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This well-maintained multi-family property offers a prime opportunity for investors or those looking to expand their portfolio. Ideally located just a short walk from downtown Montpelier, this triplex includes two recently renovated units, each equipped with efficient heat pumps for year-round comfort and energy savings. Both downstairs units enjoy private basement access, adding convenience and valuable storage space. The other spacious 3-bedroom unit features access to both the basement and attic. It retains its original charm and character, with decorative interior stairs that give it a classic townhouse feel and plenty of potential for modern updates. This property offers versatility and potential for a variety of investment strategies, whether you’re looking to maximize rental income or explore long-term development opportunities. The adjacent lot (MLS #467868) is also available for purchase separately, offering additional possibilities for expansion or investment. †
Property Location
56 Northfield Street Montpelier
Property Details
List Price 375,000
Bedrooms 0
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 0
Year Built 1900
MLS# 5042735
Lot Size 0.3 Acres
Taxes $8,387
Type Multi-Family
Days on Market 56 Days
Tax Year 25
Units 3
Stories 3
Road Frontage
Annual Income $0
Style
Water Frontage
Annual Expenses $0
Finished 3,378 Sqft
Construction No, Existing
Zoning Mixed Use
Above Grade 3,378 Sqft
Seasonal No
Total Rooms 0
Below Grade 0 Sqft
List Date May 23rd, 2025
Gross Income $0
Operating Expenses $0
Net Income $0
Expenses Includes
Unit 1 Beds, Baths, $1,850/Monthly
Unit 2 Beds, Baths, $1,486/Monthly
Unit 3 Beds, Baths, $1,640/Monthly
Construction
BasementInterior, Storage Space, Finished
Interior Features
Exterior Features
Exterior
Disability Features
Foundation Concrete
House Color
Floors
Building Certifications
Roof Shingle
HERS Index
DirectionsFrom downtown Montpelier, head up Northfield Street. The property is the second building on the left.
Lot Description, Rental Complex
Garage & Parking No
Road Frontage
Water Access
Driveway Crushed Stone, Common/Shared
Water Type
Flood Zone No
Water Body
Zoning Mixed Use
School District NA
Middle
Elementary
High
Heat Fuel , Oil
Excluded
Heating/Cool Mini Split, Hot Air, Heat Pump
Negotiable
Sewer Public
Parcel Access ROW
Water
ROW for Other Parcel
Water Heater
Financing
Cable Co
Documents
Electric 100 Amp, Circuit Breaker
Tax ID 405-126-12336
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† The remarks published on this webpage originate from Listed By Ruby Klarich of Central Vermont Real Estate 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.
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