131-133 Elm Street
Montpelier, VT 05602
$475,000
Price
3
Beds
4
Baths
4,645 Sq. Ft.
$102 / Sq. Ft.
4,645
Sq. Ft.
$102
per Sq. Ft.
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...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.
- Listed by Jessica Laffal • Element Real Estate
Property Details for 131-133 Elm Street
Parking
Driveway, Leased, Parking Spaces 2, Parking Spaces 4
Water Body TypeRiver
Water ViewYes
ZoningResidential/Commercial
LISTING UPDATED: 11/11/2024 06:49 PM
Property Details for 131-133 Elm Street
| Status | Active |
|---|---|
| MLS # | 5021802 |
| Days on Market | 37 |
| Taxes | $14,481 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1900 |
| Lot Size | 0.12 AC / 5,227 SF |
| County | Washington County |
Building Information for 131-133 Elm Street
Stories3Residences6Year Built1900Building Size-Lot Size0.12 AC / 5,227 SF
Property Information for 131-133 Elm Street
Summary
Location and General Information
- Area Description: Business District, Commercial Zoning, In Town
- City: Montpelier
- County: VT-Washington
- 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
- Road Frontage: No
- Seasonal: No
- State: VT
- Street Designation: Street
- Zip Code: 05602
Taxes and HOA Information
- SPAN Number: 405-126-11728
- Tax Year: 2024
- Tax Year Notes: 2024-2025
- Taxes TBD: No
School Information
- School - High: Montpelier High School
- School - District: Montpelier School District
- School - Elementary: Union Elementary School
- School - Middle/Jr: Main Street Middle School
Parking
- Garage: No
- Driveway: Paved
Property
Lot Information
- Lot - Sqft: 5227.0
- Lot Features: City Lot, River
- Lot Size Acres: 0.12
- Square Feet Apx Finished Above Grade: 4645.0
- Square Feet Apx Finished AG Source: Public Records
- Square Feet Apx Finished Below Grade: 0.0
- Square Feet Apx Total: 6117.0
- Square Feet Apx Total Finished: 4645.0
- Square Feet Apx Unfinished Above Grade: 0.0
- Square Feet Apx Unfinished Below Grade: 1472.0
- Square Feet Apx Unfinished BG Source: Public Records
- Water Body Name: North Branch Winooski River
Property and Assessments
- Property Class: Multi-Family
- Construction Status: Existing
- Flood Zone: Yes
- Foundation: Concrete
- PreConstruction: No
- Surveyed: Unknown
- Year Built: 1900
Utilities
- Electric Company: GMP
- Fuel Company: Irving
- Electric: Circuit Breaker(s)
- Sewer: Public
- Water Source: Public
- Utilities: Cable - Available
- Total Gas Meters: 0
- Total Electric Meters: 4
- Internet: High Speed Intrnt -Avail, Internet - Cable
Interior and Exterior Features
Exterior Features
- Color: Gray
- Construction Materials: Wood Frame, Clapboard Exterior
- Features - Exterior: Porch - Covered
- Roads: Paved, Public
- Roof: Membrane, Shingle - Architectural
- Total Ranges: 3
Interior Features
- Appliances: Water Heater – Off Boiler, Water Heater – Owned
- Basement: Yes
- Basement Access Type: Interior
- Basement Description: Concrete, Full, Sump Pump
- Total Full Baths: 4
- Flooring: Carpet, Vinyl, Vinyl Plank
- Heat Fuel: Gas - LP/Bottle
- Heating: Baseboard, Multi Zone
- Cooling: None
- Total Refrigerators: 3
- Total Stories: 3
- Total Water Heaters: 1
Multi Family
Income & Expenses Information
- Operating Expense Incl: Heat, Insurance, Maintenance, Other, Snow Removal, Trash, Utilities, Water/Sewer
- Operating Expense: $35,107
Multi-Family Information
- Total Units: 6
- Total 1 BR Units: 3
- Total 2 BR Units: 0
- Total 3+ BR Units: 0
- Total Heat Units: 1
Unit Information
Unit 1
- Unit 1 Style: flat
- Unit 1 Baths: 1
- Unit 1 Bedrooms: 1
- Unit 1 Lease Term: Annual
- Unit 1 Level Number: 1
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Status: Leased
- Unit 1 Rooms: 3
- Unit 1 Rental Amount: $1,200.00
- Unit 1 Tenant Pays: Electric
- Unit 1 Info: Heat Included, Hot Water, Range - Electric, Refrigerator
Unit 2
- Unit 2 Lease Term: Annual
- Unit 2 Style: flat
- Unit 2 Baths: 1
- Unit 2 Rooms: 3
- Unit 2 Status: Leased
- Unit 2 Level Number: 2
- Unit 2 Rental Amt Freq: Monthly
- Unit 2 Bedrooms: 1
- Unit 2 Rental Amount: $950.00
- Unit 2 Info: Heat Included, Hot Water, Range - Electric, Refrigerator
- Unit 2 Tenant Pays: Electric
Unit 3
- Unit 3 Lease Term: Annual
- Unit 3 Baths: 1
- Unit 3 Rooms: 3
- Unit 3 Level Number: 3
- Unit 3 Rental Amt Freq: Monthly
- Unit 3 Status: Leased
- Unit 3 Style: flat
- Unit 3 Bedrooms: 1
- Unit 3 Rental Amount: $1,100.00
- Unit 3 Info: Heat Included, Hot Water, Range - Electric, Refrigerator
- Unit 3 Tenant Pays: Electric
Unit 4
- Unit 4 Level Number: 1
- Unit 4 Style: Office
- Unit 4 Rooms: 5
- Unit 4 Baths: 1
- Unit 4 Bedrooms: 0
- Unit 4 Status: Vacant
- Unit 4 Info: Heat Included, Other
Unit 5
- Unit 5 Rental Agreement: Yes
- Unit 5 Level Number: 2
- Unit 5 Rental Amt Freq: Monthly
- Unit 5 Status: Leased
- Unit 5 Style: Office
- Unit 5 Baths: 1
- Unit 5 Rooms: 4
- Unit 5 Lease Term: Other
- Unit 5 Rental Amount: $375.00
- Unit 5 Info: Heat Included, Other
Unit 6
- Unit 6 Rental Agreement: No
- Unit 6 Level Number: 3
- Unit 6 Rooms: 2
- Unit 6 Status: Vacant
- Unit 6 Style: Office
- Unit 6 Info: Heat Included, Other
Rental
Rent Information
- Total Leases: 1
Property History for 131-133 Elm Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 131-133 Elm Street
Taxable ValueLand$77,300Additions$513,100Total$590,400
Tax Record2021$9,286 ($774 / month)
Home Facts
Baths3.5Total Finished SqFt4,645 SqFtAbove Grade Finished SqFt4,645 SqFtStories3Lot Size5,227 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyWASHINGTONAPN(126) 043131000
Schools near 131-133 Elm Street
This home is within Montpelier Roxbury Unified Union School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | PK to 4 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Union Elementary School PublicPK to 4 | ||
Roxbury Village School PublicPK to 4 | ||
Main Street School Public5 to 8 | ||
Montpelier High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of 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 Site 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 12/18/2024 06:32 AM
