43 E State ST Under Contract Save Request In-Person Tour Request Virtual Tour
Montpelier,VT 05602
Key Details
Property Type Multi-Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 2,793 sqft
Price per Sqft $232
MLS Listing ID 5017370
Bedrooms 5
Full Baths 4
Construction Status Existing
Year Built 1877
Annual Tax Amount $10,540
Tax Year 2024
Lot Size 10,454 Sqft
Acres 0.24
Property Description
Exceptional Investment Opportunity in the Heart of Downtown Montpelier!This four-unit multifamily property offers a rare chance to own a well-maintained income producer in Vermont's vibrant capital city. Completely renovated in 1984—with a poured concrete foundation, new electrical, and modern plumbing—this property has been carefully maintained for over 40 years by the same owner. Three of the four spacious units feature beautiful hardwood flooring and each has its own designated off-street parking space. Tenants enjoy unbeatable convenience with public transportation, shopping, dining, bars, the hospital, and the I-89 corridor all just minutes away.Whether you're seeking a solid addition to your portfolio or a seamless 1031 exchange opportunity, this property is a standout. Thoughtfully cared for and ideally located, it's a perfect fit for the discerning investor.
Location
State VT
County Vt-washington
Area Vt-Washington
Zoning RESD 1
Rooms
Basement Entrance Interior
Basement Interior Stairs,Unfinished,Interior Access
Interior
Cooling None
Flooring Carpet,Ceramic Tile,Hardwood,Vinyl
Exterior
Garage Spaces 2.0
Utilities Available Propane
Roof Type Membrane
Building
Story 2
Sewer Public
Architectural Style Apartment Building
Construction Status Existing
Schools
Elementary Schools Union Elementary School
Middle Schools Main Street Middle School
High Schools Montpelier High School
School District Montpelier School District