Home For Sale In Montpelier, Vermont

house for sale

Listed: 04/17/24

184 Elm Street, Montpelier, VT 05602, USA

9 Bed:

7 Bath:

5,084 Sq Ft Living Area:

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Price

$ 1,45M

Show 6 more

About This House

Turn key, stabilized, fully leased, renovated and well-maintained six unit apartment building for sale in downtown Montpelier. Three 2-bedroom units, and three 1-bedroom units, all with laundry and hardwood floors. Units have been renovated with granite countertops, stainless appliances, renovated bathrooms, floors, paint, and much more. Units 1 and 2 share the front porch, and have a shared laundry. Units 3 and 4 enter from the side, and units 5 and 6 are newly built in a converted carriage barn. Strong rental history. Tenants pay their own utilities. Units 1-4 heat with an oil furnace and Units 5-6 have heat pumps and mini-splits. NOI $87, 000makes this a solid 6% cap rate for a high quality building. Assigned off street … Full description

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Original listing

Montpelier Housing & Living

Household Income

Median household income: $60,793

Number of households: 3,687

The average household income in Montpelier, VT grew from $60,347 to $60,793 in the past year. This data is an estimate based upon 3,687 households in Montpelier, VT.
The chart below presents how household income is distributed in Montpelier, VT in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Montpelier, VT compared to median property taxes around the country. The prevalent amount of property taxes in Montpelier, VT equals $3k+ , which is more than the national average.