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Brie Stephens

[email protected] +1(603) 819-8071

Listed by Jessica Laffal • Element Real Estate • Cell: 802-233-5263

$ 400,000

Est. payment -/mo

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Under Contract

131-133 Elm ST Montpelier, VT 05602

5,227 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Hospitality,Multi-Family,Office

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 5021803

Year Built 1900

Annual Tax Amount $14,480

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Hospitality,Multi-Family,Office

Property Description

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 office/commercial space. 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.

Location

State VT

County Vt-washington

Area Vt-Washington

Zoning Residential/Commercial

Body of Water River

Rooms

Basement Entrance Interior

Basement Concrete, Full, Sump Pump

Interior

Cooling None

Inclusions Land/Building

Equipment CO Detector, Smoke Detector, Window AC

Exterior

Parking Features Driveway, Parking Spaces 2, Paved

Garage Description Driveway, Parking Spaces 2, Paved

Utilities Available Cable - Available

Waterfront Description Yes

View Y/N Yes

View Yes

Roof Type Membrane,Shingle - Architectural

Building

Foundation Concrete

Sewer Public

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