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

$795,000

MLS# 5022765
4700 sq.ft. Bedroom | 0 Bathroom
Multi Family
7 Winter Street Montpelier VT 		 
$795,000 | $169 per sq.ft. | MLS# 5022765 A 7  Unit Multi Family Home, 7 Winter Street Montpelier VT With 5 - One Bedroom Units | 2 - Two Bedroom Units

Description:
Well maintained 7 Unit building in sought after "Meadows" neighborhood between downtown and Hubbard park. 9% cap rate with room for increases in rents makes this an attractive investment. Tenants pay heat and electricity. Entirely updated electrical and recent updates make this a low maintenance solid investment. Super easy to rent these great units with quick walk to downtown and Hubbard park, yet tucked away on a quiet street. Owner went through and updated each apartment in the building as they became available over the past 14 years. Every piece of electrical replaced in that period and most of the plumbing. Extra time and care was given to updates with an eye towards quality, low maintenance and longevity. Enormous parking area gives the tenants much sought after off street parking. More than 1 unblocked parking spot per bedroom with a back yard and front yard. All the roofs other than the very upper roof have been replaced. Insulation and weatherization have been improved throughout. Pride of ownership is evident throughout this multi family. Seller is also the listing agent, a licensed real estate agent in the state of Vermont. Extremely limited assisted showing windows available. Showings 1pm to 3pm on Friday 11/22 and Monday 11/25 12pm to 2pm. More showings may happen 1st week of December. Property is smoke free, and mostly pet free. No cats or dogs. Super low maintenance yet attractive siding. Make an appointment as this one won't last.

Annual Expenses
Taxes: $14,835 		    Income Gross Income | $
NetIncome | $
UNIT 1 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Level: 1
Tenant Pays : Electric,Heat
Rent : 970.00 Monthly
Signed Lease : Yes
Status : Month to Month
UNIT 2 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Level: 1&2
Tenant Pays : Electric,Heat
Rent : 1130.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased
UNIT 3 INFORMATION

Beds: 2
Baths: 1
Rooms: 4
Level: 1
Rent : 1225.00 Monthly
Status : Leased
UNIT 4 INFORMATION

Beds: 1
Baths: 1
Rooms: 5
Level: 1
Rent : 1075.00 Monthly
Status : Leased
UNIT 5 INFORMATION

Beds: 1
Baths: 1
Rooms: 4
Level: 2
Rent : 975.00 Monthly
Signed Lease : Yes
UNIT 6 INFORMATION

Beds: 1
Baths: 1
Rooms: 5
Level: 2
Rent : 990.00 Monthly
Signed Lease : Yes
UNIT 7 INFORMATION

Beds: 2
Baths: 1
Level: 3
Rent : 1385.00 Monthly

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Price Per SQ.FT. 169.15 | Year Built: 1878
 LAND DESCRIPTION: LOT DESCRIPTION: City Lot | Level | Rental Complex | Sidewalks | In Town | Near Paths | Neighborhood | Near School(s)
Livable Space: 4700
Above Grade Sq.Ft.: 4700
Below Grade Sq.Ft.: 0
Foundation: Fieldstone
Heating: Propane | Baseboard | Forced Air | Gas Heater | Wall Furnace
Cooling: None
Electric: Circuit Breaker(s)
Style: Apartment Building
Roof: Corrugated | Membrane | Shingle - Asphalt
Water: Public
Sewer: Public
Lot size: 0.25 acres
Zoned: Residential 3000
Surveyed: Yes
SurveyedBy: Sunwise Surveyi
Flood Zone: Land Onl
Seasonal: No
Road Frontage: 50
Driveway: Gravel
ADDITIONAL INFORMATION
Taxes $14,835  | Assesed Value $0 in
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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15 Buck Rd. Hanover, NH 03755 603-643-3942

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