Montpelier Vermont Real Estate

Well-maintained two-unit property conveniently located near downtown Montpelier. Each generously sized apartment offers separate access to the basement, providing privacy and additional storage or utility space. The building also features access to a large attic, offering ample storage and potential for future expansion. In addition to its spacious layout and walkable location near shops, restaurants, and public transportation, this property presents added investment opportunity: several adjacent lots are also available for sale, making it an excellent option for buyers looking to expand, invest, or explore development potential. Whether you’re seeking a strong addition to your investment portfolio or a versatile property with long-term potential, this is a rare chance to own a well-positioned property in a desirable area. Be sure to check out the adjacent lots also listed. MLS #5042844 #5042734 #5042843

Each Unit of the 2-Unit duplex has 2-bedrooms, 2-bonus rooms and is a stones throw from downtown Montpelier, offering strong rental potential in a highly desirable market. Each unit is separately metered and equipped with its own furnace, electrical service, and washer/dryer hookups—minimizing owner expenses and providing tenants with independent utilities. Additionally each unit has their own independent driveways and entrances. The property provides easy access to downtown Montpelier and all it offers!

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. At the current offering metrics, the property presents the potential for a 10%+ capitalization rate based on existing or optimized income projections, making it a rare high-yield opportunity in the Montpelier market. In a supply-constrained capital city with limited multi-unit inventory, assets at this scale are seldom available. Situated on Elm Street, the property offers convenient access to downtown amenities, shopping, restaurants, public services, and I-89 for regional connectivity. Tenants benefit from a walkable neighborhood setting combined with proximity to employment hubs and outdoor recreation that Central Vermont is known for. 254 Elm Street represents a unique opportunity to acquire scale, income stability, and value-add potential in one of Vermont’s most resilient rental markets. Ideal for investors seeking strong cash flow today with expansion potential tomorrow.