Multi-Family for Sale: 7 Winter Street, Montpelier, VT 05602

9 beds
3 full baths
4,700 sqft
$795,000
$795,000
7 Winter Street, Montpelier, VT 05602
9 beds
3 full baths
4,700 sqft
$795,000
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Price:
$795,000

Type Multi-Family
Style Apartment Building
Beds 9
Total Baths 3 full baths
Square Feet 4,700 sqft
Lot Size 0.25 acres
Year Built 1878
Taxes Paid $14,835

City Montpelier
County Washington
School District Montpelier School District

MLS 5022765
Status Active
DOM 2 days
Well maintained 7 Unit building in sought after "Meadows" neighborhood between downtown and Hubbard park. 9% cap rate with room for increases in rents makes this an attractive investment. Tenants pay heat and electricity. Entirely updated electrical and recent updates make this a low maintenance solid investment. Super easy to rent these great units with quick walk to downtown and Hubbard park, yet tucked away on a quiet street. Owner went through and updated each apartment in the building as they became available over the past 14 years. Every piece of electrical replaced in that period and most of the plumbing. Extra time and care was given to updates with an eye towards quality, low maintenance and longevity. Enormous parking area gives the tenants much sought after off street parking. More than 1 unblocked parking spot per bedroom with a back yard and front yard. All the roofs other than the very upper roof have been replaced. Insulation and weatherization have been improved throughout. Pride of ownership is evident throughout this multi family. Seller is also the listing agent, a licensed real estate agent in the state of Vermont. Extremely limited assisted showing windows available. Showings 1pm to 3pm on Friday 11/22 and Monday 11/25 12pm to 2pm. More showings may happen 1st week of December. Property is smoke free, and mostly pet free. No cats or dogs. Super low maintenance yet attractive siding. Make an appointment as this one won't last.

Lot & Building Features

Utilities Cable, Telephone Available, Multi Phone Lines, Gas - LP/Bottle
Construction Wood Frame
Cooling None
Heating (2919, 2934, 2940, 2941, 2975), Wall Furnace, Gas Heater, Forced Air, Baseboard
Sewer Public
Tax Year 2024
Taxes Paid $14,835
Water Public
Basement Description Concrete Floor, Unfinished
Foundation Fieldstone
Lot Description (2991, 3011, 3024, 3029, 4923, 4929, 4933, 13114), Sidewalks, Rental Complex, Near School(s), Level, City Lot
Roof Corrugated, Shingle - Asphalt, Membrane
Garage No

Community and Schools

Elementary School Union Elementary School
Junior High School Main Street Middle School
Senior High School Montpelier High School

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 1
Unit 1 Level Number 1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 970.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 3
Unit 1 Status Month to Month
Unit 1 Tenant Pays Electric, Heat
Unit 2 Baths 1
Unit 2 Bedrooms 1
Unit 2 Lease Term Month to Month
Unit 2 Level Number 1&2
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 1130.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 3
Unit 2 Status Leased
Unit 2 Tenant Pays Electric, Heat
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Level Number 1
Unit 3 Rental Amount 1225.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 4
Unit 3 Status Leased
Unit 3 Tenant Pays Electric, Heat
Unit 4 Baths 1
Unit 4 Bedrooms 1
Unit 4 Lease Term Annual
Unit 4 Level Number 1
Unit 4 Rental Agreement Yes
Unit 4 Rental Amount 1075.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Rooms 5
Unit 4 Status Leased
Unit 4 Tenant Pays Electric, Heat
Unit 5 Baths 1
Unit 5 Bedrooms 1
Unit 5 Level Number 2
Unit 5 Rental Agreement Yes
Unit 5 Rental Amount 975.00
Unit 5 Rental Amt Freq Monthly
Unit 5 Rooms 4
Unit 5 Status Leased
Unit 5 Tenant Pays Electric, Heat
Unit 6 Baths 1
Unit 6 Bedrooms 1
Unit 6 Level Number 2
Unit 6 Rental Agreement Yes
Unit 6 Rental Amount 990.00
Unit 6 Rental Amt Freq Monthly
Unit 6 Rooms 5
Unit 6 Tenant Pays Electric, Heat
Unit 7 Baths 1
Unit 7 Bedrooms 2
Unit 7 Level Number 3
Unit 7 Rental Agreement Yes
Unit 7 Rental Amount 1385.00
Unit 7 Rental Amt Freq Monthly
Unit 7 Rooms 6
Unit 7 Tenant Pays Electric, Heat

Price History of 7 Winter Street, Montpelier, VT

Date Name Price Difference
11/20/2024 Listing Price $795,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 7 Winter Street, Montpelier, VT

Location Map Street View
Photo of Karen Spero
Karen Spero
REALTOR®
Direct: 603-548-5891
Office
185 Plaistow Road, Suite 1
Plaistow, NH 03865
603-382-0360 x14
Listed by EXP Realty, JC Earle 802-485-9900
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20%
1.8660377358491%
6.75%
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Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
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7 Winter Street (MLS #5022765) is a multi-family listing located in Montpelier, VT. This multi-family listing is 4,700 sqft and on a lot of 10,890 sqft (or 0.25 acres) with 9 bedrooms, 3 baths and is 146 years old. This property was listed on 11/20/2024 and has been priced for sale at $795,000.

Nearby zip codes are 05461, 05601, 05641 8373, 05641 and 05651. This property neighbors other cities such as Barre City, Barre Town, Berlin, East Montpelier and Middlesex.

PrimeMLS

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: EXP Realty

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 11/22/2024