131-133 Elm Street Montpelier, Vermont 05602 MLS# 4987860

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For Sale Status

$545,000 List Price

Multi Type

3 Beds

5 Baths

4,645 Sqft

Listed By Jessica Laffal of Element Real Estate
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Washington County

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131-133 Elm Street

Attention investors! Classic historic building, with mixed commercial/office and residential use, in a convenient downtown Montpelier location. The unit mix includes three 1-bedroom apartments, and an assortment of small private offices and suites. Potential to expand the residential use. Some units are leased and some vacant, offering flexible opportunity for the future owner. Charming historic wood details, nice natural light, small shared backyard, and river views. Flood protection measures in place, including raised boiler and electric panel. New boiler and mansard roof within the last year. Agent is related to the seller.

Property Location

131-133 Elm Street Montpelier

Property Details

MLS#  4987860 Bedrooms  3 Garage Size   Car
List Price  545,000 Total Bathrooms  5 Year Built  1900
Type  Multi-Family Lot Size  0.1200 Acres Taxes $13,244
Units  6 Stories  3 Road Frontage  
Annual Income  $0 Style   Water Frontage  
Annual Expenses  $0 Finished  4,645 Sqft Construction  No, Existing
Zoning   Residential/Commercial Above Grade  4,645 Sqft Seasonal  No
Total Rooms  3 Below Grade  0 Sqft List Date  Mar 13th, 2024
Gross Income  $0 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $0/Mo Unit 2   1 Beds, 1 Baths, $925/Monthly
Unit 3   1 Beds, 1 Baths, $0/Mo Unit 4   0 Beds, 1 Baths, $0/Mo
Unit 5   Beds, 1 Baths, $0/Mo
Construction
BasementInterior, Sump Pump, Full, Concrete
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Concrete House Color  Gray
Floors  Carpet, Vinyl, Vinyl Plank Building Certifications  
Roof  Shingle-Architectural, Membrane HERS Index  
DirectionsFrom Memorial Drive, turn left onto Bailey Ave/Bailey Ave Ext, then turn right onto State St. Turn left onto Elm St, property will be on your right.
Lot DescriptionUnknown, Commercial Zoning, Business District
Garage & Parking  No, Leased, 2 Parking Spaces, 4 Parking Spaces, Parking Spaces 4
Road Frontage   Water Access  
Driveway  Paved Water Type  River
Flood Zone  Yes Water Body  
Zoning  Residential/Commercial
School District  Montpelier School District Middle  Main Street Middle School
Elementary  Union Elementary School High  Montpelier High School
Heat Fuel  , Gas-Lp/Bottle Excluded  
Heating/Cool  None, Baseboard, Multi Zone Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  Property Disclosure, Other, Deed
Electric  Circuit Breaker Tax ID  405-126-11728
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† The remarks published on this webpage originate from Listed By Jessica Laffal of Element Real Estate via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.