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

$649,000

MLS# 5017370
2793 sq.ft. Bedroom | 0 Bathroom
Multi Family
43 E State Street Montpelier VT 		 
$649,000 | $232 per sq.ft. | MLS# 5017370 A 4  Unit Multi Family Home, 43 E State Street Montpelier VT With 3 - One Bedroom Units | 1 - Two Bedroom Units

Description:
Exceptional opportunity to purchase a four unit multi family in the heart of downtown Montpelier! Completely renovated in 1984, including a poured concrete foundation and new electric and plumbing, this income producing property is ready for new ownership after over 40 years. Three of the four units have beautiful hardwood flooring throughout as well as assigned off street parking. Convenient to all amenities: public transportation, shopping, dining/bars, hospital and the I89 corridor. A perfect candidate for a 1031 exchange. This offering has been thoughtfully cared for over the decades and will be the perfect fit for the discerning investor. Appliances : Water Heater – Electric

Annual Expenses
Taxes: $10,609 		    Income Gross Income | $
NetIncome | $
UNIT 1 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Level: 1
Info : Appliances Included,CO Detector,Heat Included,Range - Electric,Refrigerator,Smoke Detector
Tenant Pays : Electric
Rent : 1250.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased
UNIT 2 INFORMATION

Beds: 2
Baths: 1
Rooms: 4
Level: 2
Info : Appliances Included,Dishwasher,Dryer,Heat Included,Porch,Range - Electric,Refrigerator,Washer
Tenant Pays : Electric
Rent : 1750.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased
UNIT 3 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Level: 1
Info : Appliances Included,CO Detector,Range - Electric,Refrigerator,Smoke Detector
Rent : 850.00 Monthly
Status : Leased
UNIT 4 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Level: 2
Info : Appliances Included,CO Detector,Range - Electric,Refrigerator,Smoke Detector
Rent : 900.00 Monthly
Status : Leased

FEATURES AND DETAILS

CONSTRUCTION: Clapboard Exterior | Exterior Color Grey | Price Per SQ.FT. 232.37 | Year Built: 1877
 LAND DESCRIPTION: LOT DESCRIPTION: City Lot | Sidewalks | In Town | Near Shopping | Neighborhood | Near Public Transportatn | Near Hospital
Avail.Sq.Ft.: 4
Livable Space: 2793
Above Grade Sq.Ft.: 2793
Below Grade Sq.Ft.: 0
Foundation: Concrete
Heating: Propane | Gas Heater
Cooling: None
Electric: 100 Amp
Style: Apartment Building
Roof: Membrane
Water: Public
Sewer: Public
Lot size: 0.24 acres
Zoned: RESD 1
Surveyed: Unk
Flood Zone: No
Seasonal: No
Garage And Parking: Assigned | Off Street
Roads: Paved | Public
Road Frontage: 85
Driveway: Paved
ADDITIONAL INFORMATION
Docs Available : Aerials | Deed | Lease Agreements | Property Disclosure | Tax Map
Taxes $10,609  | Assesed Value $438,800 in 2023
SCHOOLS
School District: Montpelier School District
Elementary School: Union Elementary School
Middle School: Main Street Middle School
High School: Montpelier High School
  • 22251949
  • 22260438
  • 22260443
  • 22260447
  • 22260560
  • 22260561
  • 22260562
  • 22260563
15 Buck Rd. Hanover, NH 03755 603-643-3942

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