Multi-Family Home for Sale: 65 River Street, Montpelier, VT 05602

7,750 sqft
$1,750,000
$1,750,000
65 River Street, Montpelier, VT 05602
7,750 sqft
$1,750,000
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Walk Score
42
Price:
$1,750,000

Type: Multi-Family
Style: Apartment Building, Multi-Family
Square Feet: 7,750 sqft
Lot Size: 0.76 acres
Year Built: 1990
Taxes Paid: $17,255

City: Montpelier
County: Washington
School District: Montpelier School District

MLS: 4929331
Status: Active
DOM: 21 days
Listed by Green Light Real Estate - Barre, Katie Peterson & Kate Root
Investors, take note! A property such as the River View Apartments does not hit the market often! This top-notch, 10-unit apartment complex is a rare opportunity in the heart of sought-after Montpelier, VT. Each two-bedroom unit has been meticulously maintained since the current owners constructed the building in 1990. All ten apartments boast excellent rental history, and will continue to cash flow for years to come! Just some of the exceptional benefits of this complex include: a HEATED driveway for easy cold-weather maintenance, a new roof, new windows, a new boiler, new siding, on-site laundry, and ample locked and sprinklered storage for each tenant. The location could not be more convenient for renters as its close to the bus line and right outside of town. Are you ready to walk into an immediate return on your investment? This is your opportunity to own an exemplary piece of property that would cost a fortune to reproduce. Available now!

Lot & Building Features

Utilities: Cable - At Site, Internet - Cable
Construction: Wood Frame
Cooling: None
Heat Source: Oil
Heating: Baseboard
Parking Description: Driveway, Paved, Parking Spaces 11 - 20, Off Street
Sewer: Public
Tax Year: 2022
Taxes Paid: $17,255
Water: Public
Water Heater: Off Boiler, Tank, Oil
Foundation: Slab - Concrete
Lot Description: Hilly, Water View, Sloping, River
Roof: Shingle - Asphalt
Features Exterior: Porch - Covered, Window Screens, Storage, Porch - Enclosed
Exterior: Vinyl Siding
Garage: No

Community and Schools

Elementary School: East Montpelier Elementary
Junior High School: Main Street Middle School
Senior High School: Montpelier High School

Unit Features

Unit 1 Baths: 1
Unit 1 Bedrooms: 2
Unit 1 Info: CO Detector, Storage, Smoke Detector, Refrigerator, Range - Electric, Hot Water, Heat Included, Heat - Oil
Unit 1 Lease Term: Annual
Unit 1 Rental Agreement: Yes
Unit 1 Rental Amount: 1300.00
Unit 1 Rental Amt Freq: Monthly
Unit 1 Rooms: 4
Unit 1 Status: Leased
Unit 1 Tenant Pays: Electric, Water, TV Service, Internet Service
Unit 2 Baths: 1
Unit 2 Bedrooms: 2
Unit 2 Lease Term: Annual
Unit 2 Rental Agreement: Yes
Unit 2 Rental Amount: 1050.00
Unit 2 Rental Amt Freq: Monthly
Unit 2 Rooms: 4
Unit 2 Status: Leased
Unit 3 Baths: 1
Unit 3 Bedrooms: 2
Unit 3 Lease Term: Annual
Unit 3 Rental Agreement: Yes
Unit 3 Rental Amount: 1050.00
Unit 3 Rental Amt Freq: Monthly
Unit 3 Rooms: 4
Unit 3 Status: Leased
Unit 4 Baths: 1
Unit 4 Bedrooms: 2
Unit 4 Lease Term: Annual
Unit 4 Rental Agreement: Yes
Unit 4 Rental Amount: 965.00
Unit 4 Rental Amt Freq: Monthly
Unit 4 Rooms: 4
Unit 4 Status: Leased
Unit 5 Baths: 1
Unit 5 Bedrooms: 2
Unit 5 Lease Term: Annual
Unit 5 Rental Agreement: Yes
Unit 5 Rental Amount: 900.00
Unit 5 Rental Amt Freq: Monthly
Unit 5 Rooms: 4
Unit 5 Status: Leased
Unit 6 Baths: 1
Unit 6 Bedrooms: 2
Unit 6 Lease Term: Annual
Unit 6 Rental Agreement: Yes
Unit 6 Rental Amount: 1400.00
Unit 6 Rental Amt Freq: Monthly
Unit 6 Rooms: 4
Unit 6 Status: Leased
Unit 7 Baths: 1
Unit 7 Bedrooms: 2
Unit 7 Lease Term: Annual
Unit 7 Rental Agreement: Yes
Unit 7 Rental Amount: 1050.00
Unit 7 Rental Amt Freq: Monthly
Unit 7 Rooms: 4
Unit 7 Status: Leased
Unit 8 Baths: 1
Unit 8 Bedrooms: 2
Unit 8 Lease Term: Annual
Unit 8 Rental Agreement: Yes
Unit 8 Rental Amount: 1400.00
Unit 8 Rental Amt Freq: Monthly
Unit 8 Rooms: 4
Unit 8 Status: Leased

Price History of 65 River Street, Montpelier, VT

Date Name Price Difference
09/12/2022 Listing Price $1,750,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 65 River Street, Montpelier, VT

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Listing information courtesy of: Green Light Real Estate - Barre

Copyright 2022 New England Real Estate Network, Inc. All rights Reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 10/03/2022