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7 Winter Street, Montpelier, VT 05602

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For Sale

$749,000

9 beds • 7 baths • 4,700 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • $159.36
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Pride in Ownership. For offer a well maintained 7 Unit building in sought after "Meadows" neighborhood between downtown and Hubbard park. 10% cap rate with long term tenants 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. Final upper roof being replaced July 14th. So all roofs will have been replaced in last 15 years. Insulation and weatherization have been improved throughout. Seller is a licensed real estate agent in the state of Vermont. Limited assisted showings during business hours only. Delayed showings starting July 9th. Property is smoke free, and mostly pet free. No cats or dogs. Super low maintenance yet attractive siding.
MLS# 5048205

Courtesy Of eXp Realty LLC

(833) 388-2480

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Heating System
    Baseboard, Forced Air
  • Lot Size
    0.25 Acres
  • Roof Type
    Asphalt, Membrane
  • Rooms
    Basement

Map and Directions

Directions to 7 Winter Street, Montpelier, VT 05602

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(802) 782-8662
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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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