Excellent opportunity to own prime commercial/residential space in Montpelier near I89, public transportation, schools, CVMC Hospital and shopping. The 6,686 square foot building is currently comprised of 13 offices and 6 airbnb rooms, one full bath, one 3/4 bath and two half baths (one handicap accessible), two kitchenettes and over 30 parking spaces. There are many preserved original details throughout the front portion of the building including a spectacular two level porch with dramatic columns. This property has prime road frontage on Route 2/State Street and ample signage. It's is a 5 minute walk to the State House and center of town. Perfect for investment, conversion to rental property or 1031 exchange! The July flooding did affect the building but it has been restored and renovated as is ready for immediate occupancy. Also listed as commercial: MLS#4985913.
Property Details
Property Features
Property Information:
Year Built: 1860
Stories: 2
Living Area: 6,686 SqFt
Listing Office:
Office Name: Dome Real Estate Group LLC
Office Phone: (802) 793-8370
Listing Agent: Jeanne Felmly
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Carpet, Hardwood, Laminate
Exterior Features
Exterior Information:
Exterior: Handicap Modified, Porch - Covered
Parking Information:
Parking: Driveway, Parking Spaces 21+, Paved
Lot Features
Lot Information:
Lot Size: 0.48 Acres
Utilities
Utilities Information:
Heating: Hot Water
School Info
Assigned Schools Information:
Main Street School, Public District Grades 6-8
Union Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: From I89, take exit 8 toward Montpelier/US 2 onto Memorial Drive. Go 1 mile. Turn left onto Bailey Ave Ext, then left onto State Street. Second house on right, sign on property.
Price Information
Listing Price Info
Price Summary:
List Price: $975,000
Price Per SqFt: $146/SqFt
Tax Information:
Annual Amount: $17,575
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
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: 4/28/2024, 11:25:15 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
$17,575
$643,300
2019
$18,698
$643,300
2018
$17,991
$643,300
2017
$17,290
$643,300
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,934
Per Month
Principal & Interest
$4,867
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,990
Powered By
Advertisement
NMLS#3030
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.
Elementary School
6
/10
Union Elementary School
1 Park Ave
Distance between this listing and this school0.73 miles
Public District Grades PK-5
Middle School
8
/10
Main Street School
170 Main St
Distance between this listing and this school0.78 miles
Public District Grades 6-8
Assigned Schools
6
/10
Union Elementary School
1 Park Ave
Distance between this listing and this school0.73 miles
Public District Grades PK-5
Nearby Schools
5
/10
Berlin Elementary School
372 Paine Tpke N
Distance between this listing and this school3.39 miles
Public District Grades PK-6
7
/10
East Montpelier Elementary School
665 Vincent Flats Rd
Distance between this listing and this school4.75 miles
Public District Grades PK-6
Assigned Schools
8
/10
Main Street School
170 Main St
Distance between this listing and this school0.78 miles
Public District Grades 6-8
Nearby Schools
5
/10
Barre City Elementary/Middle School
50 Parkside Ter
Distance between this listing and this school6.72 miles
Public District Grades PK-8
8
/10
Barre Town Elementary School
70 Websterville Rd
Distance between this listing and this school8.15 miles
Public District Grades PK-8
Nearby Schools
6
/10
U-32 High School (Uhsd #32)
930 Gallison Hill Rd
Distance between this listing and this school3.16 miles
Public District Grades 7-12
8
/10
Spaulding Uhsd #41
155 Ayers St
Distance between this listing and this school6.79 miles
Public District Grades 9-12
5
/10
Northfield Middle/High School
37 Cross St Unit 2
Distance between this listing and this school8.42 miles
The neighbors living near this home have an average income of $65,824. Residents of Montpelier, VT typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 149 State St
What is the listing price of this property?
The listing price of 149 State St property is $975,000.
What type of property is this?
The property 149 State St is land located in Montpelier, Vermont, 05602.
Is this property for sale now?
Active Listing: 149 State St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 149 State St are: Union Elementary School: GreatSchools Rating 6/10Main Street School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $17,575 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 149 State St in Montpelier, VT and zip code 05602. This 6,686 square foot home, which was built in 1860, sits on a 0.48 acre lot. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $975,000.
Montpelier, VT housing market in March 2024 saw over 2 listings sold above listed price, more than 2 sold at listed price and over 1 sold below. The number of listings in Montpelier, VT increased by 11.1% between February 2024 and March 2024.
From Rocket Homes Real Estate and based on county public records data.
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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. 
Pro Wrestling
Pro Wrestling
College Football
PGA/LPGA
Family Dollar
Express/Express For Men
Stein Mart
Dominos Pizza
Sonic
Cracker Barrel
Ford
Kia
Lexus
New Country
Oldies
Adult Hits