Link Copied
$379,000

Added 2 months ago

371 River St, Montpelier, VT

House

For Sale

Listed price in listed location currency (USD).
$379,000

Added 2 months ago

311316 sqft0

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1316 sqft
Garage No
Taxes $12,652
Days Active 70
Lot Size 
Approx. Age 1934
Avg. Price Per Sqft $287
MLS® Number 5040756

Property Address: 371 River St, Montpelier, Vermont

Average square foot calculated using Size range provided by listing agent.

Description

Unique property with many possibilities. It has amazing road frontage and exposure with approx. 300 feet of road frontage. Live in the home and have the storage units pay your expenses. Or rent the house to tenants or a business to add to the income from the storage units. This property just went through a change of use permit (attached) from Commercial to Residential zoning. The sellers filed a grievance and the assessment was reduced $130, 000. For 2025-26. The very well maintained 1934 three-bedroom, one bathroom cape home is currently being used for tenant rental and has been getting $2, 600./month with all utilities included. The home has been an office building for several businesses in the past. The home has hardwood floors, a main floor bedroom, living room, mud room, den, dining room, closet with stackable laundry unit, kitchen with back door access and an updated bathroom. The house does not have direct entry to the basement that is accessed by a private locked door in the lower parking area of the circular paved driveway. There are 4 inside locked storage units in the basement that bring in $240/month total. Next to the house, there are 11 storage units in a single building and they are of varying sizes. That building currently generates $755/month. The leases are month to month. All units are likely to be charging under market rates, but there are many long term renters. No current tenant.
MLS® Number5040756
Laundry Level
Central VacNo
FireplaceNo
Acreage1.12
ExteriorOutbuilding
GarageNo
Approx. Age1934
BasementStorage - Assigned, Storage - Locked, Unfinished, Walkout
Driveway
Garage Spaces
Heatundefined, Hot Air
A/CNone
Heating Fuel

Extras

371 River St, Montpelier, VT

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing