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This property has been well cared for by the same family for over 50 years. Five units including one vacant two bedroom unit on the first floor. This historic building was moved in the 1950's from Main Street and put on a full concrete foundation – it is a very solid structure. The rental units are all in good shape - 3 of the units have attic storage. The owners also did a large project to reinforce the river bank with concrete blocks which created a nice level backyard and a wonderful space to relax and enjoy the river. The Franklin Street neighborhood is very desirable close to town and schools. This is a chance to have an investment property where you could also enjoy living. Updates include replacement windows in every unit. 48 hours notice required, assisted showings. Don't miss this great opportunity. †
Property Location
14 Franklin Street Montpelier
Property Details
MLS# 4968960
Bedrooms 9
Garage Size Car
List Price 620,000
Total Bathrooms 5
Year Built 1850
Type Multi-Family
Lot Size 0.2300 Acres
Taxes $10,268
Units 5
Stories 2
Road Frontage
Annual Income $0
Style Historic Vintage, Multi-Family
Water Frontage 68
Annual Expenses $0
Finished 5,040 Sqft
Construction No, Existing
Zoning Res 1500
Above Grade 5,040 Sqft
Seasonal No
Total Rooms 9
Below Grade 0 Sqft
List Date Sep 7th, 2023
Gross Income $0
Operating Expenses $0
Net Income $0
Expenses Includes
Unit 1 2 Beds, 1 Baths, $0/Mo
Unit 2 2 Beds, 1 Baths, $1,000/Monthly
Unit 3 2 Beds, 1 Baths, $1,600/Monthly
Unit 4 3 Beds, 1 Baths, $935/Monthly
Unit 5 0 Beds, 1 Baths, $550/Monthly
ConstructionWood Frame
BasementInterior, Unfinished, Full
Interior Features
Exterior Features
Exterior Aluminum
Disability Features
Foundation Concrete
House Color white
Floors Carpet, Vinyl, Wood
Building Certifications
Roof Shingle-Asphalt
HERS Index
DirectionsMain St. past roundabout, turn left on Franklin St. just before Main Street Middle School. Property on left.
Lot Description, River Frontage, City Lot, Near Bus/Shuttle, Windows - Double Pane
Garage & Parking No, , , Off Street, 5 Parking Spaces
Road Frontage
Water Access
Driveway Gravel
Water Type River
Flood Zone Unknown
Water Body
Zoning Res 1500
School District Montpelier School District
Middle Main Street Middle School
Elementary Union Elementary School
High Montpelier High School
Heat Fuel , Oil
Excluded
Heating/Cool None, Radiators, Hot Water
Negotiable
Sewer Public
Parcel Access ROW
Water Public
ROW for Other Parcel
Water Heater Electric, Shared
Financing
Cable Co
Documents Property Disclosure, Deed, Tax Map
Electric Other, Circuit Breaker
Tax ID 405-126-12241
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† The remarks published on this webpage originate from Listed By Monique Payne of Heney Realtors - Element Real Estate (Montpelier) 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.
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