8-10 Ridge Street Montpelier, Vermont 05602 MLS# 4027047

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Sold Status

$199,500 Sold Price

Multi Type

6 Beds

3 Baths

2,879 Sqft

Listed By Lori Holt of BHHS Vermont Realty Group/Montpelier
Sold By
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8-10 Ridge Street

Ideal approach to starting a real estate investment portfolio; live in one side and collect rent from the other! Two large 3-BR apartments, each with 2 parking spaces, close to the VT College of Fine Arts' Campus. Tenants pay heat & electricity, and take care of the lawn & snow removal. 17 new windows! Comfortable units with many improvements. ** Motivated Seller** †

Property Location

8-10 Ridge Street Montpelier

Property Details

Sold Price  $199,500 Sold Date  Jun 29th, 2011
MLS#  4027047 Bedrooms  6 Garage Size  0 Car
List Price  219,000 Total Bathrooms  3 Year Built  1892
Type  Multi-Family Lot Size  0.1000 Acres Taxes $5,549
Units  2 Stories  2 Road Frontage  65
Annual Income  $0 Style  Converted Water Frontage  
Annual Expenses  $12,561 Finished  2,879 Sqft Construction  Existing
Zoning   High Density Re Above Grade  2,879 Sqft Seasonal  No
Total Rooms  6 Below Grade  0 Sqft List Date  Sep 29th, 2010
Gross Income  $0 Operating Expenses  $12,561 Net Income  $23,400
Expenses Includes 
Unit 1   3 Beds, 2 Baths, $1,175/Mo Unit 2   3 Beds, 1 Baths, $775/Mo
ConstructionWood Frame
BasementFull, Unfinished
Interior Features
Exterior Features
Exterior  Clapboard,Wood Disability Features  
Foundation  Stone House Color  Yellow
Floors   Building Certifications  
Roof  Flat, Membrane, Metal, Standing Seam HERS Index  
Directions
Lot DescriptionCity Lot, Corner, Easement, Level
Garage & Parking  4 Parking Spaces
Road Frontage  65 Water Access  
Driveway  Common/Shared, Crushed Stone, Gravel Water Type  
Flood Zone  No Water Body  
Zoning  High Density Re
School District  Montpelier School District Middle  Main Street Middle School
Elementary  Unity Elementary School High  Montpelier High School
Heat Fuel  Oil Excluded  
Heating/Cool  Hot Air Negotiable  
Sewer  Public Parcel Access ROW  No
Water  Metered, Public ROW for Other Parcel  Yes
Water Heater  Electric, Rented Financing  Conventional
Cable Co  Comcast Documents  Deed
Electric  Circuit Breaker Tax ID  40512611787
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† The remarks published on this webpage originate from Listed By Lori Holt of BHHS Vermont Realty Group/Montpelier 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.