Montpelier VT Real Estate

Montpelier VT DowntownMontpelier, Vermont real estate provides residents with the opportunity to live in a small town with big city amenities. You’ll find a variety of properties in Montpelier including an abundance of historic homes as well as some more modern architecture. Residents take pride in the appearance and preservation of downtown and the surrounding open spaces in Vermont's capital city. Hubbard Park’s wooded hillsides and miles of easy hiking trails are tucked just behind the golden dome of the capital building. Learn more about Montpelier!

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10 Dunpatrick Circle Montpelier VT 05602

Price$289,900

Est. Mortgage: $/month

MLS Number 4769683

  • Residential Single Family
  • Bedrooms 4
  • Bathroom 2
  • Construction Existing

At the top of a quiet street, this home enjoys a wonderful south facing setting. A great in-town location with wooded hillside behind this home. Lovingly maintained by its current owners since 1979. A wood shake exterior and standing seam metal roof. Inside the open design living room, dining area and kitchen have hardwood and tile flooring. The kitchen has maple cabinetry and stainless steel appliances. At the end of the kitchen the dining area opens out to a delightful rear deck. Three large double hung windows drink in the sunshine and create a most appealing living room. Also on the main level are three bedrooms. The master bedroom has a n attached private half bathroom. On the lower level a large recreation room has tile flooring, a wall of built-in cabinetry and bookcases. A gas fireplace on a hearth is in this room. In addition, a fourth bedroom or study, laundry room, and storage room are conveniently located. A freestanding oversized one-car garage offers extra storage as well.

Listed by Tim Heney of Heney Realtors/Montpelier

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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110 Ledgewood Terrace Montpelier VT 05602

Price$399,000

Est. Mortgage: $/month

MLS Number 4769587

  • Residential Single Family
  • Bedrooms 4
  • Bathroom 3
  • Construction Existing

Well-maintained, landscaped 1.36 acres. Lovely curb appeal. Mud room. Open, bright, vaulted-ceiling great room. 4 BR (3 upper level, 1 main level w/ensuite bath). 2.5 BA. Kitchen: eat-in counter & pantry closet. Large finished, carpeted, walkout lower level: 2 rooms, 2 closets, plumbed for 3rd bath, could be in-law apartment w/ private entrance & patio. House piped for central vac. Also LL: Washer/drier, Buderus propane boiler - hot water baseboard delivery. Bonus 24x24 finished, carpeted, heated (programmable thermostat) loft over 2-car garage (play space for kids, office for adults). Backs up to conservation land with trails, pond. Five wrap-around decks, hot tub included. Much storage area. Walk 1.25 mi to downtown, 8-house neighborhood on cul-de-sac. Pre-approved buyers only please.

Listed by Jason Saphire of www.EntryOnly.com

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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102 110 Northfield Montpelier VT 05602

MLS Number 4769405

  • Multifamily Multi-Family
  • Square Feet 4,377
  • Units 11
  • Bathroom 11
  • Acreage 56

With 11 residential rental units in two structures plus an old barn and 56+/- acres in Montpelier. This property has frontage on Northfield Street, at the end of Pleasant Street and also on Hill Street. The current driveway access from Northfield Street includes a right-of-way across the front of 92 Northfield Street. The neighbors at 92 Northfield Street in-turn have right-of-way access across this property to access their residence. A right-of-way access is 50' wide through the Gould apartments property along with southern border of this property. The property includes lovely old high meadow. The front 3+/- acre portion which includes the apartment buildings and barn are within the Design Review District and is zoned Residential 9000. The majority of this property is Zoned Rural.

Listed by Tim Heney of Heney Realtors/Montpelier

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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107 Freedom Montpelier VT 05602

Price$185,000

Est. Mortgage: $/month

MLS Number 4768470

  • Condo
  • Bedrooms 2
  • Bathroom 1
  • Year Built 1987

Enjoy convenient, single-level condo living in this 2-bedroom Montpelier home! This home is move-in ready with recent updates including fresh paint throughout, a new sliding glass door, and 2 new front windows in spring 2019. The easy, open layout flows nicely from the cozy living room into the bright dining area and kitchen with center counter top and cabinets for extra storage and work space. You'll love relaxing out on the back deck with views of Camels Hump and access to the nicely landscaped backyard. The association includes regular maintenance and a shared heated pool for you to enjoy. Great location just half a mile from downtown Montpelier, 5 minutes to I-89, and minutes to shopping, dining, and entertainment.

