Located in Middlesex Village this 3 unit Jem is on the Historic properties list, which gives owners many benefits from Energy VT. The former home of Washington Hotel is now spacious well laid out apartments. A large Carriage barn attached for a world of storage. What is different from your typical multi family property? Tons of yard space for gardening, outdoor games, barbeques you name it there is room! Why not start your home ownership with $1,850 a month income to cover all your expenses. Financials are based on owner occupied, add an addition $1,100 a month for non-owner occupied investment. Looking for a solid investment, check out these numbers. Tenants pay for their own heat and utilities.
Charming and traditional Montpelier 7-room, 4BR home with separate 4-room, 2-BR apartment. Great location is close to Downtown, College Green and Co-op. Design review district. Main unit has formal dining room with built in storage. Large eat-in kitchen. Natural woodwork and mix of both exposed hardwood and softwood flooring. Standing seam metal roof. Storage in walk-up attic plus detached storage building. Two covered porches plus screened porch. Sloping lot is well-landscaped with perennial plantings. Two oil furnaces, two electrical entrances, two hot water heaters (1-rented; 1-owned). Apartment has rented for $800/month in the past. Available for immediate occupancy.
Located in the General Business Zoning District, which allows for a variety of permitted uses. Live in one unit, run your business from the other! 3-BR, 1.5 bath residence has a 3-room (1BR) renovated rental apartment with separate utilities ($750/month income) that sure helps cover the expenses! Main house has remodeled kitchen with updated appliances. Exposed hardwood and softwood flooring (no wall-to-wall carpeting). New windows (except 2 in the apt). Laundry hookups in both playroom and basement. Slate mudroom entry with recent pellet stove. Fireplace. Apartment has new exterior stairwell, ash flooring, tiled bath with clawfoot tub, Rennai heater, kitchen with range, refrigerator and dishwasher. 2 Rigid insulation added under new Hardy cement board siding, plus insulation blown into attic. Fenced yard. Heavier gauge standing seam metal roof. Heated garage (Empire propane space heater) and workshop space.
Own a duplex within walking distance to downtown Montpelier. Up and down units with income potential or owner occupy. Unit 1 is a 2 bedroom on the first floor. Unit 2 is a 3 bedroom consisting of 2 bedrooms on the 2nd floor and finished attic space with extra room. Both units have there own laundry.