2 Monsignor Crosby Avenue Montpelier, Vermont 05602 MLS# 4831097

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Sold Status

$545,500 Sold Price

Multi Type

10 Beds

6 Baths

5,610 Sqft

Listed By Erica Lumsden of Matt Lumsden Real Estate
Sold By

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Located in the heart of downtown Montpelier, this 6 unit Multi-Family is close to Interstate 89, shopping and restaurants. All units have excellent rental history and all units are current with rent. Each unit has a separate metered electric,metered propane and electric water heaters. Rents include water/sewer, trash/recycling/organics hauling, maintenance and snow removal. Tenants are responsible for heat and electric. VH&CB supervised interior/exterior lead testing and abatement in 2014. Updates include porch steps,foundation repointed/parged, shed resupported and new barn door. All units have Rinnai Direct vented space heaters and some units have supplemental electric heat in the bath or bedrooms. Roofing replaced in 2009 as well as all windows vinyl replacements installed. Large ground level storage shed for Owner maintenance shop. †

Property Location

2 Monsignor Crosby Avenue Montpelier

Property Details

Essentials

Sold Price $545,500		Sold Date Dec 17th, 2020
MLS# 4831097	Bedrooms 10	Garage Size Car
List Price 550,000	Total Bathrooms 6	Year Built 1900
Type Multi-Family	Lot Size 0.0700 Acres	Taxes $6,128
Units 6	Stories 3	Road Frontage 80
Annual Income $61,260	Style Multi-Family	Water Frontage
Annual Expenses $0	Finished 5,610 Sqft	Construction No, Existing
Zoning Residential	Above Grade 5,610 Sqft	Seasonal No
Total Rooms 10	Below Grade 0 Sqft	List Date Sep 26th, 2020

Expenses

Gross Income $61,260	Operating Expenses $0	Net Income $40,834

Expenses Includes

Unit Size & Rent

Unit 1 2 Beds, 1 Baths, $895/Monthly	Unit 2 2 Beds, 1 Baths, $900/Monthly
Unit 3 1 Beds, 1 Baths, $680/Monthly	Unit 4 1 Beds, 1 Baths, $700/Monthly
Unit 5 2 Beds, 1 Baths, $1,200/Monthly	Unit 6 2 Beds, 1 Baths, $750/Monthly

Building

ConstructionWood Frame
BasementWalkout, Unfinished, Full, Concrete
Interior Features
Exterior Features

Exterior Wood	Disability Features
Foundation Granite	House Color Blue
Floors	Building Certifications
Roof Shingle-Asphalt	HERS Index

Property

DirectionsMain Street, take a right onto Barre Street and then a left onto Monsignor Crosby Avenue. Home on the left.
Lot Description, City Lot
Garage & Parking No, ,

Road Frontage 80	Water Access
Driveway Gravel	Water Type
Flood Zone Yes	Water Body
Zoning Residential

Schools

School District NA	Middle Main Street Middle School
Elementary Union Elementary School	High Montpelier High School

Utilities

Heat Fuel	Excluded
Heating/Cool None, Monitor Type	Negotiable
Sewer Public	Parcel Access ROW
Water Public	ROW for Other Parcel
Water Heater Electric	Financing
Cable Co	Documents
Electric 100 Amp, Circuit Breaker	Tax ID 405-126-11755

† The remarks published on this webpage originate from Listed By Erica Lumsden of Matt Lumsden Real Estate 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.