Listed by The Malley Group of KW Vermont

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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231 Main Street Montpelier VT 05602

Price$275,000

Est. Mortgage: $/month

Active With Contract

MLS Number 4768198

  • Residential Single Family
  • Bedrooms 3
  • Bathroom 3
  • Construction Existing

Unique opportunity on the outskirts of downtown with an updated home on more than half an acre of private land abutting forested property. This three bedroom, 2 1/2 bath multi level 1,700+ square foot ranch in the front/cape in the back open floor plan home is a short walk to the schools and downtown. A new tamarack deck is accessed from a new sliding glass door in the dining area and overlooks an expansive back yard. The walk out basement could be a game room with plenty of storage and a half bathroom. There is a wood stove for supplemental heat. The first floor includes the kitchen (with a gas range), dining area, living room, family room, bedroom and full bathroom. The 1998 renovation added the second floor that includes two bedrooms, full bathroom with a large soaking tub, and more storage. Hardwood and tile flooring for easy cleaning. Showings begin Saturday, August 3, 2019

Listed by Martha Lange of Century 21 Jack Associates

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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77 Hill Street Montpelier VT 05602

Price$210,000

Est. Mortgage: $/month

MLS Number 4767928

  • Residential Single Family
  • Bedrooms 3
  • Bathroom 1
  • Construction Existing

Charming, affordable home within walking distance to downtown Montpelier. This home has lots of character with wood flooring, master bedroom with cathedral ceiling and beautiful views of the Winooski River. Relax on the back porch in the summer or inside by the efficient, economical pellet stove in the winter!

Listed by Yves Bradley of Pomerleau Real Estate

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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11 Ridge Street Montpelier VT 05602

Price$235,000

Est. Mortgage: $/month

MLS Number 4767951

  • Residential Single Family
  • Bedrooms 2
  • Bathroom 1
  • Construction Existing

This classic home is a two minute walk to College Street and five minute walk to downtown Montpelier. On the main floor are two spacious bedrooms, remodeled bathroom, both a living room and family room along with an eat-in kitchen. The lower walkout level contains a large laundry room, utility room and also a large unfinished room for hobbies or projects. With a standing seam roof, very attractive cedar shake siding, partially covered wrap around deck and one car garage.

Listed by Doug Denison of Heney Realtors/Barre

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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11 Vine Montpelier VT 05602

Price$329,000

Est. Mortgage: $/month

MLS Number 4766791

  • Multifamily Multi-Family
  • Square Feet 2,508
  • Units 2
  • Bathroom 2
  • Acreage 0.17

This well maintained home is in a very nice neighborhood. The owners have taken pride in keeping their home in great condition while residing here for 49 years! Separate two bedroom apartment on two floors with a new kitchen, living room and laundry on the first floor. Has a very nice covered side porch to enjoy the outdoors. The main house has three bedrooms and a finished space that could be used as an office or den. The first floor includes the kitchen, dining room with electric fireplace and living room with decorative fireplace. Very nice fenced backyard for privacy. Recent updates include a new furnace, chimney, roof and windows. Basement is unfinished and has fully insulated walls.

Listed by Doug Denison of Heney Realtors/Barre

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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52 Prospect Montpelier VT 05602

Price$375,000

Est. Mortgage: $/month

MLS Number 4766095

  • Multifamily Multi-Family
  • Square Feet 2,772
  • Units 4
  • Bathroom 4
  • Acreage 0.13

Affordable 4 unit investment property in Montpelier! Start or continue to build your rental investment portfolio in an excellent rental market that doesn't have multifamily units in this price range often. Private street that is only a few minutes walk to the downtown with views of the city. Units rent extremely quickly. Coin Operated shared laundry for the tenants. One unit on each floor with one off street parking spot for each unit. Units 3 & 4 had complete cosmetic renovations in the past 4 years. Units 1 & 2 are in very good shape as well. Fully occupied and producing stable income. Seller is a licensed real estate agent in Vermont and is selling to focus their investment area. Great cash flowing property for the savvy investor. Also listed is MLS#:4766115, a 3 unit building in Plainfield, ten minutes away. Significant cash flow for that property as well and Seller would prefer to sell as a package deal.

Listed by Graham Mink of Stowe Area Realty LLC

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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182 Berlin Street Montpelier VT 05602

Price$199,000

Est. Mortgage: $/month

Active With Contract

MLS Number 4763954

  • Residential Single Family
  • Bedrooms 2
  • Bathroom 1
  • Construction Existing

Great Montpelier location walking distance to downtown and all its amenities. This lovely cape-style home has a beautiful back deck and gently sloping then leveling off huge yard. Plenty of room for summer or winter fun and gardening. Inside you will fall in love with the kitchen posting black granite counter tops white cabinets and top-of-the-line new appliances. Hardwood flooring throughout including natural woodwork. Paved driveway and full usable basement are added bonuses. Better check this one out quick it won't last long.

