36-42 East State Street Montpelier, Vermont 05602 MLS# 4255560

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Sold Status

$350,000 Sold Price

Multi Type

11 Beds

6 Baths

5,730 Sqft

Listed By Soren Pfeffer of Central Vermont Real Estate
Sold By Coldwell Banker Classic Properties
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Washington County

36-42 East State Street

Large, sunny 5 (or 6) apartment unit building just outside of downtown on East State St. Great location near everything but just far enough from the center of town to provide a nice, quiet residential environment. Front has large, arch-top windows, beautiful Italianate detailing, and nice portico entries. Zoned CB2 so potential for commercial as well as residential rental. Great rental history and #'s. 4 separate entrances (3 of the 5 units have private entrances), parking for 8 vehicles with back stairs/entry off parking area, 3 story back porch with views over town, light/sunny living spaces and lots of space in general. 2 storage rooms in back and ample storage space in apartments. Newer High efficient propane boiler, modern zoned baseboard hot water heat, and lots of passive solar make this building surprisingly energy efficient. Listing agent is part owner of building.

Property Location

36-42 East State Street Montpelier

Property Details

Sold Price  $350,000 Sold Date  Aug 29th, 2013
MLS#  4255560 Bedrooms  11 Garage Size  0 Car
List Price  375,000 Total Bathrooms  6 Year Built  1890
Type  Multi-Family Lot Size  0.1300 Acres Taxes $9,120
Units  5 Stories  3 Road Frontage  50
Annual Income  $62,400 Style  , Historic District Water Frontage  
Annual Expenses  $0 Finished  5,730 Sqft Construction  No, Existing
Zoning   CB 2 Above Grade  4,980 Sqft Seasonal  No
Total Rooms  11 Below Grade  750 Sqft List Date  Jul 18th, 2013
Gross Income  $62,400 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 800 SqFt, $850/Monthly Unit 2   3 Beds, 1 Baths, 1,100 SqFt, $1,400/Monthly
Unit 3   1 Beds, 1 Baths, 550 SqFt, $650/Monthly Unit 4   2 Beds, 1 Baths, 650 SqFt, $900/Monthly
Unit 5   3 Beds, 2 Baths, 1,200 SqFt, $1,400/Monthly
ConstructionWood Frame
Basement, Unfinished, Full, Finished
Interior Features
Exterior Features
Exterior  Wood, Clapboard Disability Features  Access. Parking, 1st Floor Bedroom, 1st Floor Full Bathrm, Kitchen w/5ft Diameter, Access. Mailboxes No Step
Foundation  Stone, Concrete House Color  Yellow
Floors  Vinyl, Carpet, Softwood, Laminate, Hardwood Building Certifications  
Roof  Membrane HERS Index  
DirectionsFrom the corner of State St. & Main St. go up East State St. toward Vermont College of Fine Arts. It's on the left about 100 yards from the main intersection in town.
Lot Description, View, Mountain View, Level, City Lot, Near Bus/Shuttle
Garage & Parking  No, , , On Site, 5-10 Spaces
Road Frontage  50 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  CB 2
School District  Montpelier School District Middle  Main Street Middle School
Elementary  Union Elementary School High  Montpelier High School
Heat Fuel  Heat Included, Gas-Lp/Bottle Excluded  
Heating/Cool  , Baseboard, Passive Solar, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public, Metered ROW for Other Parcel  
Water Heater  Off Boiler, Gas-Lp/Bottle Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  40512612146
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† The remarks published on this webpage originate from Listed By Soren Pfeffer of Central Vermont 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.