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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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184 Elm St , Montpelier, VT 05602
$1,100,000
Est. Payment: $2,444.44/mo
0 Bed
0 Bath
5180 Sqft
Status: Active | Days on site: 12
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5711 - 618763
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House Description

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.

Highlights

Listed by Kelly Realty Group , 802-922-6146 KW Vermont-Stowe , 802-760-3100.

Property Type

Commercial Sale

Lot/Acreage
0.28

Year Built

1850

County

Washington

Listing ID

5107094

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Yes,Bulkhead,Crawl Space,Partial,Unfinished

Exterior Features

Zoning:Mixed Use Residential
Sewer:Public
Parking Features:Assigned,Driveway,Parking Spaces 6+
Principal Interest
$2,444
Taxes
$1,451

Home Price

$1,100,000

Loan Details

30 yrs
%

Down Payment

20%
$220,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,444.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,444.44 $1,450.94 $0.00 $3,895.38
Yearly $29,333.33 $17,411.24 $0.00 $46,744.57
Total $880,000.00 $522,337.20 $0.00 $1,402,337.20

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Montpelier, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.