184 Elm Street,Montpelier, VT 05602
Montpelier, VT 05602
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.
Details
| MLS # | 5107021 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (31) Under Contract - Active Under Contract |
| Year | 1850 |
| Days On Site | 42 |
| Listing Provided By | KW Vermont-Stowe | Kelly Realty Group |
Features
| Basement | Y |
|---|---|
| Story(s) | 2 |
| Units | 6 |
| Zoning | Mixed Use Residential |
| Acreage | 0.28 |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling | Individual, Mini Split |
| Heating | Oil, Mini Split |
Exterior
| Roof | Other, Rolled/Hot Mop, Shingle, Standing Seam |
|---|---|
| Construction Materials | Wood Frame, Clapboard Exterior |
| Foundation Details | Stone |
| Lot Features | Landscaped, Sidewalks, In Town, Near Shopping, Neighborhood, Near Hospital, Near School(s) |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Cable |
|---|---|
| Electric | Circuit Breakers |
| Sewer | Public |
Taxes
| Tax Annual Amount | 17411.24 |
|---|---|
| Tax Year | 2026 |
Area Information
| State | VT |
|---|---|
| County | Washington |
| City | Montpelier |
| Zip Code | 05602 |
| Area | VT Washington |
| School District | Montpelier School District |
| Elementary School | Union Elementary School |
| High School | Montpelier High School |
| Listing VS Median (in 05602) | |
Price: $1,100,000 low | high Med: $0 On site: 42 low | high Med: | |
Market Activity 05602
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Learn More About This Property
| State | VT |
|---|---|
| County | Washington |
| City | Montpelier |
| Zip Code | 05602 |
| Area | VT Washington |
| School District | Montpelier School District |
| Elementary School | Union Elementary School |
| High School | Montpelier High School |
| Listing VS Median (in 05602) | |
Price: $1,100,000 low | high Med: $0 On site: 42 low | high Med: | |
