Montpelier Multi Family Homes for Sale

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52-68 Northfield Street Montpelier VT 05602
Active With Contract

MLS Number 4868060

  • Multifamily
  • Units 9
  • Bathroom 9
  • Acreage 3.39
  • Square Feet 9,241

Nine good units, with plenty of parking in the heart of Montpelier. This multifamily package consists of three buildings and two building lots. 52 has four one-bedroom units. Both upstairs units have access to the full attic. Landlord pays heat for 52. Additional living space or bedrooms? The downstairs units have access to the basement for storage. 56 has a 4-bedroom and two 2-bedroom units. The 2-bedroom units were completely redone by Clar Construction in the past few years, including wood floors, new kitchens, bathrooms, heat pumps, everything. Please note that the current owner has structured such that one of the 2-bedrooms in 56 works as the "super" in exchange for rent and utilities. Tenants (except the super) pay heat and electricity for 56. 68 has two 3-bedroom units, each with access to the full attic and basement. Tenants pay heat and electricity in 68. These units are easy to rent. The property is, and usually is, fully rented. Many long term tenants, including some who have been there for 20 years or more. The buildings are in differing condition. A couple units in 52 could benefit from updating, but the rest are fine/very good. Rents have not been raised in a couple years, opportunity to increase rents throughout, even more so if rooms are added. Also included are two adjacent lots. More multis? Storage? Single family? Being offered as a package. Serious inquiries only. See attachments for financial details.

Listed by Ray Mikus of Green Light Real Estate

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$/month over payments
Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
* 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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63 Barre Street Montpelier VT 05602

Montpelier, VT63 Barre Street

Price$599,000

Est. Mortgage: $/month

MLS Number 4891323

  • Multifamily
  • Units 1
  • Acreage 0.31
  • Square Feet 4,137

This property represents a great investment opportunity right in the heart of Montpelier! Within walking distance of all city amenities, this building is ADA accessible and completely renovated to preserve its historic character. A total rehab of the building was completed when the current owners purchased the property, which took over a year to finish and includes considerable investment into making the barn a fully furnished space with radiant heat flooring. This 4,200 square foot building is fully insulated. With thirteen parking spaces and commercial zoning, it is an ideal place for a dentist office, law firm, or company office space. All aspects of the building were renovated and brought up to code, including electrical upgrades and wiring the building for four units, plumbing for four units, hydronic heating systems, new roof, reinforced and insulated foundation and basement, new boiler, updated fire alarm and sprinkler system, new water line, new insulation, interior ramp for ADA compliance (fully removable), saving the dilapidated barn, and installing leveled plywood through most of the main house first floor by carefully screwing down to the existing original pine floor system to allow future owners the opportunity to have access to the original pine floors. For the highest value, this property could be turned into a four unit multi-family. Properties don't go on the market in this location and of this value very often, so don't miss this rare opportunity.

Listed by Krista Harness of Green Light Real Estate

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$
%
$/month over payments
Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
* 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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96 Terrace Street Montpelier VT 05602

Montpelier, VT96 Terrace Street

Price$549,900

Est. Mortgage: $/month

MLS Number 4883589

  • Multifamily
  • Units 2
  • Bathroom 3
  • Acreage 0.73
  • Square Feet 2,730

Mansion in the mountains with BEAUTIFUL views. It has a magical view of the leaves changing colors, mountains in the background and deer on the front lawn. The great quality custom made main house has 3 beds and 2 1/2 baths. Featuring a private bathroom in master bed with walk in shower. The main bathroom has custom made stain glass light fixtures, double sinks and a glass tub enclosure. The kitchen has a new stainless fridge with ice and water, a new stainless convection oven, a new over the range stainless microwave with fan. Newly refinished counter tops and custom real wood kitchen cabinets. The house features an open design with lots of windows and natural light. There is an oil furnace with baseboard heat. Dining room with chandelier, large living room with fire place and a large room/den/office with hardwood floors, large stained glass window and large air conditioner. It would be a great room for working from home. Central vac. Laundry room with washer, dryer and 1/2 bath for pool users. A 32x32 fenced in newly painted custom made in-ground pool with beautiful landscaping. Heated 2 car garage with door opener. Large shed. Area in back for garden or playground. It also has a 1 bed 1 bath Mother in law apartment with sperate electric and a sperate entrance located in the basement. It features a large bedroom with a fire place. The living room has a custom brick bar. The kitchen has a fridge, stove, over the range microwave, dish washer. Was rented for $850 month.

