$398,000

This classic Saint Paul Street quadplex has been owned by the same family since it was built in 1942, and now it is ready for its next chapter. Inside are four townhouse-style apartments, each offering approximately 900 square feet with two bedrooms and independent hot-air heating, hot water, and electric systems. There is something refreshingly straightforward about this property. Original details remain, the spaces have not been polished into sameness, and there is plenty of opportunity for thoughtful updates over time. For an investor or owner with vision, this is the kind of property where the work can become part of the value. Outside, the approximately quarter-acre lot feels generous for the neighborhood, with a backyard that gives residents room to enjoy being outdoors and ample off-street parking. And then there is the location. Schools, the library, downtown Montpelier shops, restaurants, and everyday services are all nearby, making this an easy place to call home without feeling disconnected from the city around you. Whether you are searching for a Montpelier investment property, a Vermont multi-family home, or a project with four income-producing units and room for improvement, this one deserves a closer look. Some properties arrive finished. Others arrive full of possibility.