List Price: $379,500 | $166 per sq.ft. Multi Family A 2 Unit Multi Family Home
With 0 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Thursday Apr 24, 2025 | MLS# 5037696
With 0 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Thursday Apr 24, 2025 | MLS# 5037696
To see this Listing
Address: 27 St Paul Street Montpelier VT
Listed by Martha Lange BHHS Vermont Realty Group/Montpelier
Description:
Great opportunity to own a spacious two-unit building in downtown Montpelier. This two unit could easily be converted back to a SINGLE FAMILY HOMES by just unlocking two doors! Both units are currently rented. The two car garage fits two small cars and there is storage on the second level. The building is located on a low maintenance tenth of an acre lot. Besides the garages, there is plenty of off street parking in the driveway. The first floor one bedroom unit is rented for $1,560/month and the second floor two bedroom unit is rented for $1,600. Heat (oil steam radiators), gas for ranges, water and sewer are included in rent. Tenants pay their own electric, hot water, trash, internet and cable. Each unit has a garage. There is a large storage space on the back of the building on each floor with stairs to the garage. The large fully equipped kitchens have gas ranges and full size refrigerators. Each unit has a covered porch at its private entry where a table and chairs could be set up to enjoy the lovely weather. Water came up through a hole in a drain in the basement in the July 2023 flood. Drain has been fixed and a check valve has been installed to prevent future backflow. Only three feet of water came in to the basement in 2023 an no water came up in to the house.
Annual Expenses
Taxes: $7,978
Taxes: $7,978
Income
Appliances : Water Heater – Electric
UNIT 1 INFORMATION
Beds: 1
Baths: 1
Rooms: 5
Level: A
Info : Heat Included,Porch,Range - Gas,Refrigerator,Storage
Tenant Pays : Electric,Hot Water,Internet Service,Trash,TV Service
Rent : 1560.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 2 INFORMATION
Beds: 2
Baths: 1
Rooms: 6
Level: B
Style : Second floor flat
Info : Heat Included,Mudroom,Range - Gas,Refrigerator,Storage
Tenant Pays : Electric,Hot Water,Internet Service,Trash,TV Service
Rent : 1600.00 Monthly
Signed Lease : Yes
Status : Leased
Construction: Wood Frame
Year Built: 1890
Style: Colonial
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3208
Above Grade Sq.Ft.: 2284
Basement: Concrete Floor | Dirt Floor
Foundation: Stone w/ Skim Coating
Year Built: 1890
Style: Colonial
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3208
Above Grade Sq.Ft.: 2284
Basement: Concrete Floor | Dirt Floor
Foundation: Stone w/ Skim Coating
Exterior Features:
Porch - Covered | Storage
Exterior Color: White
Roof: Shingle - Asphalt
Seasonal: No
Porch - Covered | Storage
Exterior Color: White
Roof: Shingle - Asphalt
Seasonal: No
Heating: Oil | Radiator
Cooling: None
Electric: Circuit Breaker(s)
Trash: Tenant
Utilities: Cable
Electric Meters: 2
Water: Public
Sewer: Public
Cooling: None
Electric: Circuit Breaker(s)
Trash: Tenant
Utilities: Cable
Electric Meters: 2
Water: Public
Sewer: Public
Land Information
Sidewalks | Street Lights
Lot size: 0.1 acres
Zoned: RESD 1)
Surveyed: Unk
Flood Zone: Yes
Road Frontage: 50
Driveway: Paved
Sidewalks | Street Lights
Lot size: 0.1 acres
Zoned: RESD 1)
Surveyed: Unk
Flood Zone: Yes
Road Frontage: 50
Driveway: Paved
Additional Information
Taxes $7,978
Assesed Value Not Reported
Taxes $7,978
Assesed Value Not Reported
Schools
School District: Montpelier School District
Elementary School: Union Elementary School
Middle School: Main Street Middle School
High School: Montpelier High School
School District: Montpelier School District
Elementary School: Union Elementary School
Middle School: Main Street Middle School
High School: Montpelier High School
