7 Hillhead Street Montpelier, Vermont 05602 MLS# 4931912

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Sold Status

$315,000 Sold Price

Multi Type

5 Beds

2 Baths

1,996 Sqft

Listed By Tony Walton of New England Landmark Realty LTD
Sold By Central Vermont Real Estate
✉ 🖶

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7 Hillhead Street

Are you looking for that first rung on the proverbial property ladder? Maybe you're searching for a single-family home and haven't even considered an owner-occupied rental income investment. Lucky you! It doesn't get any easier than this spacious 2-bedroom and 3-bedroom duplex in a great central Montpelier neighborhood. Live on one side, lease the other and let your tenant pay your monthly mortgage. The property has been well maintained and owned by the same investor for nearly 20 years. It has an excellent rental history and a low vacancy rate with tenants who currently enjoy below-market rents. So much potential! Get this property locked down before the snow flies. Call today! †

Property Location

7 Hillhead Street Montpelier

Property Details

Sold Price  $315,000 Sold Date  Dec 2nd, 2022
List Price  315,000 Bedrooms  5 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  2 Year Built  1900
MLS#  4931912 Lot Size  0.17 Acres Taxes $5,770
Type  Multi-Family Days on Market  783 Days Tax Year 2022
Units  2 Stories  2 Road Frontage  
Annual Income  $28,800 Style  Duplex, Neighborhood Water Frontage  
Annual Expenses  $0 Finished  1,996 Sqft Construction  No, Existing
Zoning   residential Above Grade  1,996 Sqft Seasonal  No
Total Rooms  5 Below Grade  0 Sqft List Date  Sep 30th, 2022
Gross Income  $28,800 Operating Expenses  $0 Net Income  $22,617
Expenses Includes 
Unit 1   3 Beds, 1 Baths, 1,196 SqFt, $1,350/Monthly Unit 2   2 Beds, 1 Baths, 800 SqFt, $1,050/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior  Clapboard Disability Features  
Foundation  Concrete House Color  Green
Floors   Building Certifications  
Roof  Standing Seam HERS Index  
DirectionsMain Street to L on North Street to L on Hillhead, duplex on left.
Lot Description, Sloping, Sloping, Suburban
Garage & Parking  No, ,
Road Frontage   Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  residential
School District  NA Middle  Main Street Middle School
Elementary  Union Elementary School High  Montpelier High School
Heat Fuel  , Oil Excluded  
Heating/Cool  None, Forced Air Negotiable  
Sewer  Metered Parcel Access ROW  
Water  Metered ROW for Other Parcel  
Water Heater  Electric, Gas-Lp/Bottle Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  405-126-11766
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† The remarks published on this webpage originate from Listed By Tony Walton of New England Landmark Realty 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.