List Price: $475,000 | $102 per sq.ft. Multi Family A 6 Unit Multi Family Home
With 3 One Bedroom Units , 0 - Two Bedroom Units ,0 - Three Bedroom Units on North Branch Winooski River
Date Listed Monday Nov 11, 2024 | MLS# 5021802



Address: 131-133 Elm Street Montpelier VT
Listed by Jessica Laffal Element Real Estate
Description:
Attention investors! Classic historic building, with mixed commercial/office and residential use, in a convenient downtown Montpelier location. The unit mix includes three 1-bedroom apartments, and an assortment of small private offices and suites. Potential to expand the residential use. Some units are leased and some vacant, offering flexible opportunity for the future owner. Charming historic wood details, nice natural light, small shared backyard, and river views. Flood protection measures in place, including raised boiler and electric panel. New boiler and mansard roof within the last year. Agent is related to the seller. Operating Expenses : Heat,Insurance,Maintenance,Other,Snow Removal,Trash,Utilities,Water/Sewer
Annual Expenses

Taxes: $14,481
Income
Appliances : Water Heater – Off Boiler | Water Heater – Owned

UNIT 1 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Level: 1
Info : Heat Included,Hot Water,Range - Electric,Refrigerator
Tenant Pays : Electric
Rent : 1200.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 2 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Level: 2
Style : flat
Info : Heat Included,Hot Water,Range - Electric,Refrigerator
Tenant Pays : Electric
Rent : 950.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 3 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Level: 3
Style : flat
Info : Heat Included,Hot Water,Range - Electric,Refrigerator
Tenant Pays : Electric
Rent : 1100.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

Construction: Wood Frame | Clapboard Exterior
Year Built: 1900
Style: Apartment Building | Historic Vintage | Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 6117
Above Grade Sq.Ft.: 4645
Basement: Concrete | Full | Sump Pump
Foundation: Concrete
Exterior Features:
Porch - Covered
Exterior Color: Gray
Roof: Membrane | Shingle - Architectural
Garage And Parking: Driveway | Leased | Parking Spaces 2 | Parking Spaces 4
Seasonal: No
Heating: Propane | Baseboard | Multi Zone
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - Available
Electric Meters: 4
Gas_Meters: 0
Water: Public
Sewer: Public
Land Information
City Lot | River | In Town
Lot size: 0.12 acres
Zoned: Residential/Commercial)
Surveyed: Unk
Flood Zone: Yes
Roads: Paved | Public
Driveway: Paved
Additional Information
Docs Available : Deed | Other | Property Disclosure
Taxes $14,481
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

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