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      281-285 River StreetMontpelier, VT 05602MLS Number 4681984

      • Price: $525,000The price has recently decreased
      • 120 Days on Market
      PrintSave Favorite
      Price Down Payment Interest Rate Years

      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.52% last updated on 2018-07-19

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      • 5.86Acreage
      • 1900Year Built
      • 7Vacancy
      • 7Units

      Rare opportunity to own a Montpelier commercial property on a 5.86 acre parcel. Conveniently located at the junction of Route 2 and Route 302. The property has three separate buildings with 7 rental units and potential for 8 more. One building contains 6 apartments; two 2-bedroom units, three efficiency units and one 1-bedroom unit. There is also a 2-bedroom cottage. The units in both of these buildings are currently occupied. The third building needs extensive renovation, is vacant and contains 8 efficiency units. The 6 unit building and the cottage have had significant upgrades and new roofs in 2010 and 2011. Buyers use your imagination. There is so much potential here! The seller is a licensed Vermont real estate agent.

      Listed by Michelle Hebert of William Raveis Barre

      Driving Directions

      Green Light Real Estate

      Your Local Office

      Green Light Real Estate
      17 State Street
      Montpelier VT, 05602

      Office: 802-225-6425

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      More Info


      • Parking Spaces


      • Year Built1900
      • Vacancy7
      • ConstructionWood Frame
      • Units7
      • FoundationConcrete, Post/Piers, Slab - Concrete
      • Available Sqft4965
      • BasementConcrete Floor, Dirt Floor, Sump Pump, Unfinished


      • ExteriorVinyl Siding, Wood Siding
      • RoofMetal, Shingle - Architectural

      Basic Information

      • StatusACT
      • Date Listed2018-03-22T00:00:00
      • Modification Date07/09/2018
      • TypeMulti-Family
      • List Price$525,000
      • Agent NameHebert
      • Broker NameWilliam Raveis Barre
      • Listing Agent NameMichelle Hebert
      • Lister Office NameWilliam Raveis Barre
      • MLS Number4681984


      • FuelGas - LP/Bottle, Oil
      • Heating CoolingBaseboard, Gas Heater
      • Phone CompanyXfinity


      • Building Number281-285
      • StreetRiver
      • TownMontpelier
      • StateVT
      • Zip05602
      • CountyWashington


      • Acreage5.86
      • Property TypeCommercial Sale
      • AreaCommercial Zoning, Near Golf Course, Near Shopping, Near Public Transportatn
      • Lot Sqft255262
      • Road Frontage787
      • SignageNone


      • Number of Photos4


      • bloggingNo
      • Book592
      • Page82-83
      • Delayed ShowingsNo
      • View Count16

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