List Price: $349,000 | $115 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 1 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Tuesday May 12, 2026 | MLS# 5088347
With 1 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Tuesday May 12, 2026 | MLS# 5088347
2892 Route 2
Entrance to Unit 1
Unit 1 kitchen
Kitchen looking to dining room and bathroom
Unit 1 full beth
Second exterior entry to unit 2
Living room
Bedroom #1
Bedroom #2
Private screened in porch for Unit #1
Large barn great for storage
Interior of barn- 2 main beams replaced in last 2 years
Over an acre of land out back
Plenty of parking
To see this Listing
Address: 2892 US Route 2 East Montpelier VT
Listed by Lauren Gould Green Light Real Estate
Description:
Amazing investment opportunity. This 3 unit multifamily property has had all the major upgrades: all new windows, new heating system, updated electrical, new plumbing and a new septic system. Invest with confidence knowing the property has been improved and well cared for by its current owners. A large barn is a great opportunity for storage, whether for your own use or to supplement the income from your apartment rentals. There are 2 dedicated office spaces within the barn- each with it's own separate heat pump. Unit 1 is a large two-bedroom, one-bath unit featuring a private porch, separate living and dining rooms and a spacious kitchen. Upstairs in Unit 2 (not pictured) is another 2 bedroom/1 bathroom unit with a long term tenant in place. A 1 bedroom/1 bathroom unit was recently added and includes a large back deck overlooking the 1+ acre yard. This unit offers 2 heat pumps as well as forced hot water heat. A large driveway provides ample parking, and the location couldn't be more convenient. Don't let this amazing investment opportunity pass you by! Set up your showing today! Operating Expenses : Heat,Insurance,Other,Trash,Utilities
Annual Expenses
Taxes: $7,563
Taxes: $7,563
Income
Gross Income | $60,000
NetIncome | $33,881
Gross Income | $60,000
NetIncome | $33,881
Appliances : Electric Water Heater | Separate Water Heater
UNIT 1 INFORMATION
Beds: 2
Baths: 1
Rooms: 5
Level: 1
Info : Appliances Included,Dryer,Porch,Electric Range,Refrigerator,Washer
Signed Lease : No
Status : Vacant
UNIT 2 INFORMATION
Beds: 2
Baths: 1
Rooms: 4
Level: 2
Info : Appliances Included,Heat Included,Electric Range,Refrigerator,Storage
Tenant Pays : Electric,Hot Water
Rent : 1000.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
UNIT 3 INFORMATION
Beds: 1
Baths: 1
Rooms: 3
Level: 1,2
Info : Appliances Included,Deck,Electric Range,Refrigerator
Signed Lease : No
Status : Vacant
Construction: Wood Frame | Wood Siding
Year Built: 1880
Style: Farmhouse
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 4335
Above Grade Sq.Ft.: 3035
Basement: Unfinished
Year Built: 1880
Style: Farmhouse
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 4335
Above Grade Sq.Ft.: 3035
Basement: Unfinished
Exterior Color: white
Roof: Standing Seam
Seasonal: No
Roof: Standing Seam
Seasonal: No
Heating: Propane | Baseboard | Heat Pump | Hot Water | Mini Split | Boiler
Cooling: Mini Split
Electric: 100 Amp Service
Utilities: Cable at Site | Propane
Electric Meters: 3
Water: Public
Sewer: Mound | Septic
Cooling: Mini Split
Electric: 100 Amp Service
Utilities: Cable at Site | Propane
Electric Meters: 3
Water: Public
Sewer: Mound | Septic
Land Information
Field/Pasture | Level | Open | Near Shopping | Near School(s)
Lot size: 1.01 acres
Zoned: Res and Commercial)
Surveyed: Unk
Flood Zone: No
Road Frontage: 100
Driveway: Gravel
Field/Pasture | Level | Open | Near Shopping | Near School(s)
Lot size: 1.01 acres
Zoned: Res and Commercial)
Surveyed: Unk
Flood Zone: No
Road Frontage: 100
Driveway: Gravel
Additional Information
Taxes $7,563
Assesed Value Not Reported
Taxes $7,563
Assesed Value Not Reported
Schools
School District: Washington Central
Elementary School: East Montpelier Elementary
Middle School: U-32
High School: U32 High School
School District: Washington Central
Elementary School: East Montpelier Elementary
Middle School: U-32
High School: U32 High School
