37 St. Paul Street Montpelier, Vermont 05602 MLS# 4859215

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Sold Status

$485,000 Sold Price

Multi Type

10 Beds

4 Baths

3,667 Sqft

Listed By Susan Martin of Century 21 Martin & Associates Real Estate
Sold By Heney Realtors - Element Real Estate (Montpelier)
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37 St. Paul Street

Own a slice of Vermont history with this old schoolhouse that's been converted into a 4 family apartment building. This charming old building boasts four uniquely different apartments, a master suite with two floors and an adjoining spiral staircase, off-street parking for all units and great rental income! Ideally suited for an investor looking to expand their portfolio or an owner who wants to live in one unit and enjoy the income. Just a few blocks from downtown Montpelier, the building is conveniently located in the closest residential neighborhood to downtown and less than five minute walk to middle and elementary schools. Many recent upgrades include new windows, Rinaii heaters and new porch. Don't miss an opportunity to invest in this awesome property! †

Property Location

37 St. Paul Street Montpelier

Property Details

Sold Price  $485,000 Sold Date  Jul 13th, 2021
List Price  495,000 Bedrooms  10 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  4 Year Built  1830
MLS#  4859215 Lot Size  0.1 Acres Taxes $8,437
Type  Multi-Family Days on Market  1296 Days Tax Year 2020
Units  4 Stories  2 Road Frontage  50
Annual Income  $52,921 Style  Colonial Water Frontage  
Annual Expenses  $0 Finished  3,667 Sqft Construction  No, Existing
Zoning   yes Above Grade  3,667 Sqft Seasonal  No
Total Rooms  10 Below Grade  0 Sqft List Date  May 5th, 2021
Gross Income  $52,921 Operating Expenses  $0 Net Income  $333,050
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $0/Mo Unit 2   3 Beds, 1 Baths, $0/Mo
Unit 3   2 Beds, 1 Baths, $0/Mo Unit 4   3 Beds, 1 Baths, 2 SqFt, $0/Mo
ConstructionWood Frame
BasementWalkout, Unfinished, Exterior Stairs
Interior Features
Exterior Features
Exterior  Clapboard Disability Features  
Foundation  Granite, Concrete House Color  red
Floors   Building Certifications  
Roof  Shingle-Asphalt HERS Index  
Directions
Lot Description, City Lot
Garage & Parking  No, ,
Road Frontage  50 Water Access  
Driveway  Gravel, Common/Shared Water Type  
Flood Zone  Yes Water Body  
Zoning  yes
School District  NA Middle  
Elementary   High  
Heat Fuel  , Oil Excluded  
Heating/Cool  None, Baseboard, Vented Gas Heater, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  405-126-11702
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† The remarks published on this webpage originate from Listed By Susan Martin of Century 21 Martin & Associates 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.