254 Elm Street Montpelier, Vermont 05602 MLS# 5044053

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For Sale Status

$850,000 List Price

Multi Type

16 Beds

8 Baths

8,165 Sqft

Listed By Dave White of OwnerEntry.com
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Lilly Boardman

Customer Satisfaction Rating

(802)861-4758

Brittany Sheeran

Customer Satisfaction Rating

(802)846-9570

Adam Carron

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(802)846-9529

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254 Elm Street
254 Elm Street
254 Elm Street
254 Elm Street
254 Elm Street

Cash flowing Fully occupied 7-unit apartment building, situated just a short walk from downtown Montpelier. This property features newer windows and offers ample parking, making it ideal for residents. The prime location, offers easy access to local amenities, shops, and restaurants, adding more appeal for residents. Whether you're a seasoned operator or looking to begin your portfolio, this 7 unit building presents a rare opportunity to capitalize on Montpelier's strong growing rental market. Don't miss your chance to own a rarely offered 7 unit in Vermont's capital city. †

Property Location

254 Elm Street Montpelier

Property Details

List Price  850,000 Bedrooms  16 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  8 Year Built  1890
MLS#  5044053 Lot Size  0.24 Acres Taxes $9,653
Type  Multi-Family Days on Market  37 Days Tax Year 2024
Units  7 Stories  3 Road Frontage  1
Annual Income  $0 Style  Near School(s) Water Frontage  
Annual Expenses  $0 Finished  8,165 Sqft Construction  No, Existing
Zoning   r Above Grade  8,165 Sqft Seasonal  No
Total Rooms  16 Below Grade  0 Sqft List Date  Jun 1st, 2025
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, $1,150/Monthly
Unit 3   2 Beds, 1 Baths, $1,400/Monthly Unit 4   2 Beds, 1 Baths, $1,500/Monthly
Unit 5   3 Beds, 2 Baths, $1,200/Monthly Unit 6   5 Beds, 1 Baths, $1,150/Monthly
Unit 7   2 Beds, 1 Baths, $1,150/Monthly
Construction
BasementWalk-up, Partial, Exterior Stairs, Exterior Access
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Stone, Granite House Color  
Floors  Vinyl, Wood Building Certifications  
Roof  Shingle-Asphalt, Membrane HERS Index  
Directions
Lot Description, In Town, Neighborhood
Garage & Parking  No
Road Frontage  1 Water Access  
Driveway  Paved, Gravel Water Type  
Flood Zone  Unknown Water Body  
Zoning  r
School District  Montpelier School District Middle  U-32
Elementary  Union Elementary School High  U32 High School
Heat Fuel  , Oil Excluded  
Heating/Cool  None, Hot Water, Radiators, Baseboard, Steam Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  40512610528
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† The remarks published on this webpage originate from Listed By Dave White of OwnerEntry.com 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.