254 Elm Street, Montpelier, VT 05602

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
254 Elm Street,Montpelier, VT 05602
$795,000
  • 13 Beds
  • - Baths
  • 8,165 sq. ft.
  • Multi-family
  • Active
Listed by: gurjot singh
Office: vermont life realtors
MLS#:5076350
Source:PrimeMLS

Price summary

  • Price:$795,000
  • Price per sq. ft.:$78.01

About this home

Exceptional 7-unit investment opportunity at 254 Elm Street in Montpelier, Vermont, offering strong in-place income with significant upside potential. Located just minutes from downtown Vermont’s capital city, this multi-family asset benefits from consistent rental demand driven by state government, healthcare, and professional employment centers. The property currently consists of seven residential units providing diversified income and reduced vacancy exposure. The existing configuration supports stable operations, while offering investors the opportunity to enhance returns through operational efficiencies, rent optimization, and strategic improvements. A compelling feature of this offering is the potential to add an additional 8th unit (buyer to verify permitting and zoning), creating further income expansion and long-term value growth. This value-add opportunity positions the asset for increased cash flow and improved economies of scale compared to smaller multi-family properties.

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Home facts

  • Year built:1890
  • Listing ID #:5076350
  • Added:1 day(s) ago
  • Updated:February 11, 2026 at 08:44 PM

Rooms and interior

  • Bedrooms:13
  • Living area:8,165 sq. ft.

Heating and cooling

  • Heating:Baseboard, Hot Water, Oil, Radiator, Steam

Structure and exterior

  • Roof:Asphalt Shingle, Membrane
  • Year built:1890
  • Building area:8,165 sq. ft.
  • Lot area:0.24 Acres

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$795,000
  • Price per sq. ft.:$78.01
  • Tax amount:$13,190 (2025)
MLS LogoCopyright 2026 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated February 11, 2026