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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755


$350,000

MLS# 5037100
5012 sq.ft. Bedroom | 0 Bathroom
Multi Family
144 Elm Street Montpelier VT
 
$350,000 | $70 per sq.ft. | MLS# 5037100 A 3  Unit Multi Family Home, 144 Elm Street Montpelier VT With 2 - One Bedroom Units

Description:
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.
Sale Includes : Land/Building

Annual Expenses
Taxes: $0
    Income

UNIT 1 INFORMATION


Beds: 1
Baths: 1
Rooms: 4
Level: 2
Info : Heat Included

UNIT 2 INFORMATION


Beds: 1
Baths: 1
Rooms: 3
Level: 3
Info : Heat Included

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Clapboard Exterior | Wood Siding | Price Per SQ.FT. 69.83 | Year Built: 1940
LAND DESCRIPTION: LOT DESCRIPTION: City Lot | Curbing | Sidewalks | Near Shopping | Near Public Transportatn
Livable Space: 5012
Above Grade Sq.Ft.: 5012
Below Grade Sq.Ft.: 0
Foundation: Concrete | Fieldstone
Heating: None
Cooling: None
Electric: 100 Amp | Circuit Breaker(s)
Style: New Englander | Other | w/Addition
Roof: Shingle | Standing Seam
Water: Metered | Public | Public Water - On-Site
Sewer: Metered | Public | Public Sewer On-Site
Lot size: 1.32 acres
Zoned: Mixed Use Residential
Surveyed: Unk
Flood Zone: Unknown
Seasonal: Unk
Garage And Parking: Driveway | Leased | Off Street | On-Site | Parking Spaces 11 - 20 | Reserved
Driveway: Common/Shared | Crushed Stone

ADDITIONAL INFORMATION
Docs Available : Other | Property Disclosure
Taxes $0  | Assesed Value $0 in
SCHOOLS
School District: Montpelier School District
Elementary School: Union Elementary School
Middle School: Main Street Middle School
High School: Montpelier High School
15 Buck Rd. Hanover, NH 03755 603-643-3942

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