An amazing opportunity! Beautifully maintained fully furnished 10-unit apartment building a stone's throw from the center of down town Montpelier. Excellent rental history and exceptional maintenance practices. In the last ten years of ownership, exterior and all interiors have been painted, a new boiler installed, slate roof regularly monitored and addressed if needed, fiberglass insulation added through entire attic and all hardwood floors refinished. There are seven single bedroom apartments and three two-bedroom apartments. Seven of the ten units are fully furnished including all kitchen accessories. Unbeatable in location, a one-minute walk puts you in the heart of town surrounded by every convenience. Tenants enjoy a private off-street paved parking lot. There is six-bay detached garage that can be used for storage or utilized for additional income. Rarely does an investment as perfect and incredible as this come on the market in the middle of the capital city - don't miss it! The data sheet does not offer room to describe units 9 and 10. Both are on the third floor and offer two bedrooms and one full bath. One is furnished and one not. Utilities are included in the furnished apartment. Both rent for $1400/month
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listing Removed For Sale | $1,500,000 | $199 | New England Landmark Realty LTD | |
Listed For Sale | $1,500,000 | $199 | New England Landmark Realty LTD |
Elementary School Union Elementary School | 0.1 miles away | KG - 05 | |
Middle School Main Street School | 0.1 miles away | 06 - 08 | |
High School Montpelier High School | 0.7 miles away | 09 - 12 |