Montpelier, VT | 184 Elm Street

Christie's International Real Estate
$1,100,000
MLS#: 5107021
6
# of Units
5,180
Total Sq Ft
0.28
Acres
$17,411
Taxes
General Property Information
Property Status
Active
Price
$1, 100, 000
Property Type
Multi-Family
County
VT-Washington
Agency / Brokerage
Kelly Realty Group
KW Vermont
List Date
8/26/2026 8:00 PM
Acres
0.28
# of Units
6

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.

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Town Market Snapshot

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company

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Features
# of Units
6
Year Built
1850
Road Frontage
77
Gross Income
$136,200
Sq Ft (Above Ground)
5,180
Sq Ft (Below Ground)
0
Total Sq Ft
5,180
Land Description
Landscaped, Sidewalks, In Town, Near Shopping, Neighborhood, Near Hospital, Near School(s)
Elementary School
Union Elementary School
Middle School
Main Street Middle School
High School
Montpelier High School
Taxes
$17,411
Unit Information

Unit 1

# Rooms
6
# Bedrooms
2
# Baths
2
Sq. Ft.
0
Unit Style
1st Floor Flat
Monthly Rent
$2,200

Unit 2

# Bedrooms
2
# Baths
1
Sq. Ft.
0
Unit Style
2nd Story Flat
Monthly Rent
$1,750

Unit 3

# Baths
1
Sq. Ft.
0
Unit Style
2 Story Townhouse
Monthly Rent
$2,000

Unit 4

# Bedrooms
1
# Baths
1
Unit Style
2 Story Townhouse
Monthly Rent
$1,750

Unit 5

# Bedrooms
1
# Baths
1
Unit Style
Lower Level Flat
Monthly Rent
$1,800

Unit 6

# Bedrooms
1
# Baths
1
Unit Style
2nd Story Flat
Monthly Rent
$1,850

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