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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.

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Tax Information

  • Tax Year2026

Building

  • Year Built1850
  • Building ConstructionWood Frame, Clapboard Exterior
  • StyleMulti-Family
  • Units6
  • Unit 1 Bath2
  • Unit 1 Bedrooms2
  • Unit 1 Total Rooms6
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Style2nd Story Flat
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 Style2 Story Townhouse
  • Unit 4 Bath1
  • Unit 4 Style2 Story Townhouse
  • Unit 5 Baths1
  • Unit 5 Bedrooms1
  • Unit 6 Baths1
  • Unit 6 Bedrooms1
  • # of 1 Bedrooms4
  • # of 2 Bedrooms2
  • Bathroom7
  • Total Baths7
  • BasementBulkhead, Crawl Space, Partial, Unfinished
  • FoundationStone

Basic Information

  • StatusACT
  • List Price$1,100,000
  • Date Price Change08/27/2026
  • MLS Number5107021
  • MLS StatusActive

Property

  • Acreage0.28
  • GarageNo
  • Parking Spaces
  • Lot Description
    • In Town
    • Landscaped
    • Near Hospital
    • Near School(s)
    • Near Shopping
    • Neighborhood
    • Sidewalks
  • Square Feet5,180
  • APX Fin AG Sqft5,180
  • Road Frontage77
  • RoadsPublic Maintained Road
  • AreaVT-Washington

Amenities

  • PricePerSqFt212.36

Location

  • TownMontpelier
  • StateVT
  • Zip05602
  • CountyWashington
  • ZoningMixed Use Residential
  • Elementary SchoolUnion Elementary School
  • Junior HighMain Street Middle School
  • High SchoolMontpelier High School
  • Address184 Elm Street
  • Flood Zone Y/NNo

Exterior

  • RoofOther, Rolled, Shingle, Standing Seam

Utilities

  • Heat SystemOil, Mini Split
  • WaterPublic
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesCable

Other

  • Taxes$17,411
  • Seasonal Y/NNo
  • Operating Expenses60301
  • Date Listed08/27/2026
  • Unit 1 Deposit$2,200
  • Unit 2 Rent Amount$1,750
  • Unit 3 Rent Amount$2,000
  • Unit 4 Rent amount$1,750
  • Unit 5 Rent amount$1,800

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Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated August 28, 2026 6:08 AM UTC

 

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