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Bean Group
Offered at $1,100,000Active Under Contract
beds
—
baths
—
sq ft
—
Built
1850

184 Elm Street

Montpelier, VT 05602

About this home

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. Also listed under Multi-Family MLS: 5107021.

Listing last checked: Listing updated:

Listed by Kelly Realty Group · KW Vermont-Stowe · MLS #5107094

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Details at a glance

Interior1 property facts
Basement
Not reported
Building2 property facts
Style
Other
Year built
1850
Land & utilities5 property facts
Lot size
0.28 acres
Water
Public
Sewer
Public Sewer
Pool
Not reported
Zoning
Mixed Use Residential
Financial2 property facts
Annual taxes
$17,411
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $1,100,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$7,013 / monthAdjust
Principal & interest
$5,562
Property tax
$1,451
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $17,411. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Sc

    $1,100,000 · Aug 27, 2026

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About 184 Elm Street

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Request a tour of 184 Elm Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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