Bought with Kelly Realty Group • KW Vermont-Stowe
$1,050,000
$1,100,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
184 Elm ST Montpelier, VT 05602
9 Beds
7 Baths
5,180 SqFt
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,180 sqft
Price per Sqft $202
MLS Listing ID 5107021
Sold Date 11/10/26
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
Others
Financing Conventional
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