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Off market
  • $460,800

    281 River St #285, Montpelier, VT 05602

    10beds
    3,402sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $460,800 Zestimate®
    $135/sqft
    $1,850 Estimated rent

    Owner options

    List your home for rent

    $1,850/mo

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    $1,850/mo

    Rent Zestimate®

    Refinance and save

    $3,131/mo

    Est. payment

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    $3,131/mo

    Est. payment

    What's special

    Rare opportunity to own a Montpelier commercial/multi-family property on a 5.86 acre parcel. Conveniently located at the junction of Route 2 and Route 302, which provides excellent accessibility. This property consists of three separate buildings. One building contains 6 apartments: two 2-bedroom units, three efficiency units and one 1-bedroom unit. There is also a 2-bedroom cottage. The third building is vacant and in need of rehabilitation. This building previously consisted of 8 studio apartments. With existing tenants and room for expansion, this property provides a steady income stream. The vacant building allows for customization and value enhancement. Seize this opportunity to unlock the full potential of this property. Whether youre an investor, developer, or entrepreneur, theres so much you can achieve here! Seller is a Licensed Vermont Real Estate Broker.

    Zillow last checked: 8 hours ago

    Source: William Raveis Real Estate, Mortgage & Insurance,MLS#: 4997608MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Baseboard, Wall Furnace
    Cooling
    • None
    Features
    • Basement: Yes
    Interior area
    • Total structure area: 3,402
    • Total interior livable area: 3,402 sqft

    Property

    Lot
    • Size: 5.86 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Montpelier