Listed by Jason Saphire of www.EntryOnly.com

$
$
%
$/month over payments
Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
* 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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6&8 Cedar Street Montpelier VT 05602

Montpelier, VT6&8 Cedar Street

Price$498,000

Est. Mortgage: $/month

Active With Contract

MLS Number 4887830

  • Multifamily
  • Units 4
  • Bathroom 4
  • Acreage 0.14
  • Square Feet 2,286

Classic elegance with four residential apartments in the heart of Montpelier. Two 1-bedroom units and two 2-bedroom units with twin A-dormers, covered porch entry, lots of windows, slate and standing seam metal roofing and turn of the century details throughout. Plenty of opportunity to upgrade units and increase rental income. A separate carriage house has two garage bays and storage above. This offers potential to create an additional apartment. Zoned Urban Center3. The yard is level and offers ample onsite parking. Ideal for an investor seeking a quality property to expand their portfolio or for an owner who wishes to live in one unit and enjoy the benefits of rental income. Close to downtown shops, restaurants, Kellogg Hubbard Library and schools. An exceptional property that you will be pleased to own.

Listed by Timothy Heney of Heney Realtors/Montpelier

$
$
%
$/month over payments
Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
* 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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150 Elm Street Montpelier VT 05602

Montpelier, VT150 Elm Street

Price$398,000

Est. Mortgage: $/month

MLS Number 4877103

  • Multifamily
  • Units 3
  • Bathroom 3
  • Acreage 0.23
  • Square Feet 3,300

Amazing Opportunity for owner occupied and investors- this 3,300+/- square foot building offers 3 units. Potential for expansion with partially finished 3rd story. The lot is level. A gravel driveway to the rear portion of the land provides access to parking. Centrally located and zoned mixed use residential, this solid investment opportunity will not be available long. Don't miss this great opportunity!

Listed by Brian Armstrong and Cole Elwood of KW Vermont

$
$
%
$/month over payments
Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
* 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 Main Street Montpelier VT 05602

Montpelier, VT182 Main Street

Price$310,000

Est. Mortgage: $/month

MLS Number 4892178

  • Multifamily
  • Units 2
  • Bathroom 1
  • Acreage 0.1
  • Square Feet 2,284

Looking for a great investment property or owner occupied? This well maintained 2 unit property located near Main Street Middle School maybe what you are looking for. Currently consisting of a 3 bedroom unit and a 1 bedroom unit, this property could easily be configured to accommodate two, 2 bedroom units. New furnace and exterior paint 2021. Just a short distance from downtown Montpelier. Tenant in Apt 2 works from home and will be in Apt during showings. Key for Apt 1 is in Electronic Key box.

Listed by Richard Ibey of William Raveis Barre

$
$
%
$/month over payments
Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
* 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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279 River Street Montpelier VT 05602

Montpelier, VT279 River Street

Price$269,000

Est. Mortgage: $/month

Active With Contract

MLS Number 4880282

  • Multifamily
  • Units 3
  • Bathroom 3
  • Acreage 0.61
  • Square Feet 2,202

Solid Montpelier three-unit on the market! Consists of three floors of apartments. The first floor is a nicely updated two bedroom unit. Second floor is also nicely updated, and also two bedrooms. The third floor is a one bedroom unit with a long term tenant. It's a good unit, just hasn't been updated quite as recently. Tenants pay their own heat. Unit 3 pays its own electric, Units 1 and 2 share a meter and electric is included. The expensive investments have been made to this building already including vinyl siding, replacement windows, architectural shingle roof, spray foam in basement, electrical, and more. Off-street parking in back. Gross rents are $26,700 with over $16,000 in net operating income. Easy access to downtown Montpelier, Barre, shopping/restaurants along the Barre-Montpelier Road, Berlin Corners, 89, and the hospital. Operating expenses in listing includes property taxes.

Listed by Ray Mikus of Green Light Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
* 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 Street Montpelier VT 05602

Montpelier, VT203 Barre Street

Price$269,000

Est. Mortgage: $/month

Pending

MLS Number 4884777

  • Multifamily
  • Units 2
  • Bathroom 1
  • Acreage 0.03
  • Square Feet 3,280

Great investment opportunity near downtown Montpelier. Possible 1-2 bedroom on first floor with renovations and 4 bedroom apartment upstairs. 1 block away for public parking lot. Trails nearby and shopping at Hunger Mt. Coop.

Listed by Tina Golon of BHHS Vermont Realty Group/Waterbury

$
$
%
$/month over payments
Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
* 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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Hebert Road Montpelier VT 05602

Montpelier, VTHebert Road

Price$250,000

Est. Mortgage: $/month

Active With Contract

MLS Number 4861015

  • Multifamily
  • Units 24
  • Acreage 8
  • Utilities Other

Development rights to construct 24 units in Montpelier in a very desirable area. 12 units were built in the early 90's and 24 units remain to be built. Call for permit status. Span # for just the units are not known as this parcel doesn't show up on the city tax map as separate from a recreation easement area. Book & page are partial information for how the parcel's development rights were obtained. Other deeds may be relevant. Square footage, garage, # bedroom units, etc are not accurate but are mandatory fields.

Listed by James Fecteau of Fecteau Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
* 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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Copyright 2021 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 December 6, 2021.