585 ELM STREET Montpelier, VT 05602 | Multi-Family

$665,000

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4
4176 sqft.
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Listing Courtesy of
Dome Real Estate Group LLC

Description

This owner occupied three dwelling multi family home has been lovingly maintained and is now being offered after almost 50 years of ownership. The property includes the main building along with a four bay garage built in 2013. A beautiful and historic two story barn has original beams and wide plank flooring with massive storage on the second level. The owner's apartment has hardwood flooring on the main level and a Vigilant wood stove, two bedrooms upstairs as well as a private deck and second story balcony. The rental units include a main level one bedroom apartment with a windowed kitchen and a two bedroom second floor apartment with a bright eat in kitchen. All three units share a lovely covered front porch.The 2.3 acre property includes apple trees, perennials and a stone wall and meets zoning for subdivision and possible development. This is a great investment opportunity and is walking distance to town, near shopping, I-89 , CMVC and the recreational center is about a minute away!

Property Details

List Price $670,000 Sold Price $665,000 List Date 2022-06-30 Sold Date 2022-11-14 MLS ID 4918301 Status Closed Property Type Multi-Family County VT-Washington Days on Market 51

structure

AG Finished Area 2762.0 basement Yes cooling None Features Exterior Balcony, Barn, Deck, Garden Space, Porch - Covered, Windows - Double Pane flooring Carpet, Hardwood, Vinyl foundation details Concrete, Fieldstone garage spaces 4.0 garage y n Yes heating Baseboard living area 4176.0 living area units Square Feet new construction Existing Parking Features Circular, Gravel roof Shingle - Asphalt stories 2 year built 1870

characteristics

Acres 2 lot size area 2.3 Lot SqFt 100188.0 lot size units Acres # of Units 3 possible use Unknown road frontage type Paved, Public road surface type Paved, Public view River view y n Yes water body name North Branch Winooski River waterfront features Yes waterfront y n Yes

school

elementary school Union Elementary School high school Montpelier High School middle or junior school Main Street Middle School

tax

tax annual amount 9109.56 tax year 2021 zoning RESD 1

financial

gross income 13000.0 operating expense 16438.0

contract

foreclosure y n No

compensation

Buyer Agency Comp. 2.5 Buyer Agency Comp. Type % Non-Rep Comp. 2.5 Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/18/2024 7:19:46 AM (UTC)