231 Elm Street Montpelier, Vermont 05602 MLS# 2698573

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Sold Status

$230,000 Sold Price

Multi Type

7 Beds

4 Baths

3,168 Sqft

Listed By Neil Johnson of Johnson Real Estate Group, LTD
Sold By
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231 Elm Street

Victorian 4 Unit with consistent income stream within 0.5 miles from downtown Montpelier. Recent updates include plumbing, electric & separate heating control. With some cosmetic assistance, this property could be even more of a gem. Separate heating units (like Rinnais) could increase net, too. Roof reportedly "newer asphalt membrane." †

Property Location

231 Elm Street Montpelier

Property Details

Sold Price  $230,000 Sold Date  May 16th, 2008
MLS#  2698573 Bedrooms  7 Garage Size  0 Car
List Price  240,000 Total Bathrooms  4 Year Built  1910
Type  Multi-Family Lot Size  0.1400 Acres Taxes $4,834
Units  4 Stories  2 Road Frontage  
Annual Income  $0 Style   Water Frontage  
Annual Expenses  $18,835 Finished  3,168 Sqft Construction  No, Existing
Zoning   High D Res Above Grade  3,168 Sqft Seasonal  No
Total Rooms  7 Below Grade  0 Sqft List Date  Jan 9th, 2008
Gross Income  $0 Operating Expenses  $18,835 Net Income  $34,920
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $650/Mo Unit 2   2 Beds, 1 Baths, $750/Mo
Unit 3   2 Beds, 1 Baths, $760/Mo Unit 4   2 Beds, 1 Baths, $750/Mo
ConstructionWood Frame
Basement, Unfinished, Bulkhead, Full
Interior Features
Exterior Features
Exterior  Wood, Clapboard Disability Features  
Foundation  Brick, Concrete, Stone House Color  
Floors   Building Certifications  
Roof  Membrane, Other HERS Index  
DirectionsFrom State Street, turn onto Elm Street, 0.4 miles on east side of street. (There is no LO Sign)
Lot Description, Level, Water View
Garage & Parking  No, , , 1-10 Spaces, Off Street, On Site
Road Frontage   Water Access  
Driveway  Concrete, Crushed Stone, Dirt Water Type  
Flood Zone  Yes Water Body  
Zoning  High D Res
School District  Washington Central Middle  Main Street Middle School
Elementary  Union Elementary School High  Montpelier High School
Heat Fuel  , Oil Excluded  
Heating/Cool  Multi Zone, Baseboard, Radiators, Multi Zone, Steam, Hot Water Negotiable  
Sewer  Metered, Public Parcel Access ROW  
Water  Public, Metered ROW for Other Parcel  
Water Heater  Electric, Separate Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  
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† The remarks published on this webpage originate from Listed By Neil Johnson of Johnson Real Estate Group, LTD 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.