Listed by Joanie Keating of C-21 Jack Associates - Waterbury

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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35 Hebert Montpelier VT 05602

MLS Number 4763419

  • Condo
  • Bedrooms 3
  • Bathroom 3
  • Complex Stonewall Meadows
  • Year Built 1988

Must see three bedroom, three bath condominium minutes from downtown Montpelier. Peaceful, comfortable country like living awaits you at this charming multi-level home. The main level features a well appointed, windowed kitchen which opens to a large living/dining room. There is a storage closet and 1/2 bathroom on this level as well. Upstairs there are three spacious bedrooms and a large full bath. Master connects to 2nd Bedroom with french doors. The lower level family room has a 3/4 bathroom and opens onto a large private deck. New boiler. Detached one-car garage. Ideally located minutes to downtown Montpelier, Central Vermont Medical Center, I-89, Barre or Montpelier.

Listed by Michael Calcagni of Heney Realtors/Montpelier

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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203 Barre Montpelier VT 05602

MLS Number 4763193

  • Commercial
  • Year Built 1900
  • Acreage 0.03

Great opportunity to open a business on the first floor while living upstairs in the 3-bedroom apartment. The property previously was a convenience store and deli. High visibility with lots of traffic. It is within walking distance to Downtown Montpelier.

Listed by Matt Lumsden of Matt Lumsden Real Estate

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$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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247 Grandview Terrace Montpelier VT 05602

Price$354,900

Est. Mortgage: $/month

Active With Contract

MLS Number 4762938

  • Residential Single Family
  • Bedrooms 4
  • Bathroom 3
  • Construction Existing

In Montpelier's Towne Hill neighborhood. This solid home enjoys a lovely setting with a stonewall across the rear of the lot, perennial gardens, and a private back yard. A large living room with double windows to take in the sun and the view opens to the dining room. Access to the rear deck and to a south facing sunroom/greenhouse space are immediately off the dining room. You will love the kitchen with granite countertops and Danby marble backsplashes, a large pantry closet and cork flooring. Also on the main level you will find an updated bathroom and three bedrooms. One of these being the master bedroom located in a quiet rear corner of the home with its own en suite .75 bathroom. Updated solid doors and hardwood flooring are throughout the first floor. Downstairs the family room has a hearth and handsome gas fired stove. In addition, a fourth bedroom or den, a .75 bathroom and laundry. The connected garage allows convenient direct entry. A boiler room is separated from the garage and houses the efficient oil hot water heating system. This home is one that you will want to make your own.

Listed by Tim Heney of Heney Realtors/Montpelier

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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Towne Hill Montpelier VT 05602

Price$82,500

Est. Mortgage: $/month

MLS Number 4761638

  • Land
  • Acreage 0.4
  • Zoning Res 24000

On Montpelier's Towne Hill Road, this .4 acre lot is reasonably level, southern exposure and has some great old boundary trees. Public water and sewer are available as well as phone, power and cable. A rare Capital City building lot! Enjoy the creative process of building your dream home. A shared driveway access off the street allows flexibility in siting your new home. The curb cut and a shared portion of the driveway for the home next door at 80 Towne Hill Road is the access to this site.

Listed by Tim Heney of Heney Realtors/Montpelier

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$
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$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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381 Hill Street Montpelier VT 05602

Price$285,000

Est. Mortgage: $/month

MLS Number 4761797

  • Residential Single Family
  • Bedrooms 5
  • Bathroom 2
  • Construction Existing

Enjoy the convenience of Country living and yet being only one mile from the State Capital. This lovely farmhouse boasts 5 bedrooms and 2 bathrooms. This home offers both a living room and bonus family room. Enjoy your morning coffee on the covered, wrap-around porch. Close to public transportation. Only minutes to local restaurants, shopping and I-89.

Listed by Kevin Copeland of William Raveis Barre

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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214 River Montpelier VT 05602

MLS Number 4761094

  • Commercial
  • Year Built 1900
  • Acreage 2
  • Lease $12

Here's an opportunity to slide into a longtime, very successful restaurant in Montpelier - in operation for over 35 years. 4000/SF dining room with seating for 125 and 55 parking spaces, a 2500/SF back of the house with full kitchen including two walk in coolers, hood & ansul system, stove(s) sink(s), loading dock and everything you need to run a restaurant of major proportion. The cost to start this operation would be a major expense and it's all here to work for you staring day one. There is also 3500/SF of cold storage available in the back of the building at a rate of $5/SF plus utilities.

