279 River StreetMontpelier, VT 05602MLS Number 4880282

  • Price: $269,000
  • Est. Mortgage of $/month
  • 90 Days on Market
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Federal 30-year interest rate: 3.1% last updated on Nov 24, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Active with Contract
279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602279 River Street Montpelier VT 05602
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  • 0.61Acreage
  • 3Bathrooms
  • 1897Year Built
  • 2,202Square Feet

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Listed by Ray Mikus of Green Light Real Estate
Solid Montpelier three-unit on the market! Consists of three floors of apartments. The first floor is a nicely updated two bedroom unit. Second floor is also nicely updated, and also two bedrooms. The third floor is a one bedroom unit with a long term tenant. It's a good unit, just hasn't been updated quite as recently. Tenants pay their own heat. Unit 3 pays its own electric, Units 1 and 2 share a meter and electric is included. The expensive investments have been made to this building already including vinyl siding, replacement windows, architectural shingle roof, spray foam in basement, electrical, and more. Off-street parking in back. Gross rents are $26,700 with over $16,000 in net operating income. Easy access to downtown Montpelier, Barre, shopping/restaurants along the Barre-Montpelier Road, Berlin Corners, 89, and the hospital. Operating expenses in listing includes property taxes.

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More Info

Basic Information

  • StatusActive With Contract
  • List Price$269,000
  • MLS Number4880282
  • MLS StatusActive Under Contract

Property

  • Acreage0.61
  • Parking Spaces
  • Square Feet2,202
  • APX Fin AG Sqft2,202
  • Road Frontage59
  • RoadsPaved, Public
  • Lot DescriptionMajor Road Frontage

Utilities

  • Heat FuelGas - LP/Bottle
  • Heat SystemIndividual
  • UtilitiesCable - Available, High Speed Intrnt -Avail, Internet - Cable, Telephone Available
  • WaterPublic
  • Water HeaterElectric
  • ElectricCircuit Breaker(s)
  • SewerPublic

Location

  • TownMontpelier
  • StateVT
  • Zip05602
  • CountyWashington
  • ZoningEastern Gateway
  • Elementary SchoolUnion Elementary School
  • Junior HighMain Street Middle School
  • High SchoolMontpelier High School
  • Flood Zone Y/NNo

Exterior

  • ExteriorVinyl
  • RoofShingle - Architectural
  • Exterior ColorWhite

Amenities

  • Exterior AmenitiesDeck

Other

  • Taxes$4,006
  • Seasonal Y/NNo
  • Unit 1 Deposit$875
  • Unit 2 Rent Amount$850
  • Unit 3 Rent Amount$500
  • View Count4

Building

  • Year Built1897
  • Building ConstructionWood Frame
  • StyleApartment Building
  • Units3
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Floor Location2
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Floor Location3
  • # of 1 Bedrooms1
  • # of 2 Bedrooms2
  • Bathroom3
  • Total Baths3
  • BasementUnfinished
  • FoundationConcrete
Dave Chenette | Chenette Real Estate
Dave Chenette | Chenette Real Estate
Office: 802-264-1991
30 Kimball Ave, Suite 201
South Burlington, VT 05403
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Copyright 2021 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 November 28, 2021.

 

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