Mad River Valley Real Estate
27 St Paul Street, Montpelier, VT
List Price: $388,500
Bedrooms:
Bathrooms: 0
Sq. Ft.: 3208
Acres: 0.1
Mad River Valley Real Estate
5513 Main St, Waitsfield, VT 05673
Phone: 802-496-5000
Email: info@mrvre.com
Website: www.mrvre.com
Property 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.
Property Details
Basic Information
- MLS Number:
- 4992563
- List Price:
- $388,500
- Bathrooms:
- 0
Location
- Street:
- St Paul Street
- Building Number:
- 27
- City:
- Montpelier
- State:
- VT
- Zip:
- 05602
- County:
- Washington
- School District:
- Montpelier School District
- Elementary School:
- Union Elementary School
- Middle School:
- Main Street Middle School
- High School:
- Montpelier High School
Property
- Acres:
- 0.10
- Lot Description:
- Sidewalks,
Street Lights
- Zoning:
- RESD 1
- Driveway:
- Paved
- Roads:
- Paved,
Public
- Road Frontage:
- 50
- Property Type:
- RI
Building
- Year Built:
- 1890
- Floors:
- Hardwood
- Basement:
- Interior
- Foundation:
- Stone w/ Skim Coating
- Style:
- Colonial
- Construction:
- Wood Frame
- Square Feet:
- 3208
Exterior
- Roof:
- Shingle - Asphalt
- Exterior:
- Porch - Covered,Storage
Utilities
- Electric:
- Circuit Breaker(s)
- Heating Fuel:
- Oil
- Cooling:
- None
- Sewer:
- Public
Legal
- Surveyed:
- Unknown
Amenities
- Garage Spaces:
- 2
Other
- Broker Name:
- BHHS Vermont Realty Group/Montpelier
- Agent Name:
- Martha Lange
- Office Phone:
- 802-223-6302
- Status:
- Active
- Latitude:
- 44.261416
- Longitude:
- -72.571035
Photos
Listed by Martha Lange of BHHS Vermont Realty Group/Montpelier
Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers; personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/3/2024.
Mortgage calculator source: iHomefinder. Schools info source: GreatSchools. WalkScore source: WalkScore. Market Report Source: iHomefinder with data from PrimeMLS, Inc.