown Water Body  
Zoning  HDR
School District  Montpelier School District Middle  Main Street Middle School
Elementary  Union Elementary School High  Montpelier High School
Heat Fuel  , Oil Excluded  
Heating/Cool  Multi Zone, Multi Zone, Hot Water Negotiable  
Sewer  Public, Metered Parcel Access ROW  
Water  Public, Metered ROW for Other Parcel  
Water Heater  Tank, Off Boiler Financing  
Cable Co  Comcast Documents  Deed
Electric  Circuit Breaker Tax ID  40512612579
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† The remarks published on this webpage originate from Listed By Timothy Heney of via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.