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Three-Unit Residential Income Property

2892 US Route 2 East Montpelier, VT 05651

2892 US Route 2, East Montpelier, VT, 05651
$349,000
For Sale
Under Contract
$349,000

MULTI_FAMILY - Other - East Montpelier, VT

Property Size3,035 SF
Lot Size1.01 Acres
Price / SF$114.99
Days on Market73

Property Features for 2892 US Route 2

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Res and Commercial
Bedrooms
5
Bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 5, Basement, Bathroom 1, Bedroom 3
Patio and Porch features
Deck, Porch
Exterior features
Barn, Deck, Garden Space, Porch
Appliances
Electric Water Heater, Separate Water Heater
Standard status
Active Under Contract
Size
3,035 SF
Lot size
1.01 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
7563

Utilities

Utilities
Propane
Sewer type
Mound Septic
Heating system
Hot Water(Heating), Baseboard, Propane (Heating), Heat Pump (Heating), Ductless (Heating), Oil
Cooling system
Zoned, Ductless
Water source
Public

Building Details

Year built
1880
Floors in Building
2
Number of units
3
Flooring type
Laminate, Hardwood
Building materials
Wood Frame, Wood Siding
Architectural style
Other
Listing agency Green Light Real Estate
Listed by Lauren Gould
Added: May 12 Updated: Jul 11 at 3:35AM Checked: Jul 23 at 6:06AM
MLS# 5088347

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This three-unit residential income property includes multiple recent improvements, including new windows, a new heating system, updated electrical, new plumbing, and a new septic system. The barn on site provides additional storage and includes two dedicated office spaces, each with its own separate heat pump. Unit 1 features two bedrooms and one bathroom, a private porch, and separate living and dining rooms. Unit 2, with two bedrooms and one bathroom, is located upstairs and has a long-term tenant in place. A one-bedroom, one-bath unit was recently added and includes a large back deck overlooking the yard, with two heat pumps and forced hot water heat.

The property sits on a 1.01-acre lot and has a large driveway providing ample parking. It is located at 2892 US Route 2 in East Montpelier, Vermont.

Key Highlights

  • 3‑unit multifamily built in 1880 with wood frame and wood siding
  • Upgrades reported: new windows, updated electrical, new plumbing, and new septic system
  • Heating and cooling include propane service, multiple heat pumps, ductless options, baseboard, and zoned cooling

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Auto Repair Shop Parking Lot & Garage Auto Parts Store Storage Facility Furniture & Home Goods Grocery & Convenience Store Real Estate Agency Daycare Center Building Supply Fish Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three-unit multifamily property with major upgrades including new windows, updated systems, and a barn with dedicated office spaces.
Where is this triplex located?
The property is located at 2892 US Route 2 East Montpelier, VT.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 3‑unit multifamily built in 1880 with wood frame and wood siding; Upgrades reported: new windows, updated electrical, new plumbing, and new septic system; Heating and cooling include propane service, multiple heat pumps, ductless options, baseboard, and zoned cooling
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