27 St Paul Street , Montpelier, VT 05602
Montpelier, VT 05602
Description
Great opportunity to own and live in a spacious two-unit building in downtown Montpelier and have tenants help pay your mortgage and expenses. OR, this two unit could easily be converted back to a SINGLE FAMILY HOMES by just unlocking two doors! Live upstairs in the vacant unit, park your car in one of the two garage spaces and walk everywhere or rent out the second floor unit for double the income. Located on a low maintenance tenth of an acre lot. Besides the garages, there is plenty of off street parking. First floor one bedroom unit is rented for $1,520/month and the second floor two bedroom unit is currently vacant. Heat (oil steam radiators), gas for ranges, water and sewer are included in rent. Tenants pay their own electric, hot water, trash, internet and cable. Each unit has a garage. There is a large storage space on the back of the building on each floor with stairs to the garage. The large fully equipped kitchens have gas ranges and full size refrigerators. Each unit has a covered porch at its private entry where a table and chairs could be set up to enjoy the lovely weather. Water came up through the basement drain in the July 2023 flood. Flood waters did not come up to the house. Owner's current commercial mortgage does NOT require flood insurance.
Details
| MLS# | 4992563 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1890 |
| Days On Site | 358 |
| Listing Provided By | BHHS Vermont Realty Group/Montpelier | Martha Lange |
Features
| SQ Feet | 2,284 |
|---|---|
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | RESD 1 |
Market Activity 05602
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Learn More About This Property
| State | VT |
|---|---|
| County | VT Washington |
| City | Montpelier |
| Zip Code | 05602 |
| Area | Washington |
| School District | Montpelier School District |
| Elementary School | Union Elementary School |
| Middle School | Main Street Middle School |
| High School | Montpelier High School |
| Listing VS Median (In 05602) | |
Price: $388,500 low | high Med: $475,000 SqFt: 2,284 low | high Med: 2,624 $ / SqFt: $170 low | high Med: $206 On site: 358 low | high Med: 15.500000 | |