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Triplex with Barn and Offices
For Sale
$349,000

2892 US Route 2 East, Montpelier, VT 05651

Updated three-unit property with auxiliary barn space, dedicated offices, private outdoor areas, and on-site parking.

Property SizeContact for details
Days on Market116

Property Features for 2892 US Route 2 East

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Amenities

barn
office spaces
private porch
back deck
Mini Split
Hot Water
Propane
Boiler
Baseboard
Heat Pump
Electric Water Heater
Separate Water Heater
Deck, Garden, Porch, Cable at Site, Propane, Standing Seam

Building Details

Year Built 1880
Listing Agency: Green Light Real Estate
Listed By: Lauren Gould
Source: Kw
Added: May 13 Changed: Sep 4 Last Checked: Sep 4 at 3:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Green Light Real Estate

Investment Insights

Based on property information with market context.

This triplex combines three residential units with a substantial barn that adds flexible utility to the property. The unit mix includes two two-bedroom, one-bath residences and a recently added one-bedroom, one-bath unit. Features include separate living and dining rooms in Unit 1, a private porch, a large rear deck, and two heat pumps in the newer apartment. One of the two-bedroom units has a long-term tenant in place.

The barn contains two separate office rooms, each served by its own heat pump, and can provide storage or additional usable space. Major property improvements include replacement windows, updated electrical and plumbing systems, a new heating system, and a new septic system. The site includes a 1+ acre yard, a large driveway for parking, garden space, and cable service at the property. Located at 2892 US Route 2, East, Montpelier, VT 05651, the property was built in 1880.

Key Highlights

  • Three‑unit property with two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
  • Recently added 1‑bedroom/1‑bath unit with 2 heat pumps and a large back deck
  • Barn includes 2 dedicated office spaces, each with a separate heat pump

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service Building Supply Auto Repair Shop Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

Demographics for 05651, VT

1,503
Population
727
Households
2.1
Avg Household Size
47
Median Age
43%
College-Educated
97%
High-School Grad
16.8 sq mi
ZIP Area
89
Density / Sq Mi
$92,813
Median Household Income
$45,461
Median Earnings
$1,027
Median Rent
$324,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Updated three-unit property with auxiliary barn space, dedicated offices, private outdoor areas, and on-site parking.
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: Three‑unit property with two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit; Recently added 1‑bedroom/1‑bath unit with 2 heat pumps and a large back deck; Barn includes 2 dedicated office spaces, each with a separate heat pump
More about this property
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