281-285 River StreetMontpelier, VT 05602MLS Number 4681984

  • Price: $475,000
  • 209 Days on Market
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Federal 30-year interest rate: 4.9% last updated on Oct 11, 2018
* 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
  • 4965Square Feet

Driving Directions

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.

Listed by Michelle Hebert of William Raveis Barre

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More Info

Parking

  • Parking Spaces

Building

  • Year Built1900
  • Vacancy7
  • ConstructionWood Frame
  • Units7
  • FoundationConcrete, Post/Piers, Slab - Concrete
  • Square Feet4965
  • Available Sqft4965
  • BasementConcrete Floor, Dirt Floor, Sump Pump, Unfinished

Exterior

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

Photos

  • Number of Photos4

Basic Information

  • StatusACT
  • Date Listed2018-03-22T00:00:00
  • Modification Date09/17/2018
  • TypeMulti-Family
  • List Price$475,000
  • Agent NameHebert
  • 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

Other

  • bloggingNo
  • Book592
  • Page82-83
  • Delayed ShowingsNo
  • View Count49

Location

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

Property

  • Acreage5.86
  • Property TypeCommercial Sale
  • AreaCommercial Zoning, Near Golf Course, Near Shopping, Near Public Transportatn
  • Lot Sqft255262
  • Road Frontage787
  • SignageNone
Heney Realtors, Montpelier Office
Heney Realtors, Montpelier Office
Office: 802-229-0345
81 Main Street
Montpelier, VT 05602
Broker Reciprocity

Copyright 2018 Northern 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. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.

 

 

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