Excellent investment opportunity in the heart of Montgomery Center, just minutes from Jay Peak Resort. This well maintained two unit property has been successfully operated as a vacation rental and offers outstanding income potential, a flexible investment opportunity, or the option to live in one unit while renting the other. Located on a quiet, paved street just behind Main Street, the property enjoys a peaceful setting with very little traffic while remaining within easy walking distance of restaurants, cafés, the local market, shops, Spa Vermont, the Vermont Salt Cave, and other village amenities. The upper unit is accessed through the right-side entrance and features an open concept living, dining, and kitchen area, one bedroom, plus a bonus sleeping area with bunk beds, creating additional space for guests. The lower unit offers a comfortable one bedroom layout with a cozy living room, making both units ideal for vacation rentals or long-term occupancy. Guests are drawn to the property's location, just minutes from year round recreation at Jay Peak including skiing, golf, mountain biking, hiking, and the indoor waterpark. The Trout River sits just across the street, where a small sitting area provides the perfect place to enjoy morning coffee or relax by the water after a day of exploring. Offering proven short-term rental appeal, walkable village amenities, year round recreation, and no HOA or condo association fees, this is a rare opportunity to own an income-producing property in one of Northern Vermont's most desirable four season destinations.
Active under contract
Listed by: Ridgeline Real Estate • Mary Tryhorne
$259,000
92 River Street, Montgomery, VT 05471
2beds
1,334sqft
Duplex
Built in 1888
-- sqft lot
$258,000 Zestimate®
$194/sqft
$-- HOA
What's special
One bedroomComfortable one bedroom layoutQuiet paved street
- 83 days
- 34
- 1
Zillow last checked:
Listing updated:
Listed by:
Mary Tryhorne,
Ridgeline Real Estate 802-540-1366
Source: PrimeMLS,MLS#: 5099614
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Oil, Hot Air
Cooling
- None
Appliances
- Included: Dryer, Microwave, Electric Range, Gas Range, Refrigerator, Washer
Features
- Ceiling Fan(s)
- Flooring: Hardwood, Laminate
- Basement: Unfinished,Walk-Up Access
Interior area
- Total structure area: 1,787
- Total interior livable area: 1,334 sqft
- Finished area above ground: 1,334
- Finished area below ground: 0
Property
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Covered Porch
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Body of water: Trout River
Lot
- Size: 6,534 Square Feet
- Features: In Town, Neighborhood
Details
- Parcel number: 40212510451
- Zoning description: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Frame
- Foundation: Stone
- Roof: Corrugated,Metal
Condition
- New construction: No
- Year built: 1888
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: On-Site Septic Exists
- Utilities for property: Phone, Cable
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Montgomery Center
Financial & listing details
- Price per square foot: $194/sqft
- Tax assessed value: $81,400
- Annual tax amount: $1,961
- Date on market: 7/13/2026
Estimated market value
$258,000
$245,000 - $271,000
$1,572/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Listed for sale | $259,000-17.2%$194/sqft |
Source: | ||
| 2/20/2026 | Listing removed | $312,900$235/sqft |
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| 6/14/2025 | Price change | $312,900-3.7%$235/sqft |
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| 5/30/2025 | Price change | $325,000-3%$244/sqft |
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| 5/19/2025 | Listed for sale | $335,000+46.3%$251/sqft |
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| 1/2/2024 | Sold | $229,000$172/sqft |
Source: | ||
| 7/26/2023 | Contingent | $229,000$172/sqft |
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| 7/2/2023 | Listed for sale | $229,000$172/sqft |
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| 5/30/2023 | Listing removed | -- |
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| 2/2/2023 | Listed for sale | $229,000$172/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $81,400 |
Find assessor info on the county website
Monthly payment
Est. payment




