149 State Street Montpelier VT Multi Family For Sale $940000

List Price: $940,000 | $141 per sq.ft. Multi Family A 0 Unit Multi Family Home
With 0 One Bedroom Units , 0 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Friday Feb 23, 2024 | MLS# 4987186

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Address: 149 State Street Montpelier VT
Listed by Jeanne Felmly Dome Real Estate Group LLC
Description:
Excellent opportunity to own prime commercial/residential space in Montpelier near I89, public transportation, schools, CVMC Hospital and shopping. The 6,686 square foot building is currently comprised of 13 offices and 6 airbnb rooms, one full bath, one 3/4 bath and two half baths (one handicap accessible), two kitchenettes and over 30 parking spaces. There are many preserved original details throughout the front portion of the building including a spectacular two level porch with dramatic columns. This property has prime road frontage on Route 2/State Street and ample signage. It's is a 5 minute walk to the State House and center of town. Perfect for investment, conversion to rental property or 1031 exchange! The July flooding did affect the building but it has been restored and renovated as is ready for immediate occupancy. Also listed as commercial: MLS#4985913.

Annual Expenses

Taxes: $19,280

Income

Exterior Features:
Handicap Modified | Porch - Covered
Exterior Color: White
Roof: Shingle - Asphalt
Garage And Parking: Driveway | Parking Spaces 21+ | Paved
Seasonal: No

Heating: Oil | Hot Water
Cooling: Wall AC Units
Electric: 100 Amp | Circuit Breaker(s)
Utilities: Cable - At Site
Electric Meters: 6
Water: Public
Sewer: Public

Additional Information
Docs Available : Aerials | Deed | Property Disclosure
Easement - Unknown
Taxes $19,280
Assesed Value Not Reported

Schools
School District: Montpelier School District
Elementary School: Union Elementary School
Middle School: Main Street Middle School
High School: Montpelier High School

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

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