184 Elm ST, Montpelier, VT 05602
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184 Elm ST, Montpelier, VT 05602
184 Elm ST, Montpelier, VT 05602
184 Elm ST, Montpelier, VT 05602
184 Elm ST, Montpelier, VT 05602
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Nikki Douglass

Nikki Douglass

+1(603) 557-0834
Listed by Kelly Realty Group • KW Vermont-Stowe • Phone: 802-922-6146
$ 1,100,000
Est. payment /mo
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184 Elm ST Montpelier, VT 05602

9 Beds

7 Baths

5,180 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,180 sqft

Price per Sqft $212

MLS Listing ID 5107021

Bedrooms 9

Full Baths 7

Construction Status Existing

Year Built 1850

Annual Tax Amount $17,411

Tax Year 2026

Lot Size 0.280 Acres

Acres 0.28

Property Description

Prime Montpelier Multifamily Investment Opportunity | 6 Units | 100% Occupied | Turnkey Condition. An exceptional opportunity to acquire a fully occupied six unit multifamily property on Elm Street in the heart of Montpelier, Vermont. This turnkey, income producing asset features renovated units, modern kitchens and bathrooms, strong rental demand, and immediate income from established tenancy. The property's outstanding location is within easy walking distance of downtown restaurants, shops, cafes, entertainment, employment centers, and everyday amenities. As Vermont's capital city, Montpelier benefits from a diverse and established tenant base supported by State Government, Central Vermont Medical Center, National Life Group, Cabot Creamery, educational institutions, professional services, and local businesses. Well maintained and fully occupied, the property offers investors a stabilized income producing asset with the scale and operational efficiency of six units, along with potential for continued rent growth and long term appreciation. An elevation certificate is available and does not require flood insurance, providing an additional advantage for ownership and financing. A rare opportunity to acquire a turnkey, higher end six unit investment in one of Vermont's most desirable rental markets.

Location

State VT

County Vt-washington

Area Vt-Washington

Zoning Mixed Use Residential

Rooms

Basement Entrance Walk-up

Basement Bulkhead, Crawl Space, Partial, Unfinished

Interior

Cooling Individual, Mini Split

Exterior

Utilities Available Cable

Roof Type Other,Rolled,Shingle,Standing Seam

Building

Story 2

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

Schools

Elementary Schools Union Elementary School

Middle Schools Main Street Middle School

High Schools Montpelier High School

School District Montpelier School District

PrimeMLS
Nikki Douglass

Nikki Douglass

Lead Agent/CEO License ID: 059216

+1(603) 557-0834

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184 Elm ST