131-133 Elm Street, Montpelier, VT 05602
FOR SALE
Listed by Jessica Laffal, Element Real Estate, (802) 497-2575

131-133 Elm Street
Montpelier, VT 05602

  • 3 Beds
  • 5 Baths
  • 4,645 sqft
  • 3 Beds
  • 5 Baths
  • 4,645 sqft

$545,000

Original price: $595,000
Est. Mortgage $3,862/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination
Last check for updates: about 21 hours ago
Listing courtesy of Jessica Laffal
Element Real Estate, (802) 497-2575
Source: PrimeMLS, MLS#4987860

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 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.

Home Highlights

Parking
Open Parking
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
$117
Listed
45 days ago

Home Details for 131-133 Elm Street

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Concrete,Full,Sump Pump,Interior Entry
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 5Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 4645 Square Feet
Appliances & Utilities
Utilities: Cable Available, High Speed Intrnt -Avail, Internet - Cable
Heating & Cooling
Heating: Baseboard,Zoned,Gas - LP/BottleNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Carpet, Vinyl, Vinyl Plank
Levels, Entrance, & Accessibility
Number of Stories: 3Levels: 3Floors: Carpet, Vinyl, Vinyl Plank
View
Has a ViewView: Water

Exterior Features

Exterior Home Features
Roof: Membrane Shingle ArchitecturalPatio / Porch: Porch - CoveredFoundation: Concrete
Parking & Garage
No CarportNo GarageHas Open ParkingParking Spaces: 6Parking: Paved,Driveway,Leased,Parking Spaces 2,Parking Spaces 4
Frontage
Waterfront: RiverRoad Frontage: Public, NoneRoad Surface Type: Paved
Water & Sewer
Sewer: Public SewerWater Body: North Branch Winooski River
Finished Area
Finished Area (above surface): 4645 Square Feet

Days on Market

Days on Market: 45

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Apartment Building, Multi FamilyArchitecture: Historic Vintage
Building
Construction Materials: Wood Frame, Clapboard ExteriorNot a New Construction

Price & Status

Price
List Price: $545,000Price Per Sqft: $117
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Montpelier
School Information
Elementary School: Union Elementary SchoolElementary School District: Montpelier School DistrictJr High / Middle School: Main Street Middle SchoolJr High / Middle School District: Montpelier School DistrictHigh School: Montpelier High SchoolHigh School District: Montpelier School District

Agent Information

Listing Agent
Listing ID: 4987860

Building

Building Area
Building Area: 6117 Square Feet

Lot Information

Lot Area: 5227.2 sqft

Documents

Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.

Compensation

Buyer Agency Commission: 0.5Buyer Agency Commission Type: %Sub Agency Commission: 2.5Sub Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 4987860Water ViewWater View: WaterSub Agency Relationship Offered

Price History for 131-133 Elm Street

DatePriceEventSource
03/28/2024$545,000PriceChange
PrimeMLS #4987860
03/13/2024$595,000Listed For SalePrimeMLS #4987860

Similar Homes You May Like

New Listings near 131-133 Elm Street

Comparable Sales for 131-133 Elm Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.16
Multi-Family Home
$620,000
12/08/23
9
5
5,040
0.25
Multi-Family Home
$452,500
07/26/23
5
3
2,106
0.14
Multi-Family Home
$400,000
08/25/23
6
2
3,040
0.41
Multi-Family Home
$370,000
01/05/24
6
3
2,426
0.49
Multi-Family Home
$325,000
02/15/24
4
2
1,846
0.56
Multi-Family Home
$271,000
09/15/23
2
2
1,664
1.17
Multi-Family Home
$295,000
02/09/24
6
2
2,988
1.64
Multi-Family Home
$290,000
11/17/23
5
3
2,202

What Locals Say about Montpelier

  • Usarmywife1
    "Open space and one thing if back wood walking trails. It has country roads and large wooded areas. There are plenty of dogs and it’s a great dog friendly community/town."
    5
    Flag
  • StephanIe Berard
    "The Friendly Community Members That Feel Like Family. The Friendliness Of The Neighborhood Stores And Churches and Another Way, The Restaurants That Are Affordable But Delicious. The Inspirational Artist Vibe."
    0
    Flag
  • Maureen
    "Montpelier is the smallest state Capital in the country. It is a small town and after living here for more than 30 years, it is a great place to live. The winters are long but if you like being outdoors are manageable. "
    2
    Flag
  • Steven
    "Great town with a strong community. Have raised 5 children here from kindergarten through high school. No regrets."
    0
    Flag
  • Usarmywife1
    "To my work and home is two minutes. Downtown is two minutes. To the highway is 4 minutes! Life is good in Montpelier, now who wants to buy our house?"
    0
    Flag
  • Usarmywife1
    "There are young families, older families and it’s a beautiful neighborhood with plenty of nature. Beautiful neighborhood to walk through."
    1
    Flag

LGBTQ Local Legal Protections

Jessica Laffal, Element Real Estate
Copyright 2024 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 2024-02-12 14:37:28 PST.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
131-133 Elm Street, Montpelier, VT 05602 is a 3 bedroom, 5 bathroom, 4,645 sqft multi-family built in 1900. This property is currently available for sale and was listed by PrimeMLS on Mar 13, 2024. The MLS # for this home is MLS# 4987860.