Listed by Ray Mikus and Bailey Kuban of Green Light Real Estate - Montpelier
Unique opportunity to own a high quality multifamily investment property in a highly desirable neighborhood, that's high above the downtown. This building features 3 units. The first floor is a three bedroom, 1.75 bathroom refreshed apartment with a partially finished walkout basement. Most recently rented for $1200 with heat included. The second floor is a two bedroom unit, currently rented at $1100 with heat included. And the third floor is a studio apartment that rents for $700, with the tenant paying heat. This building has been well maintained, and carefully updated with an eye toward city compliance and satisfied, long term tenants. Off street parking in the wraparound driveway, and also a 2 car detached garage (additional parking and/or storage). Very desirable neighborhood, consisting primarily of single family homes. The current rental market suggests that each of these units has significant upside in rent, with unusually little in the way of deferred maintenance. 48 hour notice for showings, no exceptions, please.

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Copyright 2025 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. Data last updated June 14, 2025 1:07 AM EDT

 

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