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Off market
  • $531,200

    281 River St #285, Montpelier, VT 05602

    10beds
    3,402sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $531,200 Zestimate®
    $156/sqft
    $2,056 Estimated rent

    Home value

    $531,200

    $382,000 - $706,000

    $2,056/mo

    Zestimate® history
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    Owner options

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    $2,056/mo

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    $2,056/mo

    Rent Zestimate®

    Refinance and save

    $3,074/mo

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    $3,074/mo

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    What's special

    Rare opportunity to own a Montpelier commercial/multi-family property on a 5.86 acre parcel. Conveniently located at the junction of Route 2 and Route 302, which provides excellent accessibility. This property consists of three separate buildings. One building contains 6 apartments: two 2-bedroom units, three efficiency units and one 1-bedroom unit. There is also a 2-bedroom cottage. The third building is vacant and in need of rehabilitation. This building previously consisted of 8 studio apartments. With existing tenants and room for expansion, this property provides a steady income stream. The vacant building allows for customization and value enhancement. Seize this opportunity to unlock the full potential of this property. Whether youre an investor, developer, or entrepreneur, theres so much you can achieve here! Seller is a Licensed Vermont Real Estate Broker.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: William Raveis Real Estate, Mortgage & Insurance,MLS#: 4997608MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Baseboard, Wall Furnace
    Cooling
    • None
    Features
    • Basement: Yes
    Interior area
    • Total structure area: 3,402
    • Total interior livable area: 3,402 sqft

    Property

    Lot
    • Size: 5.86 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1900

    Community & HOA

    Location
    • Region: Montpelier

    Financial & listing details

    • Price per square foot: $156/sqft
    • Date on market: 5/28/2024
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    8/2/2024Listing removed$750,000$220/sqft
    Source: William Raveis Real Estate, Mortgage & Insurance #4997608 Report a problem
    5/28/2024Listed for sale$750,000$220/sqft
    Source: William Raveis Real Estate, Mortgage & Insurance #4997608 Report a problem
    5/28/2024Listing removed$750,000$220/sqft
    Source: PrimeMLS #4997608 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 05602

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Union Elementary School
    • Middle: Main Street Middle School
    • High: Montpelier High School
    • District: Montpelier School District

    Source: William Raveis Real Estate, Mortgage & Insurance. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $531,200
    2% more
    +$10,624
    With Zillow Showcase(estimated)
    $541,824