- – beds
- – baths
- 4,700 sqft
- 10,890 sqft lot
- $159 per sqft
- 1878 build
- – on site
Pride in Ownership. For offer a well maintained 7 Unit building in sought after "Meadows" neighborhood between downtown and Hubbard park. 10% cap rate with long term tenants 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. Final upper roof being replaced July 14th. So all roofs will have been replaced in last 15 years. Insulation and weatherization have been improved throughout. Seller is a licensed real estate agent in the state of Vermont. Limited assisted showings during business hours only. Delayed showings starting July 9th. Property is smoke free, and mostly pet free. No cats or dogs. Super low maintenance yet attractive siding.
Last checked:
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Last updated Jun 25, 2025
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MLS# 5048205 —
The Building
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Year Built:1878
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Pre-Construction:No
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Construction Status:Existing
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Construction Materials:Wood Frame
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Architectural Style:Apartment Building
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Roof:Corrugated, Membrane, Shingle - Asphalt
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Foundation:Fieldstone
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Total Stories:3
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Total Units:7
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Approx SqFt Total:5980
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Approx SqFt Total Finished:4,700 Sqft
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Approx SqFt Finished Above Grade:4,700 Sqft
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Approx SqFt Finished Below Grade:0 Sqft
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Approx SqFt Unfinished Below Grade:1280
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Approx SqFt Unfinished Building Source:Assessor
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Approx SqFt Finished Above Grade Source:Assessor
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Road Frontage Type:Paved, Public
Interior
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Basement:Yes
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Basement Description:Concrete Floor, Unfinished
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Basement Access Type:Walk-up
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Room 5 Type:Leased
Room Dimensions
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Room 2 Dimensions:3 Sqft
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Room 4 Dimensions:0 Sqft
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Room 21 Dimensions:2
Location
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Directions:From Downtown Montpelier head north on Main St. Take the second exit from the round about onto Spring St. Cross the north branch of the Winooski and take your first right on Elm St. Take your first Left onto Winter St. and the building is the 4th on the right.
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Latitude:44.265539584735656
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Longitude:-72.571272644180297
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot Features:City Lot, Level, Rental Complex, Sidewalks, In Town, Near Paths, Neighborhood, Near School(s)
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Lot SqFt:10,890 Sqft
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Lot Acres:0 Sqft
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Zoning:Residential 3000
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Driveway:Gravel
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Road Frontage:Yes
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Road Frontage Length:50 Sqft
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Flood Zone:Land Only
Listing Agent
- Contact info:
- Office phone:
- (802) 448-0615
Taxes
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Tax Year:2024
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Taxes TBD:No
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Tax - Gross Amount:$14,835
Beds
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Bedrooms - Level 1:1
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Bedrooms - Level 4:3
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Bedrooms - Basement:5
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Total 2 Bedroom Units:2
Baths
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Total Full Baths:3
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Full Baths Size:0 Sqft
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Three Quarter Baths:5
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Three Quarter Baths Size:2 Sqft
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Half Baths Size:26 Sqft
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Quarter Baths:2
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Unit 1 Baths:1
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Unit 2 Baths:1
The Listing
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Price Per SqFt:159.36
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Propane, Baseboard, Forced Air, Gas Heater, Wall Furnace
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Fuel Company:Gillespie's
Utilities
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Utilities:Cable, Gas - LP/Bottle, Multi Phone Lines, Telephone Available
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Separate Utilities:Yes
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Sewer:Public
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Electric:Circuit Breaker(s)
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Water Source:Public
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Cable Company:Xfinity
Schools
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Elementary School:Union Elementary School
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Middle Or Junior School:Main Street Middle School
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High School:Montpelier High School
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School District:Montpelier School District
The Community
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Condo Name:Monthly
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Marina Name:Monthly
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Covenants:No
Extra Units
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Unit 1 Rooms:3
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Unit 1 Bedrooms:1
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Unit 2 Bedrooms:1
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Unit 3 Rooms:4
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Unit 3 Bedrooms:2
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Unit 3 Baths:1
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Unit 4 Bedrooms:1
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Unit 4 Baths:1
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Unit 5 Rooms:4
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Unit 5 Bedrooms:1
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Unit 5 Baths:1
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Unit 6 Bedrooms:1
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Unit 6 Baths:1
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Unit 7 Rooms:6
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/24/25
Jun 24, 2025
|
Listed / Active | PRIME_MLS | $749,000 | |
11/20/24
Nov 20, 2024
|
Listed / Active | PRIME_MLS |