16 Lague Drive Montpelier, Vermont 05602 MLS# 4816005

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Sold Status

$230,000 Sold Price

Multi Type

6 Beds

3 Baths

4,000 Sqft

Listed By Kate Root of Green Light Real Estate
Sold By Geri Reilly Real Estate

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**BACK ON THE MARKET - buyer couldn't get financing**. Here is an exciting and affordable investment opportunity in the town of Montpelier! This two unit duplex is in a cute neighborhood and ready for its new caretaker. Unit A is a 4 bedroom, 1.75 bath split entry home with plenty of space to spread out with an open floor plan and a huge deck just off the dining room. The lower level is home to the master bedroom, a 3/4 bath and a large family room with built-in shelving. Unit B is a loft-style apartment with 2 bedrooms, a vaulted ceiling and wide-open living, kitchen and dining space. The back yard is the perfect size, level and ready to enjoy with a small fire pit and just enough privacy. The savvy investor knows this a great deal in today's hot market - don't pass it up! Price increase to adjust for work done during previous escrow. †

Property Location

16 Lague Drive Montpelier

Property Details

Essentials

Sold Price $230,000		Sold Date Dec 21st, 2020
List Price 225,000	Bedrooms 6	Garage Size 2 Car
Cooperation Fee Unknown	Total Bathrooms 3	Year Built 1968
MLS# 4816005	Lot Size 0.27 Acres	Taxes $5,000
Type Multi-Family	Days on Market 1595 Days	Tax Year 2019
Units 2	Stories 1/1/1900	Road Frontage 50
Annual Income $32,400	Style Duplex, Multi-Family, Split Level	Water Frontage
Annual Expenses $0	Finished 4,000 Sqft	Construction No, Existing
Zoning Residential	Above Grade 3,000 Sqft	Seasonal No
Total Rooms 6	Below Grade 1,000 Sqft	List Date Jul 10th, 2020

Expenses

Gross Income $32,400	Operating Expenses $0	Net Income $0

Expenses Includes

Unit Size & Rent

Unit 1 4 Beds, 2 Baths, $1,700/Monthly	Unit 2 2 Beds, 1 Baths, $1,000/Monthly

Building

ConstructionWood Frame
BasementWalkout, Finished, Daylight, Climate Controlled
Interior Features
Exterior Features

Exterior Vinyl	Disability Features
Foundation Block, Concrete	House Color Brown
Floors	Building Certifications
Roof Shingle	HERS Index

Property

DirectionsFrom Route 2, turn onto Lague Dr just before or after Dairy Creme. House is on your left just before the crest of the hill.
Lot Description, Level, Level, Near Railroad, Near Railroad
Garage & Parking Yes, ,

Road Frontage 50	Water Access
Driveway Paved	Water Type
Flood Zone No	Water Body
Zoning Residential

Schools

School District Montpelier School District	Middle
Elementary	High Montpelier High School

Utilities

Heat Fuel , Gas-Lp/Bottle	Excluded washers and dryers
Heating/Cool None, Baseboard	Negotiable
Sewer Public	Parcel Access ROW No
Water Public	ROW for Other Parcel
Water Heater Electric	Financing
Cable Co	Documents
Electric 200 Amp	Tax ID 000000000000

† The remarks published on this webpage originate from Listed By Kate Root of Green Light Real Estate via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.