254 Elm Street, Montpelier, VT 05602

Montpelier
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
254 Elm Street,Montpelier, VT 05602
$739,175
  • 13 Beds
  • 8 Baths
  • 8,165 sq. ft.
  • Multi-family
  • Active
Listed by: gurjot singh
Office: re/max north professionals802-655-3333
MLS#:5096015
Source:PrimeMLS

Price summary

  • Price:$739,175
  • Price per sq. ft.:$90.53

About this home

Not located in an active FEMA-designated flood zone and not impacted by flooding events, this exceptional 7-unit investment opportunity at 254 Elm Street in Montpelier, presents investors with a rare chance to acquire a well-positioned asset offering immediate income and future growth potential. Located in Vermont’s capital city, the property benefits from a strong and diverse tenant base supported by state government offices, healthcare providers, educational institutions, and local businesses. The building currently consists of seven residential units, providing stable cash flow and minimizing vacancy risk through multiple income streams. Investors will appreciate the opportunity to further increase value through thoughtful renovations, improved management strategies, and rental adjustments over time. In addition to the potential for an eighth unit (buyer to verify permitting and zoning), there may be opportunities to create additional units, offering further upside and long-term...

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Home facts

  • Year built:1890
  • Listing ID #:5096015
  • Added:6 day(s) ago
  • Updated:June 28, 2026 at 04:40 PM

Rooms and interior

  • Bedrooms:13
  • Total bathrooms:8
  • Full bathrooms:8
  • Basement Description:Dirt Floor, Exterior Access, Walkout
  • Living area:8,165 sq. ft.

Heating and cooling

  • Heating:Baseboard, Oil

Structure and exterior

  • Roof:Asphalt Shingle, Membrane
  • Year built:1890
  • Building area:8,165 sq. ft.
  • Lot area:0.24 Acres
  • Levels:3 Story

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$739,175
  • Price per sq. ft.:$90.53
  • Tax amount:$13,190 (2025)

Features and amenities

  • Amenities:Circuit Breaker(s)

Parking

  • Parking description:Paved Driveway
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 June 29, 2026

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