It’s also a rock solid investment. Four units, including one of the nicest owner-occupied units around. This main unit, with three bedrooms, has hardwood floors, and upgraded kitchen, and sumptuously preserved historic detail, including a marble hearth and woodwork.
The second floor two-bedroom unit has bright hardwood floors, and gets lots of natural light. … (3 comments)
montpelier investment property: Montpelier Fixer Uppers
- 11/23/10 03:50 AM
If you're looking to turn over a fixer-upper, location is going to be key. Here are three possible candidates in Montpelier. Location makes resale easier, and in the game of turning properties, minimizing holding time and carrying costs is critical. Montpelier Fixer Uppers The little one on Main Street might be the easiest--it's smaller, needs significant cosmetics, and the location should make for a quicker resale (plus, you're changing its property classification from "project" to "quality first-time buyer candidate"). The bigger one on Main Street feels like it should be a 2 or 3 family. Permit expenses will chew into your return on … (0 comments)
Vermont's a small state. Central Vermont (Montpelier, Barre, Northfield, U-32) really is a lively and transparent community. We all know someone in common, and I wanted to expand this transparency to a professional real estate oriented community website.
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