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27 St Paul Street, Montpelier, VT 05602

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For Sale

$379,500

3 beds • 2 baths • 2,284 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $166.16
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Great opportunity to own a spacious two-unit building in downtown Montpelier. The structure is not located in a flood zone and the is a LOMA attached. This two unit could easily be converted back to a SINGLE FAMILY HOME by just unlocking two doors! Both units are currently rented. The two car garage fits two small cars and there is storage on the second level. The building is located on a low maintenance tenth of an acre lot. Besides the garages, there is plenty of off street parking in the driveway. The first floor one bedroom unit is rented for $1,560/month and the second floor two bedroom unit is rented for $1,600. 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 a hole in a drain in the basement in the July 2023 flood, but the drain has been fixed and a check valve has been installed to prevent future backflow. Water only came in to the basement in 2023 an no water came up in to the house.
MLS# 5037696

Courtesy Of Berkshire Hathaway HomeServices Vermont Realty Group

(802) 223-6302

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Floor Covering
    Hardwood
  • Lot Size
    0.1 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Map and Directions

Directions to 27 St Paul Street, Montpelier, VT 05602

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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