43 E State St, Montpelier, VT 05602

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Listing courtesy of Jeanne Felmly from Dome Real Estate Group LLC. ()

Listing sold by from Ridgeline Real Estate

Sold Price
$649,000
List Price
$649,000
Status
CLOSED
MLS#
5017370
Closing Date
Jan 05, 2026
Living Area
2,793
Lot Size
10,454
Acres
0.24
Year Built
1877

Property Description

Exceptional Investment Opportunity in the Heart of Downtown Montpelier!This four-unit multifamily property offers a rare chance to own a well-maintained income producer in Vermont’s vibrant capital city. Completely renovated in 1984—with a poured concrete foundation, new electrical, and modern plumbing—this property has been carefully maintained for over 40 years by the same owner. Three of the four spacious units feature beautiful hardwood flooring and each has its own designated off-street parking space. Tenants enjoy unbeatable convenience with public transportation, shopping, dining, bars, the hospital, and the I-89 corridor all just minutes away.Whether you’re seeking a solid addition to your portfolio or a seamless 1031 exchange opportunity, this property is a standout. Thoughtfully cared for and ideally located, it’s a perfect fit for the discerning investor.

Additional Information

Taxes
$10,540
Listing Agent
Jeanne Felmly
Listing Office
Dome Real Estate Group LLC
Style
Apartment
School District
Montpelier School District
Elementary School
Union Elementary School
Middle School
Main Street Middle School
High School
Montpelier High School
Exterior Features
Covered Porch
Electric
Service - 0 to 100 Amps
Utilities
Propane
Basement
Interior Stairs, Unfinished, Interior Entry
Foundation
Concrete
Sewer
Public Sewer
Roof
Membrane
Zoning
RESD 1
Water
Public

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