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    Seven-Unit Multifamily Residential Building Title is generated by Realmo AI

    254 Elm Street, Montpelier, VT 05602

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    New
    For Sale
    $739,175

    MULTI_FAMILY - Other - Montpelier, VT

    Property size:
    8,165 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $90/SF
    Added:
    Jun 21, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 24 at 5:06 am

    Property Features for 254 Elm Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Mixed Use Residential
    Bedrooms
    13
    Bathrooms
    8
    Rooms
    Bedroom 3, Bedroom 10, Bedroom 9, Bedroom 4, Bathroom 5, Bathroom 6, Bedroom 2, Bathroom 4, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 11, Bathroom 8, Basement, Bedroom 1, Bathroom 3, Bathroom 7, Bedroom 8, Bedroom 13, Bedroom 12, Bedroom 7, Bathroom 1
    Standard status
    Active
    Size
    8,165 SF
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    13190

    Utilities

    Utilities
    Cable Available
    Heating system
    Oil, Baseboard
    Water source
    Public

    Building Details

    Year built
    1890
    Floors in Building
    3
    Number of units
    7
    Building materials
    Wood Frame
    Roof type
    Shingle, Membrane
    Architectural style
    Other

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    Listing Contact
    Gurjot Singh

    Listing agent Gurjot Singh

    Listing office RE/MAX North Professionals 553 Roosevelt Highway, Colchester, VT

    Listing date Jun 21, 2026

    MLS# 5096015 Listing URL

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 7‑unit residential investment property at 254 Elm Street in Montpelier
    • Not located in an active FEMA‑designated flood zone and not impacted by flooding events (per seller remarks)
    • Built in 1890 with wood‑frame construction
    • Oil heating with baseboard heat; basement included
    • Roofing includes shingle and membrane materials
    • Public water service; cable available

    Overview

    This property is a seven-unit multifamily residential building with a total building size of 8,165 square feet on a 0.24-acre lot. The asset is presented as an income-focused investment with all seven units currently in place. According to the public remarks, the property is not located in an active FEMA-designated flood zone and has not been impacted by flooding events. Financial information cited with the listing includes property taxes in the operating expenses.

    Located at 254 Elm Street in Montpelier, the building sits in a Mixed Use Residential zoning setting. The remarks note convenient access to downtown Montpelier for restaurants, shops, recreation, and community amenities. The listing also states that Interstate 89 provides regional access throughout Central Vermont.

    For buyers and operators, the practical value is tied to owning a fully residential, multi-unit structure with potential for continued management improvements. The remarks describe opportunities to pursue thoughtful renovations, improved management strategies, and rental adjustments over time. The listing further references the possibility of an eighth unit, noting that permitting and zoning would need to be verified by the buyer. The property’s unit count and configuration are the primary basis for its day-to-day operating profile, with flexibility dependent on what can be approved for additional space or units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Nail Salon Food Market Grocery & Convenience Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montpelier
    County
    Washington
    State
    Vermont
    Longitude
    -72.569962
    Latitude
    44.2657

    FAQs

    What type of property is this?
    Apartment building - Seven residential units in a mixed-use residential zone, reported outside active FEMA flood zones in Montpelier.
    Where is this apartment building located?
    The property is located at 254 Elm Street Montpelier, VT.
    What is the asking price?
    The asking price for this property is $739,175.
    What are key features of this property?
    This property features: 7‑unit residential investment property at 254 Elm Street in Montpelier; Not located in an active FEMA‑designated flood zone and not impacted by flooding events (per seller remarks); Built in 1890 with wood‑frame construction
    More about this property
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