This property has been well cared for by the same family for over 50 years. Five units including one vacant two bedroom unit on the first floor. This historic building was moved in the 1950's from Main Street and put on a full concrete foundation – it is a very solid structure. The rental units are all in good shape - 3 of the units have attic storage. The owners also did a large project to reinforce the river bank with concrete blocks which created a nice level backyard and a wonderful space to relax and enjoy the river. The Franklin Street neighborhood is very desirable close to town and schools. This is a chance to have an investment property where you could also enjoy living. Updates include replacement windows in every unit. 48 hours notice required, assisted showings. Don't miss this great opportunity.
Closed
Listed by: Heney Realtors - Element Real Estate (Montpelier)
Bought with: Green Light Real Estate
$620,000
14 Franklin Street, Montpelier, VT 05602
9beds
5,040sqft
Multi Family
Built in 1850
-- sqft lot
$662,400 Zestimate®
$123/sqft
$2,117 Estimated rent
Home value
$662,400
$563,000 - $768,000
$2,117/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Monique Payne,
Heney Realtors - Element Real Estate (Montpelier) Cell:802-522-3699
Bought with:
Kevin S Casey
Green Light Real Estate
Source: PrimeMLS,MLS#: 4968960
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Oil, Hot Water, Radiator
Cooling
- None
Appliances
- Included: Electric Water Heater, Shared Water Heater
Features
- Flooring: Carpet, Vinyl, Wood
- Windows: Double Pane Windows
- Basement: Full,Unfinished,Interior Entry
Interior area
- Total structure area: 7,560
- Total interior livable area: 5,040 sqft
- Finished area above ground: 5,040
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Parking features: Gravel, Off Street, Parking Spaces 5
Features
- Levels: Two
- Patio & porch: Covered Porch
- Waterfront features: River Front
- Body of water: North Branch Winooski River
- Frontage length: Water frontage: 68
Lot
- Size: 10,019 sqft
- Features: City Lot, In Town, Neighborhood
Details
- Parcel number: 40512612241
- Zoning description: Res 1500
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Historic Vintage
- Property subtype: Multi Family
Materials
- Wood Frame, Aluminum Siding
- Foundation: Concrete
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1850
Utilities & green energy
- Electric: Circuit Breakers, Other
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Phone Available
Community & neighborhood
Location
- Region: Montpelier
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/8/2023 | Sold | $620,000$123/sqft |
Source:  PrimeMLS #4968960 Report a problem | ||
| 11/30/2023 | Contingent | $620,000$123/sqft |
Source: PrimeMLS #4968960 Report a problem | ||
| 9/7/2023 | Listed for sale | $620,000$123/sqft |
Source: PrimeMLS #4968960 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $472,000 |
| 2023 | -- | $472,000 +83.3% |
| 2022 | -- | $257,500 |
| 2021 | -- | $257,500 |
| 2020 | -- | $257,500 |
| 2019 | -- | $257,500 |
| 2018 | -- | $257,500 |
| 2017 | $7,035 | $257,500 |
| 2016 | -- | $257,500 +9900% |
| 2015 | -- | $2,575 |
| 2014 | -- | $2,575 |
| 2013 | -- | $2,575 |
| 2012 | -- | $2,575 |
| 2011 | -- | $2,575 |
| 2010 | -- | $2,575 +75.8% |
| 2009 | -- | $1,465 |
| 2008 | -- | $1,465 |
| 2007 | -- | $1,465 -0.7% |
| 2006 | -- | $1,475 |
Find assessor info on the county website
Neighborhood: 05602
Nearby schools
GreatSchools rating
- 10/10Main Street SchoolGrades: 5-8Distance: 0.1 mi
- 9/10Montpelier High SchoolGrades: 9-12Distance: 0.9 mi
- NAUnion Elementary SchoolGrades: PK-4Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Union Elementary School
- Middle: Main Street Middle School
- High: Montpelier High School
- District: Montpelier School District
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Vermont
- Washington County
- Montpelier
- 05602
- 14 Franklin Street
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