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Victorian 4 Unit with consistent income stream within 0.5 miles from downtown Montpelier. Recent updates include plumbing, electric & separate heating control. With some cosmetic assistance, this property could be even more of a gem. Separate heating units (like Rinnais) could increase net, too. Roof reportedly "newer asphalt membrane." †
Property Location
231 Elm Street Montpelier
Property Details
Sold Price $230,000
Sold Date May 16th, 2008
List Price 240,000
Bedrooms 7
Garage Size 0 Car
Cooperation Fee Unknown
Total Bathrooms 4
Year Built 1910
MLS# 2698573
Lot Size 0.14 Acres
Taxes $4,834
Type Multi-Family
Days on Market 6161 Days
Tax Year 2007
Units 4
Stories 2
Road Frontage
Annual Income $0
Style
Water Frontage
Annual Expenses $18,835
Finished 3,168 Sqft
Construction No, Existing
Zoning High D Res
Above Grade 3,168 Sqft
Seasonal No
Total Rooms 7
Below Grade 0 Sqft
List Date Jan 9th, 2008
Gross Income $0
Operating Expenses $18,835
Net Income $34,920
Expenses Includes
Unit 1 1 Beds, 1 Baths, $650/Mo
Unit 2 2 Beds, 1 Baths, $750/Mo
Unit 3 2 Beds, 1 Baths, $760/Mo
Unit 4 2 Beds, 1 Baths, $750/Mo
ConstructionWood Frame
Basement, Unfinished, Bulkhead, Full
Interior Features
Exterior Features
Exterior Wood, Clapboard
Disability Features
Foundation Brick, Concrete, Stone
House Color
Floors
Building Certifications
Roof Membrane, Other
HERS Index
DirectionsFrom State Street, turn onto Elm Street, 0.4 miles on east side of street. (There is no LO Sign)
Lot Description, Level, Water View
Garage & Parking No, , , 1-10 Spaces, Off Street, On Site
Road Frontage
Water Access
Driveway Concrete, Crushed Stone, Dirt
Water Type
Flood Zone Yes
Water Body
Zoning High D Res
School District Washington Central
Middle Main Street Middle School
Elementary Union Elementary School
High Montpelier High School
Heat Fuel , Oil
Excluded
Heating/Cool Multi Zone, Baseboard, Radiators, Multi Zone, Steam, Hot Water
Negotiable
Sewer Metered, Public
Parcel Access ROW
Water Public, Metered
ROW for Other Parcel
Water Heater Electric, Separate
Financing
Cable Co
Documents
Electric Circuit Breaker
Tax ID
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† The remarks published on this webpage originate from Listed By Neil Johnson of Johnson Real Estate Group, LTD 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.