281-285 River StreetMontpelier, VT 05602MLS Number 4682067

  • Price: $475,000
  • Est. Mortgage of $/month
  • 209 Days on Market
$
$
%
$/month over payments
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
  • Building ConstructionWood Frame
  • StyleApartment Building
  • Units7
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms2
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Floor Location2
  • Unit 2 Total Rooms5
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 Floor Location1
  • Unit 3 Total Rooms4
  • Unit 4 Bath1
  • Unit 4 Floor Location2
  • Unit 4 Total Rooms3
  • Unit 5 Baths1
  • Unit 5 Bedrooms1
  • Unit 6 Baths1
  • Unit 6 Bedrooms1
  • Unit 7 Baths1
  • # of 1 Bedrooms1
  • Unit 7 Bedrooms2
  • # of 2 Bedrooms3
  • BasementConcrete Floor, Dirt Floor, Sump Pump, Unfinished
  • FoundationConcrete, Post/Piers, Slab - Concrete

Basic Information

  • Date Listed03/22/2018
  • StatusACT
  • Property TypeMulti-Family
  • List Price$475,000
  • Agent NameHebert
  • Broker NameWilliam Raveis Barre
  • Date Price Change09/17/2018
  • MLS Number4682067

Exterior

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

Utilities

  • Heat FuelGas - LP/Bottle, Oil
  • Heat SystemBaseboard, Gas Heater
  • WaterPublic
  • Water HeaterOwned
  • ElectricCircuit Breaker(s)
  • SewerPublic

Other

  • Seasonal Y/NNo
  • bloggingNo
  • Page82-83
  • Book592
  • Delayed ShowingsNo
  • Number of Photos4
  • View Count78

Location

  • Building Number281-285
  • StreetRiver
  • TownMontpelier
  • StateVT
  • Zip05602
  • CountyWashington
  • Flood Zone Y/NNo

Property

  • Acreage5.86
  • Square Feet4965
  • APX Fin AG Sqft4965
  • Road Frontage787
  • RoadsPublic
  • Lot Description
    • Commercial Zoning
    • Near Golf Course
    • Near Public Transportatn Hilly
    • Near Shopping
    • Rental Complex
    • Sloping
Heney Realtors, Montpelier Office
Heney Realtors, Montpelier Office
Office: 802-229-0345
81 Main Street
Montpelier, VT 05602
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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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