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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
List Price 665,000
Bedrooms 9
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 5
Year Built 1870
MLS# 4939057
Lot Size 0.23 Acres
Taxes $9,036
Type Multi-Family
Days on Market 1288 Days
Tax Year 2022
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.