Homes for sale - 7 Winter ST, Montpelier, VT 05602

Additional details

Alan Larrabee

alan@alanlarrabeere.com +1(603) 400-6379

Listed by JC Earle • EXP Realty • Cell: 802-485-9900

$795,000

Est. payment - /mo

9 Beds

7 Baths

4,700 SqFt

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UPDATED:

12/02/2024 06:16 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,700 sqft

Price per Sqft $169

MLS Listing ID 5022765

Bedrooms 9

Full Baths 7

Construction Status Existing

Year Built 1878

Annual Tax Amount $14,835

Tax Year 2024

Lot Size 10,890 Sqft

Acres 0.25

Property Description

Well maintained 7 Unit building in sought after "Meadows" neighborhood between downtown and Hubbard park. 9% cap rate with room for increases in rents makes this an attractive investment. Tenants pay heat and electricity. Entirely updated electrical and recent updates make this a low maintenance solid investment. Super easy to rent these great units with quick walk to downtown and Hubbard park, yet tucked away on a quiet street. Owner went through and updated each apartment in the building as they became available over the past 14 years. Every piece of electrical replaced in that period and most of the plumbing. Extra time and care was given to updates with an eye towards quality, low maintenance and longevity. Enormous parking area gives the tenants much sought after off street parking. More than 1 unblocked parking spot per bedroom with a back yard and front yard. All the roofs other than the very upper roof have been replaced. Insulation and weatherization have been improved throughout. Pride of ownership is evident throughout this multi family. Seller is also the listing agent, a licensed real estate agent in the state of Vermont. Extremely limited assisted showing windows available. Showings 12pm to 2pm on Friday 12/6 and Monday 12/9. Property is smoke free, and mostly pet free. No cats or dogs. Super low maintenance yet attractive siding. Make an appointment as this one won't last.

Location

State VT

County Vt-washington

Area Vt-Washington

Zoning Residential 3000

Rooms

Basement Entrance Walk-up

Basement Concrete Floor, Unfinished

Interior

Cooling None

Exterior

Utilities Available Cable, Gas - LP/Bottle, Multi Phone Lines, Telephone Available

Roof Type Corrugated,Membrane,Shingle - Asphalt

Building

Story 3

Foundation Fieldstone

Sewer Public

Construction Status Existing

Schools

Elementary Schools Union Elementary School

Middle Schools Main Street Middle School

High Schools Montpelier High School

School District Montpelier School District

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Alan Larrabee

+1(603) 400-6379

Broker | NHNH 071830, MA 83401

Broker NHNH 071830, MA 83401

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7 Winter ST Montpelier, VT 05602

Alan Larrabee

Key Details

Location

Rooms

Interior

Exterior

Building

Schools