163 River Street Montpelier, Vermont 05602 MLS# 4661443

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Sold Status

$175,000 Sold Price

Multi Type

4 Beds

3 Baths

2,544 Sqft

Listed By of Central Vermont Real Estate
Sold By KW Vermont-Stowe
✉ 🖶

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163 River Street

Wow. Three unit rental property in Montpelier with tenants in place! Here's your chance to buy Income Property in an area full of qualified tenants. Two units include 1st and 2nd floor (One 1-bdrm and one 2 bdrm). Third unit is one bedroom. All have one bath. Total of 5 parking spaces. One unit is in a converted garage. Zoned for General Business which allows for Commercial and Residential! Showing 9 a.m. to 5 p.m. is best for tenants. †

Property Location

163 River Street Montpelier

Property Details

Sold Price  $175,000 Sold Date  May 31st, 2019
List Price  189,900 Bedrooms  4 Garage Size  0 Car
Cooperation Fee  Unknown Total Bathrooms  3 Year Built  1900
MLS#  4661443 Lot Size  0.19 Acres Taxes $4,997
Type  Multi-Family Days on Market  2611 Days Tax Year 2017
Units  3 Stories  2 Road Frontage  150
Annual Income  $0 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  2,544 Sqft Construction  No, Existing
Zoning   General Business Above Grade  2,544 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  Sep 28th, 2017
Gross Income  $0 Operating Expenses  $0 Net Income  $29,070
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $825/Mo Unit 2   2 Beds, 1 Baths, $1,000/Mo
Unit 3   1 Beds, 1 Baths, $725/Mo
ConstructionWood Frame
BasementInterior, Unfinished, Slab
Interior Features
Exterior Features
Exterior  Aluminum, Vinyl Siding, Wood Siding Disability Features  
Foundation  Stone House Color  
Floors   Building Certifications  
Roof  Shingle-Asphalt, Metal HERS Index  
DirectionsOn north side of River Street (Rte #2) across from Rub-a-Dub Car Wash. Next to "The Point" Radio Station.
Lot Description, City Lot
Garage & Parking  No, , , 5 Parking Spaces
Road Frontage  150 Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  General Business
School District  NA Middle  
Elementary   High  
Heat Fuel  , Gas-Lp/Bottle Excluded  
Heating/Cool  None, Forced Air Negotiable  
Sewer  Public Sewer at Street Parcel Access ROW  
Water  Public Water - At Street ROW for Other Parcel  
Water Heater  Electric Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  405-126-10160
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† The remarks published on this webpage originate from Listed By of Central Vermont 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.