184 Elm Street, Montpelier, VT 05602
Local realty services provided by:ERA Key Realty Services
184 Elm Street,Montpelier, VT 05602
$1,100,000
- 9 Beds
- - Baths
- 5,180 sq. ft.
- Multi-family
- Active
Listed by: kelly realty groupPhone: 802-922-6146
Office: kw vermont-stowe802-760-3100
MLS#:5107021
Source:PrimeMLS
Price summary
- Price:$1,100,000
- Price per sq. ft.:$166.01
About this home
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....
Contact an agent
Home facts
- Year built:1850
- Listing ID #:5107021
- Added:56 day(s) ago
- Updated:October 23, 2026 at 10:53 AM
Rooms and interior
- Bedrooms:9
- Basement Description:Bulkhead, Crawl Space, Partial, Unfinished, Walk-up
- Living area:5,180 sq. ft.
Heating and cooling
- Cooling:Individual, Mini Split
- Heating:Mini Split, Oil
Structure and exterior
- Roof:Rolled, Shingle, Standing Seam
- Year built:1850
- Building area:5,180 sq. ft.
- Lot area:0.28 Acres
- Levels:2 Story
Schools
- High school:Montpelier High School
- Middle school:Main Street Middle School
- Elementary school:Union Elementary School
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$166.01
- Tax amount:$17,411 (2026)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Gravel Driveway
New listings near 184 Elm Street
- New
$385,000Active3 beds 2 baths1,410 sq. ft.113 Freedom Drive, Montpelier, VT 05602
MLS# 5114961Listed by: DOME REAL ESTATE GROUP LLC - New
$430,000Active3 beds 2 baths1,559 sq. ft.15 Merrill Terrace, Montpelier, VT 05602
MLS# 5114835Listed by: COLDWELL BANKER HICKOK & BOARDMAN / E. MONTPELIER - New
$239,000Active3 beds 2 baths1,248 sq. ft.16 Overlook Drive, Montpelier, VT 05602
MLS# 5114560Listed by: HENEY REALTORS - ELEMENT REAL ESTATE (BARRE)
$535,000Pending3 beds 2 baths2,017 sq. ft.55 Terrace Street, Montpelier, VT 05602
MLS# 5114551Listed by: COLDWELL BANKER HICKOK & BOARDMAN / E. MONTPELIER- New
$275,000Active3 beds 2 baths1,566 sq. ft.6 Lague Drive, Montpelier, VT 05602
MLS# 5114380Listed by: NORTHERN VERMONT REALTY GROUP - New
$499,000Active3 beds 3 baths1,579 sq. ft.3 Moonlight Terrace, Montpelier, VT 05602
MLS# 5114273Listed by: BLUE SLATE REALTY - New
$319,000Active3 beds 2 baths1,575 sq. ft.10 Hillside Avenue, Montpelier, VT 05602
MLS# 5113958Listed by: HENEY REALTORS - ELEMENT REAL ESTATE (MONTPELIER)
$795,000Active6 beds 3 baths3,679 sq. ft.240 Towne Hill Road, Montpelier, VT 05602
MLS# 5113441Listed by: HENEY REALTORS - ELEMENT REAL ESTATE (MONTPELIER)- Open Sat, 11am to 1pm
$329,000Active2 beds 2 baths1,122 sq. ft.101 Freedom Drive, Montpelier, VT 05602
MLS# 5113442Listed by: CENTRAL VERMONT REAL ESTATE
$379,000Active3 beds 2 baths1,496 sq. ft.9 Bingham Street, Montpelier, VT 05602
MLS# 5112859Listed by: HARRINGTON REALTY