Property Details
Basic Information
- Property Style: Multi-Family
- MLS Number: 5107021
- Mls Status: Active
- List Price: $1,100,000
- Lot Description: Landscaped, Sidewalks, In Town, Near Shopping, Neighborhood, Near Hospital, Near School(s)
- Date Listed: 08/27/2026
- 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.
Building
- Acreage: 0.28
- Square Feet: 5,180
- Year Built: 1850
- Zoning: Mixed Use Residential
- Roof: Other, Rolled, Shingle, Standing Seam
- Building Construction: Wood Frame, Clapboard Exterior
- Foundation: Stone
Location
- County: Washington
- Town: Montpelier
Finance
- Taxes: $17,411
Interior Features
Bathrooms
- Bathrooms: 7
Basement
- Basement: Bulkhead, Crawl Space, Partial, Unfinished
Utilities and Appliances
Utilities and Appliances
- Utilities: Cable
Community
Schools
- Elementary School: Union Elementary School
- High School: Montpelier High School
Amenities
- Other Amenities: Basement
Other Details
Water
- Water: Public