$388,500
 $2,086 est/mo Sourced by Back At You

27 St Paul Street , Montpelier, VT 05602

Montpelier, VT 05602

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Description

Great opportunity to own and live in a spacious two-unit building in downtown Montpelier and have tenants help pay your mortgage and expenses. OR, this two unit could easily be converted back to a SINGLE FAMILY HOMES by just unlocking two doors! Live upstairs in the vacant unit, park your car in one of the two garage spaces and walk everywhere or rent out the second floor unit for double the income. Located on a low maintenance tenth of an acre lot. Besides the garages, there is plenty of off street parking. First floor one bedroom unit is rented for $1,520/month and the second floor two bedroom unit is currently vacant. Heat (oil steam radiators), gas for ranges, water and sewer are included in rent. Tenants pay their own electric, hot water, trash, internet and cable. Each unit has a garage. There is a large storage space on the back of the building on each floor with stairs to the garage. The large fully equipped kitchens have gas ranges and full size refrigerators. Each unit has a covered porch at its private entry where a table and chairs could be set up to enjoy the lovely weather. Water came up through the basement drain in the July 2023 flood. Flood waters did not come up to the house. Owner's current commercial mortgage does NOT require flood insurance.

Details

MLS#4992563
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1890
Days On Site162
Listing Provided ByBHHS Vermont Realty Group/Montpelier | Martha Lange

Features

SQ Feet3,208
Garage2
BasementY
Story(s)2
Units2
ZoningRESD 1
Acreage0.10

Market Activity 05602



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StateVT
CountyWashington
CityMontpelier
Zip Code05602
School DistrictMontpelier High School
Elementary SchoolUnion Elementary School
Middle SchoolMain Street Middle School
High SchoolMontpelier High School
Listing VS Median (in 05602)
Price:
$388,500
low | high
Med:
$388,500
50% of Average
SqFt:
3,208
low | high
Med:
3,208
50% of Average
$ / SqFt:
$121
low | high
Med:
$121
50% of Average
On Site:
162
low | high
Med:
162
100% of Average
Sourced by Back At You
Listing Updated: September 8, 2024 at 3:14:23 AM PDT