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7 Winter St, Montpelier, VT, 05602

$795,000

0.25 Acres
$169/SqFt
Land

Location

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Property Highlights

Home TypeOther
Year Built1878
HeatingPropane, Baseboard, Forced Air, Wall Furnace
CoolingNone
BasementYes
MLS #5022765
Lot Size0.25 Acres
StatusActive

About 7 Winter St

Well maintained 7 Unit building in sought after "Meadows" neighborhood between downtown and Hubbard park. 9% cap rate with room for increases in rents makes this an attractive investment. Tenants pay heat and electricity. Entirely updated electrical and recent updates make this a low maintenance solid investment. Super easy to rent these great units with quick walk to downtown and Hubbard park, yet tucked away on a quiet street. Owner went through and updated each apartment in the building as they became available over the past 14 years. Every piece of electrical replaced in that period and most of the plumbing. Extra time and care was given to updates with an eye towards quality, low maintenance and longevity. Enormous parking area gives the tenants much sought after off street parking. More than 1 unblocked parking spot per bedroom with a back yard and front yard. All the roofs other than the very upper roof have been replaced. Insulation and weatherization have been improved throughout. Pride of ownership is evident throughout this multi family. Seller is also the listing agent, a licensed real estate agent in the state of Vermont. Extremely limited assisted showing windows available. Showings 12pm to 2pm on Friday 12/6 and Monday 12/9. Property is smoke free, and mostly pet free. No cats or dogs. Super low maintenance yet attractive siding. Make an appointment as this one won't last.

Property Details

Property Features

Property Information:

  • Year Built: 1878
  • Stories: 3
  • Living Area: 4,700 SqFt

Listing Office:

  • Office Name: EXP Realty
  • Office Phone: (802) 485-9900
  • Listing Agent: JC Earle

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Propane, Baseboard, Forced Air, Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: From Downtown Montpelier head north on Main St. Take the second exit from the round about onto Spring St. Cross the north branch of the Winooski and take your first right on Elm St. Take your first Left onto Winter St. and the building is the 4th on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $795,000
  • Price Per SqFt: $169/SqFt

Tax Information:

  • Annual Amount: $7,926
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Montpelier, VT.

Med. Sold Price

$392.5K

Med. Price/SqFt

$334

# of Sold Homes

6

7 Winter St vs Montpelier

30 DAYS ON ROCKET

$795,000

+$402.5K More

$169/SqFt

-$166 Less

KEY TAKEAWAY

This property is $402.5K more than the Median Sold Price and $166/SqFt less than other homes in Montpelier, VT.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #5022765

Listing Office:

  • Office Name: EXP Realty
  • Office Phone: (802) 485-9900
  • Listing Agent: JC Earle

IDX© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site 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.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,926$290,100
2019$8,432$290,100
2018$8,113$290,100
2017$7,797$290,100

History based on county public records data.

Payment Calculator

$4,035

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,450

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-698328
4
/10
  • Union Elementary School

  • 1 Park Ave

  • 0.41 miles

  • Public District Grades PK-4

school-card-donut-698329
4
/10
  • Berlin Elementary School

  • 372 Paine Tpke N

  • 3.53 miles

  • Public District Grades PK-6

school-card-donut-698330
6
/10
  • East Montpelier Elementary School

  • 665 Vincent Flats Rd

  • 4.04 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,032. The majority of Montpelier, VT residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7 Winter St

What is the listing price of this property?

The listing price of 7 Winter St property is $795,000.

What type of property is this?

The property 7 Winter St is land located in Montpelier, Vermont, 05602.

Is this property for sale now?

Active Listing: 7 Winter St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,926 (source: MLS/based on county public records data).

How much acreage is this property?

The property 7 Winter St is 0.25 acres.
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Rocket Homes›Vermont›Washington County›Montpelier›05602›7 Winter St

This home is located at 7 Winter St in Montpelier, VT and zip code 05602. This 4,700 square foot home, which was built in 1878, sits on a 0.25 acre lot. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $795,000.

While more than 4 listings in Montpelier, VT in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below. The number of homes for sale in Montpelier, VT decreased by 25.7% between October 2024 and November 2024.

From Rocket Homes Real Estate and based on county public records data.

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