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 Vermonts 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 youre seeking a solid addition to your portfolio or a seamless 1031 exchange opportunity, this property is a standout. Thoughtfully cared for and ideally located, its a perfect fit for the discerning investor.
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5BEDS
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0.24ACRES
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4BATHS
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01/2 BATHS
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2,793SQFT
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$232$/SQFT
School Information
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 Vermonts 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 youre seeking a solid addition to your portfolio or a seamless 1031 exchange opportunity, this property is a standout. Thoughtfully cared for and ideally located, its a perfect fit for the discerning investor.
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Courtesy of Jeanne Felmly of Dome Real Estate Group LLC: .