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52 Prospect, Montpelier, VT 05602

8 Bed, 4 Bath Multi-Family Home For Sale

52 Prospect, Montpelier, VT 05602 House For Sale - MLS #4766095
$375,000
8
4
Multi-Family
4 Family
This listing is courtesy of Graham Mink from Stowe Area Realty LLC

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Property Description for 52 Prospect, Montpelier, VT 05602

Affordable 4 unit investment property in Montpelier! Start or continue to build your rental investment portfolio in an excellent rental market that doesn't have multifamily units in this price range often. Private street that is only a few minutes walk to the downtown with views of the city. Units rent extremely quickly. Coin Operated shared laundry for the tenants. One unit on each floor with one off street parking spot for each unit. Units 3 & 4 had complete cosmetic renovations in the past 4 years. Units 1 & 2 are in very good shape as well. Fully occupied and producing stable income. Seller is a licensed real estate agent in Vermont and is selling to focus their investment area. Great cash flowing property for the savvy investor. Also listed is MLS#:4766115, a 3 unit building in Plainfield, ten minutes away. Significant cash flow for that property as well and Seller would prefer to sell as a package deal.

Interior Details

2,772 sq. ft.
$135.28/sq. ft.
20
Public
Public

Exterior Details

0.13 acres
5,663 sq. ft.
4
Wood Frame
Fieldstone; Poured Concrete

Other Details

4766095
1890
$3,750

Units Description

Unit #1
Rooms: 5      Living Area: 768 sq. ft.      Bedrooms: 2      Full / Half Baths: 1      Rent: $950     

Unit #2
Rooms: 5      Living Area: 768 sq. ft.      Bedrooms: 2      Full / Half Baths: 1      Rent: $900     

Unit #3
Rooms: 5      Living Area: 648 sq. ft.      Bedrooms: 2      Full / Half Baths: 1      Rent: $950     

Unit #4
Rooms: 5      Living Area: 600 sq. ft.      Bedrooms: 2      Full / Half Baths: 1      Rent: $950     

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Monthly Mortgage Payments

$1,703
$2,372

Town Description