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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
† 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.
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