19 Franklin Street Montpelier, Vermont 05602 MLS# 5035441

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Under Contract Status

$465,000 List Price

Multi Type

6 Beds

3 Baths

2,328 Sqft

Listed By Janel Johnson of Coldwell Banker Hickok & Boardman - (802)752-2143
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Washington County

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Turn-Key Duplex

Turn-key duplex nestled in the heart of the Capital City, presenting a unique opportunity for both owner-occupiers and investors alike. Owner occupied and dutifully maintained for many years. Two side-by-side 3-bedroom units featuring updated kitchens and full baths brimming with modern flair. Sunny dining and living rooms and convenient mudrooms too. Updates include newer furnaces and hot water heaters for each unit. New heat pumps on the first and second floors add to the appeal. Each unit is separately metered for heat and electric, with a washer/dryer in each unfinished side of the basement. 200 amp electric service. Enjoy the lush perennial gardens surrounding the home from the back patio or two front porches. Off-street parking for two vehicles. This prime location so close to town means you're never far from schools, the library, shopping, and dining. The abundant trail network in Hubbard Park is close by too. Flexibility and fantastic earning potential are waiting for you at this well-maintained property.

• Invest or owner-occupy
• Dutifully maintained for many years
• Side-by-side 3-bedroom units
• Newer furnaces & hot water heaters
• Separately metered
• Pack patio, lush perennial gardens

Cooperation Fee - 2.5%

The Seller(s) of this property has authorized the Listing Agency/Agent to offer a Cooperation Fee or Seller Concession toward Buyers’ closing costs in the amount of 2.5% with accepted terms of an offer. This fee is offered to Buyer’s Agents and Broker’s Agents. This fee must be agreed to in writing within the terms of the Purchase & Sale Contract or in a fully executed Commission Allocation Agreement or Cooperation Agreement between the brokerage firms; and will be paid at closing.

Property Location

19 Franklin Street Montpelier

Property Details

Contract Date  May 7th, 2025
List Price  465,000 Bedrooms  6 Garage Size   Car
Cooperation Fee  2.5% Total Bathrooms  3 Year Built  1870
MLS#  5035441 Lot Size  0.07 Acres Taxes $8,467
Type  Multi-Family Days on Market  37 Days Tax Year 2024
Units  2 Stories  2 Road Frontage  
Annual Income  $0 Style  Near School(s) Water Frontage  
Annual Expenses  $0 Finished  2,328 Sqft Construction  No, Existing
Zoning   RESD1 Above Grade  2,328 Sqft Seasonal  No
Total Rooms  6 Below Grade  0 Sqft List Date  Apr 9th, 2025
Gross Income  $0 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   3 Beds, 2 Baths, 1,164 SqFt, $0/Mo Unit 2   3 Beds, 1 Baths, 1,164 SqFt, $0/Mo
Construction
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Brick, Concrete, Stone House Color  Blue
Floors  Tile, Softwood, Laminate Building Certifications  
Roof  Metal, Membrane HERS Index  
DirectionsFrom downtown Montpelier, follow Main Street to left on Franklin Street by Main Street School. Property on right.
Lot Description, Sidewalks, Street Lights, Trail/Near Trail, In Town, Near Shopping
Garage & Parking  No, Driveway
Road Frontage   Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  RESD1
School District  Montpelier School District Middle  Main Street Middle School
Elementary  Union Elementary School High  Montpelier High School
Heat Fuel  , Electric Excluded  
Heating/Cool  Mini Split, Hot Air, Heat Pump, Electric Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  Property Disclosure, Deed
Electric  Circuit Breaker, 200 Amp Tax ID  405-126-12568
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✱ If you engage a brokerage firm to represent you in a real estate transaction, you are responsible for compensating the firm according to the terms of your brokerage service agreement. Compensation to be paid under a brokerage service agreement is solely and entirely a matter of negotiation between an agent and client and is in no way controlled, fixed, or pre-established. Historically, cooperation fees were published in the Multiple Listing Service (MLS) for each Listing. Recent changes to the rules, prohibit the publication of these fees in the MLS but allow the display on a brokerage's website for their Clients' listings.