1 of 8

Want to see this property?

Listing courtesy of PRIME_MLS / Jeanne Felmly / Dome Real Estate Group LLC

43 E State

Montpelier, VT 05602

– beds
– baths
2,793 sqft
10,454 sqft lot
$232 per sqft
1877 build
– on site

Exceptional opportunity to purchase a four unit multi family in the heart of downtown Montpelier! Completely renovated in 1984, including a poured concrete foundation and new electric and plumbing, this income producing property is ready for new ownership after over 40 years. Three of the four units have beautiful hardwood flooring throughout as well as assigned off street parking. Convenient to all amenities: public transportation, shopping, dining/bars, hospital and the I89 corridor. A perfect candidate for a 1031 exchange. This offering has been thoughtfully cared for over the decades and will be the perfect fit for the discerning investor.

Listing courtesy of PRIME_MLS / Jeanne Felmly / Dome Real Estate Group LLC

Last checked: Checking… • Last updated Oct 15, 2024 •

MLS# 5017370 —

The Building

Year Built:

1877
Pre-Construction:

No
Construction Status:

Existing
Construction Materials:

Clapboard Exterior
Architectural Style:

Apartment Building
Roof:

Membrane
Foundation:

Concrete
Total Stories:

2
Total Units:

4
Approx SqFt Total:

3482
Approx SqFt Total Finished:

2,793 Sqft
Approx SqFt Finished Above Grade:

2,793 Sqft
Approx SqFt Finished Below Grade:

0 Sqft
Approx SqFt Unfinished Above Grade Source:

Public Records
Approx SqFt Unfinished Below Grade:

689
Approx SqFt Finished Building Source:

Public Records
Approx SqFt Unfinished Building Source:

Public Records
Approx SqFt Finished Above Grade Source:

Public Records

Interior

Basement:

Yes
Basement Description:

Interior Access, Stairs - Interior, Unfinished
Basement Access Type:

Interior
Flooring:

Ceramic Tile, Carpet, Hardwood, Vinyl
Room 5 Type:

Leased

Location

Directions:

From Main Street in downtown, turn onto East State Street. Go 0.1 mile, property on right.
Latitude:

44.259146477260757
Longitude:

-72.573280915344242

The Property

Property Class:

Multi-Family
Seasonal:

No
Lot SqFt:

10,454 Sqft
Lot Acres:

0 Sqft
Zoning:

RESD 1
Exterior Features:

Porch - Covered
Driveway:

Paved
Roads:

Paved, Public
Road Frontage:

Yes
Road Frontage Length:

85 Sqft
Lot Features:

City Lot, Sidewalks

Listing Agent

Contact info:

Taxes

Tax Year:

2024-2025
Tax Year:

2024
Taxes TBD:

No
Tax - Gross Amount:

$10,608.84

Beds

Bedrooms - Level 4:

4
Total 2 Bedroom Units:

1

Baths

Total Full Baths:

4
Three Quarter Baths:

3
Half Baths Size:

12 Sqft
Unit 1 Baths:

1
Unit 2 Baths:

1

The Listing

Price Per SqFt:

232.37
Foreclosed/Bank-Owned/REO:

No

Heating & Cooling

Heating:

Gas Heater
Heat Fuel:

Gas - LP/Bottle
Total Heat Units:

5
Total Water Heaters:

4
Fuel Company:

Gillespie

Utilities

Utilities:

Gas - LP/Bottle
Separate Utilities:

Yes
Sewer:

Public
Electric:

100 Amp
Water Source:

Public
Total Gas Meters:

4
Total Electric Meters:

4

Appliances

Appliances:

Water Heater – Electric
Total Refrigerators:

4

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

Area Description:

Business District, Historic District, In Town, Neighborhood, Near Hospital, Near Public Transportatn, Near Shopping
Covenants:

Unknown
Easements:

Yes
Assessment Year:

2023
Assessment Amount:

438800

Parking

Garage:

Yes
Garage Capacity:

2
Parking:

Assigned, Off Street

Extra Units

Unit 1 Rooms:

3
Unit 1 Bedrooms:

1
Unit 2 Bedrooms:

2
Unit 3 Rooms:

3
Unit 3 Bedrooms:

1
Unit 3 Baths:

1
Unit 4 Bedrooms:

1
Unit 4 Baths:

1
Unit 1 Info:

Appliances Included, CO Detector, Heat Included, Range - Electric, Refrigerator, Smoke Detector
Unit 2 Info:

Appliances Included, Dishwasher, Dryer, Heat Included, Porch, Range - Electric, Refrigerator, Washer
Unit 3 Info:

Appliances Included, CO Detector, Range - Electric, Refrigerator, Smoke Detector
Unit 4 Info:

Appliances Included, CO Detector, Range - Electric, Refrigerator, Smoke Detector

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Consolidated Communications

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
10/4/24 Oct 4, 2024	Listed / Active	PRIME_MLS	$649,000

Want a closer look?

Go see 43 E State

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Montpelier, VT

Similar sold homes

This multifamily located in College Hill, Montpelier, VT 05602 is currently for sale for $649,000. 43 E State is a 2,793 square foot multifamily with – beds and – baths that has been on Estately for 50 days. 43 E State is in the College Hill neighborhood of Montpelier and has a WalkScore® of 90, making it a walker’s paradise. This multifamily is in the attendance area of Roxbury Village School.

Listing Courtesy of: PRIME_MLS and Dome Real Estate Group LLC.

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.