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Listing courtesy of PRIME_MLS / Jessica Laffal / Element Real Estate

131-133 Elm

Montpelier, VT 05602

– beds
– baths
4,645 sqft
5,227 sqft lot
$102 per sqft
1900 build
– on site

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.

Listing courtesy of PRIME_MLS / Jessica Laffal / Element Real Estate

Last checked: Checking… • Last updated Nov 11, 2024 •

MLS# 5021802 —

The Building

Year Built:

1900
Pre-Construction:

No
Construction Status:

Existing
Construction Materials:

Wood Frame, Clapboard Exterior
Architectural Style:

Apartment Building, Historic Vintage, Multi-Family
Roof:

Membrane, Shingle - Architectural
Foundation:

Concrete
Total Stories:

3
Total Units:

6
Approx SqFt Total:

6117
Approx SqFt Total Finished:

4,645 Sqft
Approx SqFt Finished Above Grade:

4,645 Sqft
Approx SqFt Finished Below Grade:

0 Sqft
Approx SqFt Unfinished Below Grade:

1472
Approx SqFt Unfinished Building Source:

Public Records
Approx SqFt Finished Above Grade Source:

Public Records

Interior

Basement:

Yes
Basement Description:

Concrete, Full, Sump Pump
Basement Access Type:

Interior
Flooring:

Carpet, Vinyl, Vinyl Plank
Room 5 Type:

Leased

Room Dimensions

Room 16 Dimensions:

Office
Room 18 Dimensions:

flat
Room 19 Dimensions:

flat
Room 20 Dimensions:

Office
Room 21 Dimensions:

3

Location

Directions:

From 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.
Latitude:

44.263078633247979
Longitude:

-72.573476186508159

The Property

Property Class:

Multi-Family
Seasonal:

No
Lot SqFt:

5,227 Sqft
Lot Acres:

0 Sqft
Zoning:

Residential/Commercial
Exterior Features:

Porch - Covered
Driveway:

Paved
Roads:

Paved, Public
Flood Zone:

Yes
Water View:

Yes
Water Body Name:

North Branch Winooski River
Water Body Type:

River
Lot Features:

City Lot, River

Listing Agent

Contact info:

Taxes

Tax Year:

2024-2025
Tax Year:

2024
Taxes TBD:

No
Tax - Gross Amount:

$14,480.84

Beds

Bedrooms - Level 4:

3
Bedrooms - Basement:

2

Baths

Total Full Baths:

4
Full Baths Size:

0 Sqft
Three Quarter Baths:

5
Three Quarter Baths Size:

2 Sqft
Unit 1 Baths:

1
Unit 2 Baths:

1

The Listing

Price Per SqFt:

102.26
Foreclosed/Bank-Owned/REO:

No

Heating & Cooling

Heating:

Baseboard, Multi Zone
Heat Fuel:

Gas - LP/Bottle
Total Heat Units:

1
Total Water Heaters:

1
Fuel Company:

Irving

Utilities

Utilities:

Cable - Available
Sewer:

Public
Electric:

Circuit Breaker(s)
Water Source:

Public
Total Electric Meters:

4

Appliances

Appliances:

Water Heater – Off Boiler, Water Heater – Owned
Total Refrigerators:

3

Schools

Elementary School:

Union Elementary School
Middle Or Jr High School:

Main Street Middle School
High School:

Montpelier High School
School District:

Montpelier School District

The Community

Condo Name:

Monthly
Area Description:

Business District, Commercial Zoning, In Town
Covenants:

Unknown

Parking

Parking:

Driveway, Leased, Parking Spaces 2, Parking Spaces 4

Extra Units

Unit 1 Rooms:

3
Unit 1 Bedrooms:

1
Unit 2 Bedrooms:

1
Unit 3 Style:

flat
Unit 3 Rooms:

3
Unit 3 Bedrooms:

1
Unit 3 Baths:

1
Unit 4 Baths:

1
Unit 5 Rooms:

4
Unit 5 Baths:

1
Unit 6 Style:

Office
Unit 1 Info:

Heat Included, Hot Water, Range - Electric, Refrigerator
Unit 2 Info:

Heat Included, Hot Water, Range - Electric, Refrigerator
Unit 3 Info:

Heat Included, Hot Water, Range - Electric, Refrigerator
Unit 4 Info:

Heat Included, Other
Unit 5 Info:

Heat Included, Other
Unit 6 Info:

Heat Included, Other

Explore the Area

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Provided by WalkScore® Inc.

Bike Score®

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Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
11/11/24 Nov 11, 2024	Listed / Active	PRIME_MLS	$475,000
3/28/24 Mar 28, 2024	Price Changed	PRIME_MLS
3/13/24 Mar 13, 2024	Listed / Active	PRIME_MLS

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This multifamily located in The Meadow, Montpelier, VT 05602 is currently for sale for $475,000. 131-133 Elm is a 4,645 square foot multifamily with – beds and – baths that has been on Estately for 49 days. 131-133 Elm is in the The Meadow neighborhood of Montpelier and has a WalkScore® of 87, making it very walkable. This multifamily is in the attendance area of Roxbury Village School.

Listing Courtesy of: PRIME_MLS and Element Real Estate.

Copyright 2025 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.