281-285 River StreetMontpelier, VT 05602MLS Number 4681984

  • Price: $425,000
  • 426 Days on Market
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Federal 30-year interest rate: 4.07% last updated on May 16, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 5.86Acreage
  • 1900Year Built
  • 4,965Square Feet
Heney Realtors, Montpelier Office
Heney Realtors, Montpelier Office
Office: 802-229-0345
81 Main Street
Montpelier, VT 05602
Listed by Michelle Hebert of William Raveis Barre

Rare opportunity to own a Montpelier commercial property on a 5.86 acre parcel. Conveniently located at the junction of Route 2 and Route 302. The property has three separate buildings with 7 rental units and potential for 8 more. One building contains 6 apartments; two 2-bedroom units, three efficiency units and one 1-bedroom unit. There is also a 2-bedroom cottage. The units in both of these buildings are currently occupied. The third building needs extensive renovation, is vacant and contains 8 efficiency units. The 6 unit building and the cottage have had significant upgrades and new roofs in 2010 and 2011. Buyers use your imagination. There is so much potential here! The seller is a licensed Vermont real estate agent.

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More Info

Basic Information

  • StatusACT
  • Modification Date03/14/2019
  • TypeMulti-Family
  • List Price$425,000
  • Broker NameWilliam Raveis Barre
  • Listing Agent NameMichelle Hebert
  • Lister Office NameWilliam Raveis Barre
  • MLS Number4681984

Utilities

  • FuelGas - LP/Bottle, Oil
  • Heating CoolingBaseboard, Gas Heater
  • Phone CompanyXfinity

Location

  • Building Number281-285
  • StreetRiver
  • TownMontpelier
  • StateVT
  • Zip05602
  • CountyWashington

Property

  • Acreage5.86
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaCommercial Zoning, Near Golf Course, Near Shopping, Near Public Transportatn
  • Lot Sqft255,262
  • Road Frontage787

Other

  • View Count162

Building

  • Year Built1900
  • Vacancy7
  • ConstructionWood Frame
  • Units7
  • FoundationConcrete, Post/Piers, Slab - Concrete
  • Square Feet4,965
  • Available Sqft4,965
  • BasementConcrete Floor, Dirt Floor, Sump Pump, Unfinished

Exterior

  • ExteriorVinyl Siding, Wood Siding
  • RoofMetal, Shingle - Architectural

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Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 May 21, 2019.

 

 

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