List Price: $1,100,000 | $212 per sq.ft. Commercial
Space type
Date Listed Thursday Aug 27, 2026 | MLS# 5107094


Address: 184 Elm Street Montpelier VT
Listed by Kelly Realty Group KW Vermont-Stowe Phone: 802-922-6146
Description:
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.
Sale Includes : Barn | Land/Building

Features
Income
Net Income| 75898
Gross Income| 136200
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1850
Price Per SQ.FT. 212.36 No. of Units: 0
Building Size : 5180

Exterior

InteriorBasement: Bulkhead | Crawl Space | Partial | Unfinished

Land Information

Lot size: 0.28 acres
Zoned: Mixed Use Residential
Surveyed: Yes
SurveyedBy: Richard W Bell
Road Frontage: 77
Road Frontage: 77
No. of Docks | 0.

UtilitiesUtilities: Cable
AC % | 0.

Additional Information
Taxes $17,411
Assesed Value Not Reported
Schools

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