Multi-Family for Sale: 43 E State Street, Montpelier, VT 05602

5 beds
4 full baths
2,793 sqft
$649,000
$649,000
43 E State Street, Montpelier, VT 05602
5 beds
4 full baths
2,793 sqft
$649,000
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Price:
$649,000
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Type Multi-Family
Style Apartment Building
Beds 5
Total Baths 4 full baths
Square Feet 2,793 sqft
Lot Size 0.24 acres
Year Built 1877
Taxes Paid $10,608
City Montpelier
County Washington
School District Montpelier School District
MLS 5017370
Status Active
DOM 49 days
Exceptional opportunity to purchase a four unit multi family in the heart of downtown Montpelier! Completely renovated in 1984, including a poured concrete foundation and new electric and plumbing, this income producing property is ready for new ownership after over 40 years. Three of the four units have beautiful hardwood flooring throughout as well as assigned off street parking. Convenient to all amenities: public transportation, shopping, dining/bars, hospital and the I89 corridor. A perfect candidate for a 1031 exchange. This offering has been thoughtfully cared for over the decades and will be the perfect fit for the discerning investor.

Lot & Building Features

Appliances Water Heater – Electric
Utilities Gas - LP/Bottle
Construction Clapboard Exterior
Cooling None
Heating Gas Heater
Parking Description Assigned, Off Street
Sewer Public
Tax Year 2024
Taxes Paid $10,608
Water Public
Basement Description Interior Access, Unfinished, Stairs - Interior
Foundation Concrete
Lot Description City Lot, Sidewalks
Roof Membrane
Features Exterior Porch - Covered
Garage Yes

Community and Schools

Elementary School Union Elementary School
Junior High School Main Street Middle School
Senior High School Montpelier High School

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 1
Unit 1 Info Appliances Included, Smoke Detector, Refrigerator, Range - Electric, Heat Included, CO Detector
Unit 1 Lease Term Month to Month
Unit 1 Level Number 1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1250.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 3
Unit 1 Status Leased
Unit 1 Tenant Pays Electric
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Info Appliances Included, Washer, Refrigerator, Range - Electric, Porch, Heat Included, Dryer, Dishwasher
Unit 2 Lease Term Month to Month
Unit 2 Level Number 2
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 1750.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 4
Unit 2 Status Leased
Unit 2 Tenant Pays Electric
Unit 3 Baths 1
Unit 3 Bedrooms 1
Unit 3 Info Appliances Included, Smoke Detector, Refrigerator, Range - Electric, CO Detector
Unit 3 Lease Term Annual
Unit 3 Level Number 1
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 850.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 3
Unit 3 Status Leased
Unit 3 Tenant Pays Electric, Heat
Unit 4 Baths 1
Unit 4 Bedrooms 1
Unit 4 Info Appliances Included, Smoke Detector, Refrigerator, Range - Electric, CO Detector
Unit 4 Lease Term Annual
Unit 4 Level Number 2
Unit 4 Rental Agreement Yes
Unit 4 Rental Amount 900.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Rooms 3
Unit 4 Status Leased
Unit 4 Tenant Pays Electric, Heat

Price History of 43 E State Street, Montpelier, VT

Date Name Price Difference
10/04/2024 Listing Price $649,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Maha Krishnakumar
Direct: 978-430-6552
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Dome Real Estate Group LLC, Jeanne Felmly
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1.6346440677966%
6.75%
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43 E State Street (MLS #5017370) is a multi-family listing located in Montpelier, VT. This multi-family listing is 2,793 sqft and on a lot of 10,454 sqft (or 0.24 acres) with 5 bedrooms, 4 baths and is 147 years old. This property was listed on 10/04/2024 and has been priced for sale at $649,000.

Nearby zip codes are 05601, 05641, 05649, 05651 and 05682. This property neighbors other cities such as Barre Town, Berlin, East Montpelier, Middlesex and Orange.

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Listing information courtesy of: Dome Real Estate Group LLC

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, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/22/2024