$795,000
 $4,268 forsale estimated payment Sourced by Back At You

7 Winter Street , Montpelier, VT 05602

Montpelier, VT 05602

Sharewithfriend

Description

Well maintained 7 Unit building in sought after "Meadows" neighborhood between downtown and Hubbard park. 9% cap rate with room for increases in rents makes this an attractive investment. Tenants pay heat and electricity. Entirely updated electrical and recent updates make this a low maintenance solid investment. Super easy to rent these great units with quick walk to downtown and Hubbard park, yet tucked away on a quiet street. Owner went through and updated each apartment in the building as they became available over the past 14 years. Every piece of electrical replaced in that period and most of the plumbing. Extra time and care was given to updates with an eye towards quality, low maintenance and longevity. Enormous parking area gives the tenants much sought after off street parking. More than 1 unblocked parking spot per bedroom with a back yard and front yard. All the roofs other than the very upper roof have been replaced. Insulation and weatherization have been improved throughout. Pride of ownership is evident throughout this multi family. Seller is also the listing agent, a licensed real estate agent in the state of Vermont. Extremely limited assisted showing windows available. Showings 12pm to 2pm on Friday 12/6 and Monday 12/9. Property is smoke free, and mostly pet free. No cats or dogs. Super low maintenance yet attractive siding. Make an appointment as this one won't last.

Details

Mls5022765
Listing TypeFor Sale
SubtypeResale
Status(10) Active - Active
Year1878
Days On Site21
Listing Provided ByEXP Realty | JC Earle

Features

Sq Feet5,980
BasementY
Storys3
Units7
ZoningResidential 3000
Acreage0.25

Market Activity 05602



Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Request A Showing

Request A Showing

Loading Form
Listings Checked: 2 minutes ago
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:
$795,000
low | high
Med:
$473,500
90.440251572327% of Average
SqFt:
5,980
low | high
Med:
4,629
72.600334448161% of Average
$ / SqFt:
$133
low | high
Med:
$114
64.259995360405% of Average
On Site:
21
low | high
Med:
78.500000
26.751592356688% of Average
Sourced by Back At You
Listing Updated: December 11, 2024 at 1:52:12 PM PST