83 East State Street Montpelier, Vermont 05602 MLS# 4939057

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Sold Status

$690,000 Sold Price

Multi Type

9 Beds

5 Baths

4,215 Sqft

Listed By Janel Johnson of Coldwell Banker Classic Properties
Sold By Heney Realtors - Element Real Estate (Montpelier)
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Washington County

83 East State Street

Just down the street from the College Green, this Montpelier multi family has five well maintained residential apartments. The classic building contains four two bedroom apartments, and a single one bedroom apartment, all with great layouts and unique character. Many original features retained, including lots of beautiful hardwood floors. Unit #5 has a brand new kitchen and bath remodel. Each unit has separate metered electric. New boiler in 2020. Coin operated laundry along with storage areas for all units located in basement. Five off street parking spaces. With covered porches and a small backyard, there are wonderful spaces to relax and and enjoy the outdoors. Walking distance to downtown shopping, schools, the library and your favorite restaurants. A fantastic opportunity for an owner occupied home or a solid investment property to add to your portfolio. Don't miss out on this one!

Property Location

83 East State Street Montpelier

Property Details

Sold Price  $690,000 Sold Date  Dec 30th, 2022
MLS#  4939057 Bedrooms  9 Garage Size   Car
List Price  665,000 Total Bathrooms  5 Year Built  1870
Type  Multi-Family Lot Size  0.2300 Acres Taxes $9,036
Units  5 Stories  3 Road Frontage  
Annual Income  $0 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  4,215 Sqft Construction  No, Existing
Zoning   Mixed Use Res Above Grade  4,215 Sqft Seasonal  No
Total Rooms  9 Below Grade  0 Sqft List Date  Dec 14th, 2022
Gross Income  $0 Operating Expenses  $0 Net Income  $47,856
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $0/Mo Unit 2   2 Beds, 1 Baths, $0/Mo
Unit 3   2 Beds, 1 Baths, $0/Mo Unit 4   1 Beds, 1 Baths, $0/Mo
Unit 5   2 Beds, 1 Baths, $0/Mo
ConstructionWood Frame
BasementWalkout, Unfinished
Interior Features
Exterior Features
Exterior  Aluminum Disability Features  
Foundation  Stone, Concrete House Color  White
Floors  Softwood, Carpet, Laminate, Hardwood Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsFrom Main Street, head up East State Street, property on right before West Street and the College Green. See sign.
Lot Description, Level
Garage & Parking  No, , , 5 Parking Spaces, Parking Spaces 5
Road Frontage   Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  Mixed Use Res
School District  Montpelier School District Middle  Main Street Middle School
Elementary  Union Elementary School High  Montpelier High School
Heat Fuel  , Gas-Lp/Bottle Excluded  
Heating/Cool  None, Baseboard, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Off Boiler Financing  
Cable Co   Documents  Property Disclosure, Deed, Tax Map
Electric  100 Amp, Circuit Breaker Tax ID  405-126-10112
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† The remarks published on this webpage originate from Listed By Janel Johnson of Coldwell Banker Classic Properties 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.