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Ashley Gile

ashley@ashleygile.com +1(603) 851-7452

Listed By Kelly Realty Group KW Vermont-Stowe Phone: 802-922-6146

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

MLS Listing ID 5107021

Style Multi-Family

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 Bulkhead, Crawl Space, Partial, Unfinished

Interior

Heating Oil, Mini Split

Cooling Individual, Mini Split

Exterior

Parking Features No

Utilities Available Cable

Roof Type Other,Rolled,Shingle,Standing Seam

Building

Lot Description Landscaped, Sidewalks, In Town, Near Shopping, Neighborhood, Near Hospital, Near School(s)

Story 2

Sewer Public

Water 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

Ashley Gile

Agent

+1(603) 851-7452

Ashley Gile

184 Elm ST Montpelier, VT 05602

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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184 Elm ST

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