Sold Status
$550,000 Sold Price
Multi Type
0 Beds
0 Baths
4,137 Sqft
Sold By Green Light Real Estate
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Washington County
This property represents a great investment opportunity right in the heart of Montpelier! Within walking distance of all city amenities, this building is ADA accessible and completely renovated to preserve its historic character. A total rehab of the building was completed when the current owners purchased the property, which took over a year to finish and includes considerable investment into making the barn a fully furnished space with radiant heat flooring. This 4,200 square foot building is fully insulated. With thirteen parking spaces and commercial zoning, it is an ideal place for a dentist office, law firm, or company office space. All aspects of the building were renovated and brought up to code, including electrical upgrades and wiring the building for four units, plumbing for four units, hydronic heating systems, new roof, reinforced and insulated foundation and basement, new boiler, updated fire alarm and sprinkler system, new water line, new insulation, interior ramp for ADA compliance (fully removable), saving the dilapidated barn, and installing leveled plywood through most of the main house first floor by carefully screwing down to the existing original pine floor system to allow future owners the opportunity to have access to the original pine floors. For the highest value, this property could be turned into a four unit multi-family. Properties don’t go on the market in this location and of this value very often, so don’t miss this rare opportunity. †
Property Location
Property Details
Sold Price $550,000 | Sold Date Mar 3rd, 2022 | |
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List Price 599,000 | Bedrooms 0 | Garage Size Car |
Cooperation Fee Unknown | Total Bathrooms 0 | Year Built 1870 |
MLS# 4891323 | Lot Size 0.31 Acres | Taxes $10,246 |
Type Multi-Family | Days on Market 1098 Days | Tax Year 2021 |
Units 1 | Stories 2 | Road Frontage 100 |
Annual Income $0 | Style Multi-Family, Multi-Level, New Englander | Water Frontage |
Annual Expenses $0 | Finished 4,137 Sqft | Construction No, Existing |
Zoning Urban Center 2 | Above Grade 4,137 Sqft | Seasonal No |
Total Rooms 0 | Below Grade 0 Sqft | List Date Nov 19th, 2021 |