184 Elm Street Montpelier, VT $ 1,100,000
184 Elm Street
$ 1,100,000
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184 Elm Street

Montpelier, VT, 05602
$ 1,100,000
Bedrooms-- Baths-- Sq 5,180

Monthly Estimate*

$ 6,946

Listed by Kelly Realty Group, KW Vermont-Stowe, 802-922-6146, pete@kelly-realty-group.com
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Commercial Property for sale in Montpelier, VT

for $1,100,000. This 5,180 square foot building was built in 1850 on a lot size of 0.28.

Prime Montpelier Multifamily Investment Opportunity | 6 Units | 100% Occupied | Turnkey Condition. An exceptional opportunity to acquire a fully occupied six unit multifamily property on Elm Street in the heart of Montpelier, Vermont. This turnkey, income producing asset features renovated units, modern kitchens and bathrooms, strong rental demand, and immediate income from established tenancy. The property's outstanding location is within easy walking distance of downtown restaurants, shops, cafes, entertainment, employment centers, and everyday amenities. As Vermont's capital city, Montpelier benefits from a diverse and established tenant base supported by State Government, Central Vermont Medical Center, National Life Group, Cabot Creamery, educational institutions, professional services, and local businesses. Well maintained and fully occupied, the property offers investors a stabilized income producing asset with the scale and operational efficiency of six units, along with potential for continued rent growth and long term appreciation. An elevation certificate is available and does not require flood insurance, providing an additional advantage for ownership and financing. A rare opportunity to acquire a turnkey, higher end six unit investment in one of Vermont's most desirable rental markets. Also listed under Multi-Family MLS: 5107021.

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Commercial Active

Price

$ 1,100,000

Property Type

Commercial

Taxes

$ 0

Style

Multi-Family

Lot Size

0.28

Year Built

1850

Town/City

Montpelier

County/Region

Washington

MLS | Web ID

5107094

Features
Interior
Basement Description Bulkhead Crawl Space Partial Unfinished
Basement Yes
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General
Road Frontage Yes
Sewer Public
Utilities Cable
Zoning Mixed Use Residential
Year Built 1850
Business Type Multi-Family
Net Income 75898
Tax Year 2026
Gross Income 136200
Status Detail 0
Directions Take exit 8 off I-89 onto US-2/VT-12 for .5 miles. Continue onto Memorial Dr for 1.2 miles. Turn left onto Main St for .5 miles. At Keck Cir take the 2nd exit onto Spring St. for .1 Mile. Turn right
City Montpelier
DOM 1
Price Per Sq Ft Total AG 212.36
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Exterior
Lot Size Area 0.28
Water Source Public
Parking Features Assigned Driveway Parking Spaces 6+
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* Excluded Features
List By
Kelly Realty Group

Listing Agent

Kw Vermont-Stowe

Broker

(802) 922-6146

Phone

pete@kelly-realty-group.com

Email

Affordability Calculator

$6,946
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,946
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/28/2026$1,100,000 Listed Price

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184 Elm Street, Montpelier, VT, 05602 is a Commercial Property for sale at $1,100,000 with 5,180 sqft and a lot size of 0.28. 184 Elm Street was built in 1850. The property's zip code is 05602 which is in Montpelier, VT