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Attention investors! Classic historic building, in a convenient downtown Montpelier location. The three leased 1-bedroom apartments, and a vacant flexible mixed use space. 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
Sold Price $400,000
Sold Date Aug 29th, 2025
List Price 400,000
Bedrooms 3
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 4
Year Built 1900
MLS# 5021802
Lot Size 0.12 Acres
Taxes $14,481
Type Multi-Family
Days on Market 589 Days
Tax Year 2024
Units 4
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 Nov 11th, 2024
Gross Income $0
Operating Expenses $0
Net Income $0
Expenses Includes
Unit 1 1 Beds, 1 Baths, $1,200/Monthly
Unit 2 1 Beds, 1 Baths, $950/Monthly
Unit 3 1 Beds, 1 Baths, $1,100/Monthly
Unit 4 0 Beds, 1 Baths, $0/Mo
Construction
BasementInterior, Sump Pump, Full, Concrete
Interior Features
Exterior Features
Exterior
Disability Features
Foundation
House Color Gray
Floors Carpet, Vinyl, Vinyl Plank
Building Certifications
Roof Membrane, Architectural Shingle
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 Description, In Town
Garage & Parking No
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
Excluded
Heating/Cool None, Multi Zone, Baseboard
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 PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.