Great opportunity to own and live in a spacious two-unit building in downtown Montpelier and have tenants help pay your mortgage and expenses. OR, this two unit could easily be converted back to a SINGLE FAMILY HOMES by just unlocking two doors! Live upstairs in the vacant unit, park your car in one of the two garage spaces and walk everywhere or rent out the second floor unit for double the income. Located on a low maintenance tenth of an acre lot. Besides the garages, there is plenty of off street parking. First floor one bedroom unit is rented for $1,520/month and the second floor two bedroom unit is currently vacant. Heat (oil steam radiators), gas for ranges, water and sewer are included in rent. Tenants pay their own electric, hot water, trash, internet and cable. Each unit has a garage. There is a large storage space on the back of the building on each floor with stairs to the garage. The large fully equipped kitchens have gas ranges and full size refrigerators. Each unit has a covered porch at its private entry where a table and chairs could be set up to enjoy the lovely weather. Water came up through the basement drain in the July 2023 flood. Flood waters did not come up to the house. Owner's current commercial mortgage does NOT require flood insurance.
Lot & Building Features
AppliancesWater Heater – Electric
UtilitiesCable
ConstructionWood Frame
CoolingNone
Heat SourceOil
HeatingRadiator
SewerPublic
Tax Year2023
Taxes Paid$7,287
WaterPublic
Basement DescriptionConcrete Floor, Dirt Floor
FoundationStone w/ Skim Coating
Lot DescriptionSidewalks, Street Lights
RoofShingle - Asphalt
Features ExteriorPorch - Covered, Storage
GarageYes
Community and Schools
Elementary SchoolUnion Elementary School
Junior High SchoolMain Street Middle School
Senior High SchoolMontpelier High School
Unit Features
Unit 1 Baths1
Unit 1 Bedrooms1
Unit 1 InfoHeat Included, Storage, Refrigerator, Range - Gas, Porch
Unit 1 Lease TermAnnual
Unit 1 Level NumberA
Unit 1 Rental AgreementYes
Unit 1 Rental Amount1520.00
Unit 1 Rental Amt FreqMonthly
Unit 1 Rooms5
Unit 1 StatusLeased
Unit 1 StyleFirst floor flat
Unit 1 Tenant PaysElectric, TV Service, Trash, Internet Service, Hot Water
Unit 2 Baths1
Unit 2 Bedrooms2
Unit 2 Rental AgreementNo
Unit 2 Rooms6
Unit 2 StatusVacant
Unit 2 StyleSecond floor flat
Price History of 27 St Paul Street, Montpelier, VT
Date
Name
Price
Difference
04/24/2024
Listing Price
$388,500
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
27 St Paul Street (MLS #4992563) is a multi-family listing located in Montpelier, VT.
This multi-family listing is 2,284 sqft and on a lot of 4,356 sqft (or 0.10 acres) with 3 bedrooms, 2 baths and is 134 years old. This property was listed on 04/24/2024 and has been priced for sale at $388,500.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: BHHS Vermont Realty Group/Montpelier
Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/18/2024