Listed by Tony Shaw of KW Vermont

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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2 Peck Place Montpelier VT 05602

Price$279,000

Est. Mortgage: $/month

MLS Number 4760090

  • Residential Single Family
  • Bedrooms 4
  • Bathroom 2
  • Construction Existing

If this home were any closer to downtown Montpelier, you wouldn't be able to park in front of it! Located just seconds away from the library, downtown shops and restaurants, as well as the elementary and middle school, you can finally unchain yourself from your car. Think of how much happier and healthier you'll be walking to school and on errands. The corner lot, surrounded by a white picket fence, is currently home to a backyard chicken coop, and some of the best soil (amended and improved over the years) for raised bed gardening. The house is a classic, older Montpelier home with an open, eat-in kitchen, and a large living room with a new wood stove. The kitchen is perfect during the winter, but you'll likely be having summertime meals in the enclosed porch, known as the “summer kitchen”. Currently there are five bedrooms, but some of them have been partitioned, and the house could easily be a three or a four bedroom, depending on your needs. You'll love the carport and the enormous mudroom / walk-in pantry, and the beautiful landscaping surrounding the deck as well. Updates include oil tank, electric, hot air furnace, insulation and weatherizing, and the wood stove. Homes like these, in this location are a rare bird in Montpelier.

Listed by Raymond Mikus of Green Light Real Estate

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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186 Sherwood Drive Montpelier VT 05602

Price$223,000

Est. Mortgage: $/month

Active With Contract

MLS Number 4759460

  • Residential Single Family
  • Bedrooms 3
  • Bathroom 1
  • Construction Existing

Location, Location! Easy access for commuters, near a variety of services, grocery stores, department stores, restaurants and to the UVM Medical Center. This charming home and setting offers an updated kitchen with new appliances, living room, dining room with new carpet, three bedrooms, an updated sink and vanity in the bathroom with a main floor laundry area plus a lovely and bright three season porch! Bring your ideas and finish the walk out basement for even more living space! A single car garage, an exterior 12' x 10' equipment shed, fenced in yard with a stream, blooming lilacs and perennials surround this home with plenty of room to roam!

Listed by Karen Hamblin and Tom Mowatt of Four Seasons Sotheby's Int'l Realty

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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23 Harrison Avenue Montpelier VT 05602

Price$298,800

Est. Mortgage: $/month

MLS Number 4759379

  • Residential Single Family
  • Bedrooms 4
  • Bathroom 2
  • Construction Existing

A little bit of country in the city. In a quiet, well established neighborhood, this house sits on a large lot with a very private back yard and a deck looking onto a lovely wooded area. It is conveniently located with easy access to the elementary and middle schools, and all of downtown Montpelier. On the first floor there is a living room with hardwood floors and a pellet stove, kitchen and dining area, two bedrooms and a bathroom, plus a laundry/mudroom with a door opening to an attached carport. The second floor, a possible master suite, has a big den with cathedral ceiling and skylights, a second bathroom with a jetted tub and separate shower, and two more bedrooms. A detached garage provides extra storage. The house also has blown in insulation in all the attics and foam in the basement and crawl space.

Listed by Tim Heney of Heney Realtors/Montpelier

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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45 Grout Road Montpelier VT 05602

Price$309,900

Est. Mortgage: $/month

MLS Number 4758969

  • Residential Single Family
  • Bedrooms 3
  • Bathroom 2
  • Construction Existing

Enjoy this amazing setting at the end of a private lane with views of the North Branch River, with a country feeling in Montpelier. Built in the 1890's and completely restored in the 1980's with a new poured concrete foundation and updated systems. The main level features a large eat-in kitchen with stainless steel appliances, an open living room, and full bath. Upstairs are three bedrooms and a second bathroom. The attached two-car garage is most convenient.

Listed by Tim Heney of Heney Realtors/Montpelier

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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15 River Street Montpelier VT 05602

Price$349,000

Est. Mortgage: $/month

MLS Number 4757460

  • Residential Single Family
  • Bedrooms 4
  • Bathroom 3
  • Construction Existing

Lovingly maintained and updated vintage Montpelier home with natural woodworking and lovely flooring throughout. Walkable to downtown and easy access to I89. All three floors are cheerfully bright. First floor living offers home office space and after a hard day's work, escape to the 3rd floor master suite with an Italian tiled walk-in shower. Many updated appliances with service plans. Enjoy laid back spring/summer/fall days and evenings on the landscaped stone patio. The terraced walkway leads to two open and sunny lots - perfect for gardening. Easy access off of Berlin St. Ample parking means family and friends are welcome! This is a quintessential Montpelier gem.

