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


$940,000

Price Change! reduced by $35,000 on August 30th 2024
MLS# 4987186
6686 sq.ft. Bedroom | 0 Bathroom
Multi Family
149 State Street Montpelier VT
 
Price Change! reduced by $35,000 on August 30th 2024
$940,000 | $141 per sq.ft. | MLS# 4987186 A 0  Unit Multi Family Home, 149 State Street Montpelier VT

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

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Clapboard Exterior | Exterior Color White | Price Per SQ.FT. 140.59 | Year Built: 1860
LAND DESCRIPTION: LOT DESCRIPTION: City Lot | Curbing | Level | Sidewalks | In Town | Near Shopping | Neighborhood | Near Public Transportatn | Near Railroad | Near Hospital
Livable Space: 6686
Above Grade Sq.Ft.: 6686
Below Grade Sq.Ft.: 0
Foundation: Stone
Heating: Oil | Hot Water
Cooling: Wall AC Units
Electric: 100 Amp | Circuit Breaker(s)
Style: Freestanding | Greek Revival | Multi-Family
Roof: Shingle - Asphalt
Water: Public
Sewer: Public
Lot size: 0.48 acres
Zoned: Mixed Use Residential
Surveyed: Unk
Flood Zone: Yes
Seasonal: No
Garage And Parking: Driveway | Parking Spaces 21+ | Paved
Roads: Paved | Public
Road Frontage: 90
Driveway: Paved

ADDITIONAL INFORMATION
Docs Available : Aerials | Deed | Property Disclosure
Taxes $19,280  | Assesed Value $853,200 in 2023
SCHOOLS
School District: Montpelier School District
Elementary School: Union Elementary School
Middle School: Main Street Middle School
High School: Montpelier High School
15 Buck Rd. Hanover, NH 03755 603-643-3942

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