New Listings Since Feb 04, 2026

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.

Ideally situated just minutes from Northfield Village and Norwich University, this well-cared-for multi-unit property features two generously sized three-bedroom apartments, making it an excellent opportunity for both investors and owner-occupants. Each unit offers comfortable living space and a proven rental history, with dependable long-term tenants producing approximately $35,000 in gross annual income. The property has benefited from thoughtful improvements over the years, including a new roof installed in June 2019 and exterior painting completed in May 2022, adding to both durability and curb appeal. Its location provides easy access to local schools, the recreation field, nearby parks, and walking paths. Outdoor enthusiasts will enjoy being close to hiking and mountain biking trails, with backcountry skiing opportunities right in the area. In the winter months, the renowned downhill skiing of the Mad River Valley is only a 35-minute drive away. With a convenient commute to Montpelier and quick access to Interstate 89, this property strikes a rare balance between strong income potential and an outstanding Central Vermont lifestyle.

Side by side duplex close to the interstate and just outside the city. Each unit has 2 bedrooms and 1 bathroom. Large living, dining, kitchen and pantry. Large side porches and yard. Off street parking. Long-term tenants. Could be owner occupied.