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Attention investors! Classic historic building, with mixed commercial/office and residential use, in a convenient downtown Montpelier location. The unit mix includes three 1-bedroom apartments, and an assortment of small private offices and suites. Potential to expand the residential use. Some units are leased and some vacant, offering flexible opportunity for the future owner. Charming historic wood details, nice natural light, small shared backyard, and river views. Flood protection measures in place, including raised boiler and electric panel. New boiler and mansard roof within the last year. Agent is related to the seller. †
Property Location
131-133 Elm Street Montpelier
Property Details
List Price 475,000
Bedrooms 3
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 5
Year Built 1900
MLS# 5021802
Lot Size 0.12 Acres
Taxes $14,481
Type Multi-Family
Days on Market 8 Days
Tax Year 2024
Units 6
Stories 3
Road Frontage
Annual Income $0
Style
Water Frontage
Annual Expenses $0
Finished 4,645 Sqft
Construction No, Existing
Zoning Residential/Commercial
Above Grade 4,645 Sqft
Seasonal No
Total Rooms 3
Below Grade 0 Sqft
List Date Nov 11th, 2024
Gross Income $0
Operating Expenses $0
Net Income $0
Expenses Includes
Unit 1 1 Beds, 1 Baths, $1,200/Monthly
Unit 2 1 Beds, 1 Baths, $950/Monthly
Unit 3 1 Beds, 1 Baths, $1,100/Monthly
Unit 4 0 Beds, 1 Baths, $0/Mo
Unit 5 Beds, 1 Baths, $375/Monthly
Construction
BasementInterior, Sump Pump, Full, Concrete
Interior Features
Exterior Features
Exterior
Disability Features
Foundation Concrete
House Color Gray
Floors Carpet, Vinyl, Vinyl Plank
Building Certifications
Roof Shingle-Architectural, Membrane
HERS Index
DirectionsFrom Memorial Drive, turn left onto Bailey Ave/Bailey Ave Ext, then turn right onto State St. Turn left onto Elm St, property will be on your right.
Lot Description, Commercial Zoning, Business District
† The remarks published on this webpage originate from Listed By Jessica Laffal of Element Real Estate via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.
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