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Listing courtesy of PRIME_MLS / Monique Payne / Heney Realtors - Element Real Estate (Montpelier), Green Light Real Estate

14 Franklin

Montpelier, VT 05602

– beds
– baths
5,040 sqft
10,019 sqft lot
$123 per sqft
1850 build
– on site

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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.

Listing courtesy of PRIME_MLS / Monique Payne / Heney Realtors - Element Real Estate (Montpelier), Green Light Real Estate

Last checked: Checking… • Last updated Dec 8, 2023 •

MLS# 4968960 —

The Building

Year Built:

1850
Pre-Construction:

No
Construction:

Wood Frame
Construction Status:

Existing
Style:

Historic Vintage, Multi-Family
Roof:

Shingle - Asphalt
Exterior:

Aluminum
Foundation:

Concrete
Total Stories:

2
Total Units:

5
Approx SqFt Total:

7560
Approx SqFt Total Finished:

5,040 Sqft
Approx SqFt Finished Above Grade:

5,040 Sqft
Approx SqFt Finished Below Grade:

0 Sqft
Approx SqFt Unfinished Below Grade:

2520
Approx SqFt Unfinished Building Source:

Public Records
Approx SqFt Finished Above Grade Source:

Public Records

Interior

Basement:

Yes
Basement Description:

Full, Unfinished
Basement Access Type:

Interior
Flooring:

Carpet, Vinyl, Wood
Room 5 Type:

Month to Month

Location

Directions:

Main St. past roundabout, turn left on Franklin St. just before Main Street Middle School. Property on left.
Latitude:

44.263806287386863
Longitude:

-72.570392588954945

The Property

Property Class:

Multi-Family
Seasonal:

No
Lot Description:

City Lot, River Frontage
Lot SqFt:

10,019 Sqft
Lot Acres:

0 Sqft
Zoning:

Res 1500
Exterior Features:

Porch - Covered, Windows - Double Pane
Driveway:

Gravel
Roads:

Paved, Public
Waterfront:

Yes
Waterfront Rights:

Exclusively Owned
Water Body Name:

North Branch Winooski River
Water Body Type:

River
Water Frontage Length:

68 Sqft
Water Restrictions:

Unknown

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Rate:

2.21
Taxes TBD:

No
Tax - Gross Amount:

$10,268.28

Beds

Bedrooms - Level 4:

5
Total 2 Bedroom Units:

3

Baths

Total Full Baths:

5
Full Baths Size:

0 Sqft
Three Quarter Baths:

5
Three Quarter Baths Size:

2 Sqft
Half Baths Size:

13 Sqft
Unit 1 Baths:

1
Unit 2 Baths:

1

The Listing

Price Per SqFt:

123.02
Foreclosed/Bank-Owned/REO:

No

Heating & Cooling

Heating:

Hot Water, Radiator
Heat Fuel:

Oil
Total Heat Units:

1
Water Heater:

Electric, Shared
Total Water Heaters:

1

Utilities

Utilities:

Cable - Available, High Speed Intrnt -Avail, Telephone Available
Separate Utilities:

Varies
Sewer:

Public
Water:

Public
Electric:

Circuit Breaker(s)
Trash:

Cans, Dumpster, Owner, Recycle
Total Electric Meters:

6

Appliances

Total Refrigerators:

5

Schools

Elementary School:

Union Elementary School
Middle Or Jr High School:

Main Street Middle School
High School:

Montpelier High School
School District:

Montpelier School District

The Community

Condo Name:

Monthly
Area Description:

In Town, Neighborhood, Near Public Transportatn
Restrictions:

Pets - Cats Allowed
Covenants:

No

Parking

Parking:

Off Street, Parking Spaces 5

Extra Units

Unit 1 Rooms:

5
Unit 1 Bedrooms:

2
Unit 2 Bedrooms:

2
Total 3+ BR Units:

1
Unit 3 Rooms:

5
Unit 3 Bedrooms:

2
Unit 3 Baths:

1
Unit 4 Bedrooms:

3
Unit 4 Baths:

1
Unit 5 Rooms:

2
Unit 5 Baths:

1
Unit 1 Info:

Appliances Included, Dishwasher, Heat Included, Range - Electric, Refrigerator, Storage
Unit 2 Info:

Appliances Included, Heat Included, Range - Electric, Refrigerator
Unit 3 Info:

Appliances Included, Heat Included, Range - Electric, Refrigerator
Unit 4 Info:

Appliances Included, Heat Included, Range - Electric, Refrigerator
Unit 5 Info:

Appliances Included, Heat Included, Range - Electric, Refrigerator

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Sale history

Date	Event	Source	Price
12/8/23 Dec 8, 2023	Sold	PRIME_MLS	$620,000
10/29/23 Oct 29, 2023	Sold Subject To Contingencies	PRIME_MLS	$620,000
10/26/23 Oct 26, 2023	Listed / Active	PRIME_MLS	$620,000

Multifamily Sold on 12/8/2023

$620,000

Listing provided by broker:

Monique Payne

Heney Realtors - Element Real Estate (Montpelier), Green Light Real Estate

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Listing Courtesy of: PRIME_MLS and Heney Realtors - Element Real Estate (Montpelier), Green Light Real Estate.

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

14 Franklin

Montpelier, VT 05602