Cedar StreetMontpelier, VT 05602MLS Number 4844293

  • Price: $1,199,000
  • Est. Mortgage of $/month
  • 42 Days on Market
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Federal 30-year interest rate: 2.97% last updated on Feb 25, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Active with Contract
Cedar Street Montpelier VT 05602
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  • 0.21Acreage
  • 6Bathrooms
  • 2015Year Built
  • 7,919Square Feet

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Listed by Craig Santenello of Vermont Life Realtors
This offering represents a rare opportunity to own a newly built apartment building in the heart of Montpelier. Constructed in 2015, all six of the 2 bedroom units are complete with the amenities that renters cant resist: central A/C, in-unit laundry, covered off street parking, private deck, sound dampening walls, natural light, western exposure, energy efficiency, storage space and views. As an investor, every dollar spent needs to justify itself. The new construction and location of this 5 year old building is positioned to garner higher rental rates, better tenants, and stronger loyalty while at the same time providing the security of static maintenance costs for years to come.

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More Info

Basic Information

  • StatusActive With Contract
  • Property TypeMulti-Family
  • List Price$1,199,000
  • MLS Number4844293
  • MLS StatusActive Under Contract

Property

  • Acreage0.21
  • Parking Spaces5
  • Square Feet7,919
  • APX Fin AG Sqft7,620
  • Road Frontage68
  • RoadsPublic
  • Lot DescriptionCity Lot

Utilities

  • Heat FuelElectric
  • Heat SystemElectric, Mini Split
  • WaterPublic
  • Water HeaterElectric, Separate, Tank
  • ElectricCircuit Breaker(s)
  • SewerPublic

Location

  • TownMontpelier
  • StateVT
  • Zip05602
  • CountyWashington
  • ZoningHDR
  • Elementary SchoolUnion Elementary School
  • Junior HighMain Street Middle School
  • High SchoolMontpelier High School
  • Flood Zone Y/NNo

Interior

  • APX Fin Below Grade299
  • FloorsTile

Exterior

  • ExteriorVinyl
  • RoofMembrane

Amenities

  • Exterior AmenitiesBalcony, Handicap Modified, Storage, Windows - Energy Star

Other

  • Taxes$24,894
  • Seasonal Y/NNo
  • Unit 1 Deposit$1,600
  • Unit 2 Rent Amount$1,625
  • Unit 3 Rent Amount$1,750
  • Unit 4 Rent amount$1,750
  • Unit 5 Rent amount$1,750
  • View Count6

Building

  • Year Built2015
  • Building ConstructionSteel Frame, Wood Frame
  • StyleApartment Building
  • Units6
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms5
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Floor Location1
  • Unit 2 Total Rooms5
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 Floor Location2
  • Unit 3 Total Rooms5
  • Unit 4 Bath1
  • Unit 4 Floor Location2
  • Unit 4 Total Rooms5
  • Unit 5 Baths1
  • Unit 5 Bedrooms2
  • Unit 6 Baths1
  • Unit 6 Bedrooms2
  • # of 2 Bedrooms6
  • Bathroom6
  • Total Baths6
  • BasementConcrete
  • FoundationPoured Concrete

Your Local Office

Brian French Real Estate

Brian French Real Estate

1993 Williston Road,
South Burlington, VT 05403
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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated February 27, 2021.

 

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