14 Franklin Street Montpelier, Vermont 05602 MLS# 4968960

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Sold Status

$620,000 Sold Price

Multi Type

9 Beds

5 Baths

5,040 Sqft

Listed By Monique Payne of Heney Realtors - Element Real Estate (Montpelier)
Sold By Green Light Real Estate
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Washington County

14 Franklin Street

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

Sold Price  $620,000 Sold Date  Dec 8th, 2023
List Price  620,000 Bedrooms  9 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  5 Year Built  1850
MLS#  4968960 Lot Size  0.23 Acres Taxes $10,268
Type  Multi-Family Days on Market  312 Days Tax Year 2023
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 PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.