43 E State Street, Montpelier, VT 05602
Local realty services provided by:ERA Key Realty Services
43 E State Street,Montpelier, VT 05602
$649,000
- 5 Beds
 - 4 Baths
 - 2,793 sq. ft.
 - Multi-family
 - Active
 
Listed by:jeanne felmly
Office:dome real estate group llc.
MLS#:5017370
Source:PrimeMLS
Price summary
- Price:$649,000
 - Price per sq. ft.:$186.39
 
About this home
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.
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Home facts
- Year built:1877
 - Listing ID #:5017370
 - Added:389 day(s) ago
 - Updated:October 27, 2025 at 03:44 PM
 
Rooms and interior
- Bedrooms:5
 - Total bathrooms:4
 - Full bathrooms:4
 - Living area:2,793 sq. ft.
 
Heating and cooling
- Heating:Gas Heater
 
Structure and exterior
- Roof:Membrane
 - Year built:1877
 - Building area:2,793 sq. ft.
 - Lot area:0.24 Acres
 
Schools
- High school:Montpelier High School
 - Middle school:Main Street Middle School
 - Elementary school:Union Elementary School
 
Utilities
- Sewer:Public Available
 
Finances and disclosures
- Price:$649,000
 - Price per sq. ft.:$186.39
 - Tax amount:$10,540 (2024)
 
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