This well-maintained multi-family property offers a prime opportunity for investors or those looking to expand their portfolio. Ideally located just a short walk from downtown Montpelier, this triplex includes two recently renovated units, each equipped with efficient heat pumps for year-round comfort and energy savings. Both downstairs units enjoy private basement access, adding convenience and valuable storage space. The other spacious 3-bedroom unit features access to both the basement and attic. It retains its original charm and character, with decorative interior stairs that give it a classic townhouse feel and plenty of potential for modern updates. This property offers versatility and potential for a variety of investment strategies, whether you’re looking to maximize rental income or explore long-term development opportunities. The adjacent lot (MLS #467868) is also available for purchase separately, offering additional possibilities for expansion or investment.
Closed
Listed by: Central Vermont Real Estate • Ruby Klarich
Bought with: EXP Realty
$70,000
56 Northfield Street, Montpelier, VT 05602
--beds
--baths
3,378sqft
Multi Family
Built in 1900
-- sqft lot
$347,700 Zestimate®
$21/sqft
$2,059 Estimated rent
Home value
$347,700
$250,000 - $462,000
$2,059/mo
Zestimate® history
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List your homeWhat's special
Original charm and characterDecorative interior stairsValuable storage spaceEfficient heat pumpsRecently renovated unitsClassic townhouse feelPrivate basement access
Zillow last checked:
Listing updated:
Listed by:
Ruby Klarich,
Central Vermont Real Estate 802-225-1310,
Soren Pfeffer,
Central Vermont Real Estate
Bought with:
Jacob Barnes
EXP Realty
Source: PrimeMLS,MLS#: 5042735
Facts & features
Interior
Bedrooms & bathrooms
- Full bathrooms: 2
Heating
- Oil, Heat Pump, Hot Air
Cooling
- Mini Split
Features
- Basement: Finished,Storage Space,Interior Entry
Interior area
- Total structure area: 3,378
- Total interior livable area: 3,378 sqft
- Finished area above ground: 3,378
- Finished area below ground: 0
Property
Parking
- Parking features: Shared Driveway, Crushed Stone
Features
- Levels: 3
Lot
- Size: 0.3 Acres
- Features: City Lot, Rental Complex
Details
- Parcel number: 40512612336
- Zoning description: Mixed Use
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Exterior
- Foundation: Concrete
- Roof: Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other, Fiber Optic Internt Avail
Community & HOA
Location
- Region: Montpelier
Financial & listing details
- Price per square foot: $21/sqft
- Tax assessed value: $346,900
- Annual tax amount: $8,387
- Date on market: 5/23/2025
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Sold | $70,000-81.1%$21/sqft |
Source: Public Record Report a problem | ||
| 7/30/2025 | Sold | $370,000-1.3%$110/sqft |
Source:  PrimeMLS #5042735 Report a problem | ||
| 5/23/2025 | Listed for sale | $375,000$111/sqft |
Source: PrimeMLS #5042735 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $346,900 |
| 2023 | -- | $346,900 +23.9% |
| 2022 | -- | $280,000 |
| 2021 | -- | $280,000 |
| 2020 | -- | $280,000 |
| 2019 | -- | $280,000 |
| 2018 | -- | $280,000 |
| 2017 | $7,650 | $280,000 |
| 2016 | -- | $280,000 +10111.5% |
| 2015 | -- | $2,742 +34.5% |
| 2014 | -- | $2,039 |
| 2013 | -- | $2,039 |
| 2012 | -- | $2,039 |
| 2011 | -- | $2,039 |
| 2010 | -- | $2,039 +82.9% |
| 2009 | -- | $1,115 -1.2% |
| 2008 | -- | $1,129 |
| 2007 | -- | $1,129 |
| 2006 | -- | $1,129 |
Find assessor info on the county website
Neighborhood: 05602
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Nearby schools
GreatSchools rating
- NAUnion Elementary SchoolGrades: PK-4Distance: 0.5 mi
- 10/10Main Street SchoolGrades: 5-8Distance: 0.8 mi
- 9/10Montpelier High SchoolGrades: 9-12Distance: 0.6 mi
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- Vermont
- Washington County
- Montpelier
- 05602
- 56 Northfield Street
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