Attention investors! Classic historic building, in a convenient downtown Montpelier location. The three leased 1-bedroom apartments, and a vacant flexible mixed use space. 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.
Closed
Listed by: Element Real Estate • Jessica Laffal
Bought with: Ridgeline Real Estate
$400,000
131-133 Elm Street, Montpelier, VT 05602
3beds
4,645sqft
Multi Family
Built in 1900
-- sqft lot
$420,200 Zestimate®
$86/sqft
$1,970 Estimated rent
Home value
$420,200
$319,000 - $555,000
$1,970/mo
Zestimate® history
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List your homeWhat's special
River viewsCharming historic wood detailsSmall shared backyardNice natural light
Zillow last checked:
Listing updated:
Listed by:
Jessica Laffal,
Element Real Estate Cell:802-233-5263
Bought with:
Rebecca Couture
Ridgeline Real Estate
Source: PrimeMLS,MLS#: 5021802
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Propane, Baseboard, Zoned
Cooling
- None
Appliances
- Included: Water Heater off Boiler, Owned Water Heater
Features
- Flooring: Carpet, Vinyl, Vinyl Plank
- Basement: Concrete,Full,Sump Pump,Interior Entry
Interior area
- Total structure area: 6,117
- Total interior livable area: 4,645 sqft
- Finished area above ground: 4,645
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Paved, Driveway, Leased, Parking Spaces 2
- Has uncovered spaces: Yes
Features
- Levels: 3
- Patio & porch: Covered Porch
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: River
- Body of water: North Branch Winooski River
Lot
- Size: 5,227 Square Feet
- Features: City Lot, In Town
Details
- Zoning description: Residential/Commercial
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Historic Vintage
- Property subtype: Multi Family
Materials
- Wood Frame, Clapboard Exterior
- Foundation: Concrete
- Roof: Membrane,Architectural Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Location
- Region: Montpelier
Financial & listing details
- Price per square foot: $86/sqft
- Annual tax amount: $14,480
- Date on market: 11/11/2024
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $400,000$86/sqft |
Source:  PrimeMLS #5021802 Report a problem | ||
| 7/15/2025 | Contingent | $400,000$86/sqft |
Source: PrimeMLS #5021802 Report a problem | ||
| 6/12/2025 | Listed for sale | $400,000$86/sqft |
Source: PrimeMLS #5021802 Report a problem | ||
| 6/12/2025 | Contingent | $400,000$86/sqft |
Source: PrimeMLS #5021802 Report a problem | ||
| 4/30/2025 | Price change | $400,000-11.1%$86/sqft |
Source: PrimeMLS #5021802 Report a problem | ||
| 1/22/2025 | Price change | $450,000-5.3%$97/sqft |
Source: PrimeMLS #5021802 Report a problem | ||
| 11/11/2024 | Listed for sale | $475,000-12.8%$102/sqft |
Source: PrimeMLS #5021802 Report a problem | ||
| 5/22/2024 | Listing removed | -- |
Source: PrimeMLS #4987860 Report a problem | ||
| 3/28/2024 | Price change | $545,000-8.4%$117/sqft |
Source: PrimeMLS #4987860 Report a problem | ||
| 3/13/2024 | Listed for sale | $595,000$128/sqft |
Source: PrimeMLS #4987860 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 05602
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Nearby schools
GreatSchools rating
- 10/10Main Street SchoolGrades: 5-8Distance: 0.2 mi
- 9/10Montpelier High SchoolGrades: 9-12Distance: 0.7 mi
- NAUnion Elementary SchoolGrades: PK-4Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Union Elementary School
- Middle: Main Street Middle School
- High: Montpelier High School
- District: Montpelier School District
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Vermont
- Washington County
- Montpelier
- 05602
- 131-133 Elm Street
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