7 HILLHEAD STREET Montpelier, VT 05602 | Multi-Family

$315,000

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2994 sqft.
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Description

Are you looking for that first rung on the proverbial property ladder? Maybe you're searching for a single-family home and haven't even considered an owner-occupied rental income investment. Lucky you! It doesn't get any easier than this spacious 2-bedroom and 3-bedroom duplex in a great central Montpelier neighborhood. Live on one side, lease the other and let your tenant pay your monthly mortgage. The property has been well maintained and owned by the same investor for nearly 20 years. It has an excellent rental history and a low vacancy rate with tenants who currently enjoy below-market rents. So much potential! Get this property locked down before the snow flies. Call today!

Property Details

List Price $315,000 Sold Price $315,000 List Date 2022-09-30 Sold Date 2022-12-02 MLS ID 4931912 Status Closed Property Type Multi-Family County VT-Washington Days on Market 42

structure

AG Finished Area 1996.0 basement Yes cooling None foundation details Concrete garage y n No heating Forced Air living area 2994.0 living area units Square Feet new construction Existing Parking Features Gravel roof Standing Seam stories 2 year built 1900

characteristics

Acres 0 lot size area 0.17 Lot SqFt 7405.0 lot size units Acres # of Units 2 road frontage type Paved, Public road surface type Paved, Public

school

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

tax

tax annual amount 5769.6 tax year 2022 zoning residential

financial

gross income 28800.0 net operating income 22617.0

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 4:21:48 AM (UTC)