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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755

$379,500

MLS# 5037696
2284 sq.ft. Bedroom | 0 Bathroom
Multi Family
27 St Paul Street Montpelier VT 		 
$379,500 | $166 per sq.ft. | MLS# 5037696 A 2  Unit Multi Family Home, 27 St Paul Street Montpelier VT With 2 - Two Bedroom Units

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. Appliances : Water Heater – Electric

Annual Expenses
Taxes: $7,978 		    Income
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

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Exterior Color White | Price Per SQ.FT. 166.16 | Year Built: 1890
 LAND DESCRIPTION: LOT DESCRIPTION: Sidewalks | Street Lights
Avail.Sq.Ft.: 2
Livable Space: 2284
Above Grade Sq.Ft.: 2284
Below Grade Sq.Ft.: 0
Foundation: Stone w/ Skim Coating
Heating: Oil | Radiator
Cooling: None
Electric: Circuit Breaker(s)
Style: Colonial
Roof: Shingle - Asphalt
Water: Public
Sewer: Public
Lot size: 0.1 acres
Zoned: RESD 1
Surveyed: Unk
Flood Zone: Yes
Seasonal: No
Road Frontage: 50
Driveway: Paved
ADDITIONAL INFORMATION
Taxes $7,978  | Assesed Value $0 in
SCHOOLS
School District: Montpelier School District
Elementary School: Union Elementary School
Middle School: Main Street Middle School
High School: Montpelier High School
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15 Buck Rd. Hanover, NH 03755 603-643-3942

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