144 Elm Street Montpelier, Vermont 05602 MLS# 5037100

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For Sale Status

$350,000 List Price

Multi Type

2 Beds

3 Baths

5,012 Sqft

Listed By Timothy Heney of Heney Realtors - Element Real Estate (Montpelier)
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Washington County

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Situated on a rare and expansive 1.3+ acre lot in vibrant Downtown Montpelier, this unique property has served as a church since 1945 and offers incredible potential for redevelopment or restoration. The 3-story, turn-of-the-century building is accompanied by a 1,240 sq ft single-story addition. The upper levels have been previously configured as apartments, providing a flexible layout for future use. While the property sustained damage during the July 2023 flooding, important steps have been taken to stabilize the structure, and major electrical entrances have been substantially updated—laying the groundwork for new possibilities. Whether you're considering residential, community, or mixed-use redevelopment, this site is ready for transformation. Adding to its appeal is a rare 20-car parking area, with 15 spaces currently leased and generating steady rental income. Don’t miss this opportunity to bring new life to a historic property in one of Vermont’s most charming and walkable downtowns.

Property Location

144 Elm Street Montpelier

Property Details

List Price  350,000 Bedrooms  2 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  3 Year Built  1940
MLS#  5037100 Lot Size  1.32 Acres Taxes $0
Type  Multi-Family Days on Market  27 Days Tax Year
Units  3 Stories  1/2/1900 Road Frontage  
Annual Income  $0 Style  Near Shopping Water Frontage  
Annual Expenses  $0 Finished  5,012 Sqft Construction  No, Existing
Zoning   Mixed Use Residential Above Grade  5,012 Sqft Seasonal  Unknown
Total Rooms  2 Below Grade  0 Sqft List Date  Apr 21st, 2025
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, $0/Mo
Unit 3   0 Beds, 1 Baths, $0/Mo
Construction
BasementInterior, Unfinished, Sump Pump, Interior Stairs, Crawl Space, Unfinished
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Concrete, Fieldstone House Color  
Floors   Building Certifications  
Roof  Standing Seam, Standing Seam HERS Index  
Directions
Lot Description, Near Bus/Shuttle, Near Public Transportatn
Garage & Parking  No, On Site, Reserved, 11-20 Spaces, Off Street, Leased, Reserved
Road Frontage   Water Access  
Driveway  Crushed Stone, Common/Shared Water Type  
Flood Zone  Unknown Water Body  
Zoning  Mixed Use Residential
School District  Montpelier School District Middle  Main Street Middle School
Elementary  Union Elementary School High  Montpelier High School
Heat Fuel  , None Excluded  
Heating/Cool  None Negotiable  
Sewer  Public, Metered, Public Sewer On-Site Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  Property Disclosure, Other
Electric  100 Amp, Circuit Breaker Tax ID  405-126-13855
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† The remarks published on this webpage originate from Listed By Timothy Heney of Heney Realtors - Element Real Estate (Montpelier) 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.