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53 North Street, Montpelier, VT 05602

$395,000
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New to the Market Active
BEDS3 BATHS3 full SQUARE FEET15,116 MLS#5094269
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMontpelier

Listing Courtesy of: Coldwell Banker Hickok Boardman / E. Montpelier
Agency Contact: Cell: 802-272-3266
Associate Name: Kevin Casey
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Property Description

A rare offering: a well-maintained 3-unit apartment building situated close to downtown Montpelier, the middle school, the library, and all the amenities the capital city has to offer. This property is not located in a flood plain. A versatile property that suits a wide range of buyers. Investors will appreciate the strong income potential of three established units. Option to occupy one unit while rental income from the others offsets the mortgage. The layout also lends itself beautifully to multi-generational living, allowing independent living spaces under one roof. One unit is currently vacant, offering immediate flexibility for an owner-occupant or a new tenant at market rent. The building has been carefully maintained throughout. A beautiful front porch graces the home, and Unit 1 enjoys its own private covered porch. Ample storage adds practicality and convenience for owners and tenants alike. Located in a fantastic neighborhood with convenient access to shops, restaurants, schools, and downtown, this property combines solid condition, an exceptional location, and built-in flexibility - a combination that rarely comes to market.

53 North Street | MLS# 5094269

This multi-family property located at 53 North Street, Montpelier, VT 05602 is currently listed for sale with an asking price of $395,000. North Street is located within the Montpelier school district. Search Montpelier real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Heating: Direct Vent
Home Style: Historic Vintage
Lot Size: 0.18 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $7,663
Year Built: 1910

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 2
Unit 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $850.00
Unit 3:
Bathroom(s): 1
Rent: $737.50

Feature Descriptions

Color: Yellow
Construction: Wood Frame
Construction Status: Existing
Driveway: Gravel
Driveway: Gravel
Electric: 100 Amp Service
Exterior: Wood Frame
Flood Zone: No
Foundation: Concrete, Stone
Foundation: Concrete, Stone
Lot: City Lot
Roads: Public
Sewer: Public
Sq. Ft. Total Finished: 15116
Total Stories: 2
Units: 3
Water: Public
Zoning: RES 1500

Local Schools

High School: Montpelier High School
Middle School: Main Street Middle School
Elementary School: Union Elementary School
School District: Montpelier

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Hickok Boardman / E. Montpelier
Agency Contact: Cell: 802-272-3266
Agent Name: Kevin Casey

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Estimated Payment

$ 1,632.89 per month $879.10 Principal & Interest $638.58 Property Tax $115.21 Homeowner's Insurance

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