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Listed by Kelly Realty Group • KW Vermont-Stowe • Phone: 802-922-6146
$1,100,000
Est. payment /mo
0.28 Acres Lot
Active
184 Elm ST Montpelier, VT 05602
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5107094
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. Also listed under Multi-Family MLS: 5107021.
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
Inclusions Barn, Land/Building
Exterior
Utilities Available Cable
Building
Sewer Public
NEARBY SCHOOLS & PROPERTIES
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