Listed by Theresa Murray-Clasen of Coldwell Banker Classic Properties

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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5 Kemp Avenue Montpelier VT 05602

Price$329,900

Est. Mortgage: $/month

Pending

MLS Number 4756349

  • Residential Single Family
  • Bedrooms 2
  • Bathroom 2
  • Construction Existing

This beautifully maintained home sits on a quiet corner lot near the College Green. Gleaming hardwood floors throughout the house, high ceilings, built in bookshelves and all the original charm of a home built in the 1928. A convenient mudroom leads into the kitchen with gorgeous cherry cabinetry and stainless steel appliances. The formal dining has two built in china cabinets. The living room has a classic brick fireplace with a Jotul gas insert for cozy winter evenings. French doors in the living room lead to the sweet covered porch for al fresco dining. Two spacious bedrooms are upstairs and the master bedroom has a sitting area and three closets. The huge full bathroom has a beautiful vintage porcelain sink and a deep claw foot bath tub and separate shower. The basement has a half bath, the laundry and a bulkhead. The yard is level with lots of areas for gardening or playing ball. An attractive fence, perennials and stone landscaping add to amazing curb appeal. Walking distance to schools, restaurants, library, etc.

Listed by Sue Aldrich of Coldwell Banker Classic Properties

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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108 East State Montpelier VT 05602

Price$619,500

Est. Mortgage: $/month

MLS Number 4755857

  • Multifamily Multi-Family
  • Square Feet 4,250
  • Units 4
  • Acreage 0.25

Originally a historic carriage house, this 4-unit property is ALL modern on the inside. Completely renovated in 2012 there's nothing that's not new. New electric, new plumbing (even a sprinkler system), new water heater, new individual Rinnai heaters, new appliances…new new new! With high end finishes comes high end rentals. This is an investors dream. Manage this property yourself with ease for maximum income, or even pick a unit to live in and rent out the rest. The back decks look out onto roughly 8 acres of undeveloped woods and the front looks out onto the College Green. There's no sweeter spot. But don't take my word for it, come and see for yourself! List Agent is related to sellers.

Listed by Hannah Dawson of Green Light Real Estate

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Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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235 Elm Montpelier VT 05602

Price$649,000

Est. Mortgage: $/month

MLS Number 4755808

  • Multifamily Multi-Family
  • Square Feet 4,624
  • Units 8
  • Acreage 0.16

Yes, you're reading that right, 8 units in Montpelier all under one (new 2018) roof! Right on the North Branch River (but not in the flood zone) and a stone's throw from town, this location means one thing, EASY to rent. But don't take my word for it, look at the facts. This 8-unit cash cow has a history of nearly 0% vacancy over the last fifteen years and annual rentals totaling over $85,000. If you've been looking for a good investment opportunity, here it is! It doesn't get much better than this. So you can keep track, there are two 2-bedroom units, three 1-bedroom units, two studios and an efficiency. Recent comparable sales: 156 Elm Street (4 Unit; Sold at 6.09% Cap Rate). 59 College Street (3 Unit; Sold at 5.6% Cap Rate). At $649,000 asking price this property is a 6.8% Cap Rate. Many units due for a rent increase, which would easily push the Cap Rate above 7%. Factor in appreciation and reduction in principal overtime and you'll enjoy a substantial and stable return. Can be purchased as part of a portfolio with 106 and 108 East State Street MLS#: 4755809/4755857. List Agent is related to sellers.

Listed by Hannah Dawson of Green Light Real Estate

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%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

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106 East State Montpelier VT 05602

Price$598,500

Est. Mortgage: $/month

MLS Number 4755809

  • Multifamily Multi-Family
  • Square Feet 4,100
  • Units 4
  • Acreage 0.28

This grand Victorian is in an unbeatable and exclusive location right on the College Green. Converted into 4 unique rental units, each unit has its own porch or balcony space, one even has views of Camel's Hump. Keep all of the units rented out for maximum income or easily convert back into a single family home and enjoy the Tiger oak woodwork, wrap-around front porch, and garden space all to yourself. Better yet, live in whatever space makes sense and rent out the rest! Investment and living options abound. This historic home is a Montpelier must-have with tremendous possibilities. List Agent is related to sellers.

Listed by Hannah Dawson of Green Light Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 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.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

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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 August 17, 2019.