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  • Listed by: 

    Martha Lange,

    BHHS Vermont Realty Group/Montpelier 802-223-6302

    Price cut: $4K (8/1)
    $375,000

    371 River Street, Montpelier, VT 05602

    3beds
    1,316sqft
    : 
    Single Family Residence
    Built in 1934
    1.12 Acres Lot
    $370,200 Zestimate®
    $285/sqft
    $-- HOA

    What's special

    Mud roomDining roomHardwood floorsMain floor bedroomUpdated bathroom
    Tax bill dropped $3k this tax year! Unique property with many possibilities. It has an amazing 300 ft of road frontage and exposure. Live in the home and have the storage units pay your expenses. Or rent the house to tenants or a business to add to the income from the storage units. This property just went through a change of use permit (attached) from Commercial to Residential zoning. The very well maintained 1934 three-bedroom, one bathroom cape home has been getting $2,000-2,600./month with all utilities included. The home has been an office building for several businesses in the past. The home has hardwood floors, a main floor bedroom, living room, mud room, den, dining room, closet with stackable laundry unit, kitchen with back door access and an updated bathroom. The house does not have direct entry to the basement that is accessed by a private locked door in the lower parking area of the circular paved driveway. There are 4 inside locked storage units in the basement that bring in $240/month total. Next to the house, there are 11 storage units in a single building and they are of varying sizes. That building currently generates $755/month. The leases are month to month. All units are likely to be charging under market rates, but there are many long term renters.
    89 days
    on Zillow
    |
    574
    |
    15
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 01, 2025 at 05:37am

    Listed by:

    Martha Lange,

    BHHS Vermont Realty Group/Montpelier 802-223-6302

    Source: PrimeMLS,MLS#: 5040756MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 371 River Street.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Hot Air
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Carpet, Hardwood, Vinyl
    • Basement: Assigned Storage,Locked Storage,Unfinished,Walkout,Walk-Out Access
    Interior area
    • Total structure area: 2,191
    • Total interior livable area: 1,316 sqft
    • Finished area above ground: 1,316
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Circular Driveway, Paved
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Frontage length: Road frontage: 300
    Lot
    • Size: 1.12 Acres
    • Features: City Lot, Corner Lot, Rental Complex
    Details
    • Additional structures: Outbuilding
    • Zoning description: Residential, Eastern Gtwy

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Concrete
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1934

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Utilities for property: Cable at Site

    Community & HOA

    Location
    • Region: Montpelier

    Financial & listing details

    • Price per square foot: $285/sqft
    • Tax assessed value: $523,300
    • Annual tax amount: $9,447
    • Date on market: 5/14/2025
    • Road surface type: Paved
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