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.
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.
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
YEAR
PROP. TAX
ASSESSMENT
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.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Union Elementary School
1 Park Ave
Distance between this listing and this school0.41 miles
Public District Grades PK-4
4
/10
Berlin Elementary School
372 Paine Tpke N
Distance between this listing and this school3.53 miles
Public District Grades PK-6
6
/10
East Montpelier Elementary School
665 Vincent Flats Rd
Distance between this listing and this school4.04 miles
Public District Grades PK-6
Nearby Schools
6
/10
Main Street Middle School
170 Main St
Distance between this listing and this school0.19 miles
Public District Grades 5-8
5
/10
Barre City Elementary & Middle School
50 Parkside Ter
Distance between this listing and this school6.50 miles
Public District Grades PK-8
7
/10
Barre Town Middle & Elementary School
70 Websterville Rd
Distance between this listing and this school7.97 miles
Public District Grades PK-8
Nearby Schools
6
/10
Montpelier High School
5 High School Dr
Distance between this listing and this school0.85 miles
Public District Grades 9-12
5
/10
U - 32 Middle & High School
930 Gallison Hill Rd
Distance between this listing and this school2.64 miles
Public District Grades 9-12
5
/10
Spaulding High School
155 Ayers St
Distance between this listing and this school6.53 miles
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).
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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.