1 month on rocket

131-133 Elm St, Montpelier, VT, 05602

$545,000

0.12 Acres
$117/SqFt
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
ParkingDriveway, Leased, Parking Spaces 2, Parking Spaces 4
Year Built1900
HeatingBaseboard
CoolingNone
BasementYes
MLS #4987860
Lot Size0.12 Acres
StatusActive

About 131-133 Elm St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 3
  • Living Area: 4,645 SqFt

Listing Office:

  • Office Name: Element Real Estate
  • Office Phone: (802) 497-2575
  • Listing Agent: Jessica Laffal

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpet, Vinyl, Vinyl Plank

Exterior Features

Exterior Information:

  • Exterior: Porch - Covered

Parking Information:

  • Parking: Driveway, Leased, Parking Spaces 2, Parking Spaces 4

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

School Info

Assigned Schools Information:

  • Main Street School, Public District Grades 6-8
  • Union Elementary School, Public District Grades PK-5

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $545,000
  • Price Per SqFt: $117/SqFt
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Housing Market Comparison

See how this home compares to others in Montpelier, VT.

Med. Sold Price

$460K

Med. Price/SqFt

$248

# of Sold Homes

5

131-133 Elm St vs Montpelier

44 DAYS ON ROCKET

$545,000

+$85K More

$117/SqFt

-$132 Less

KEY TAKEAWAY

This property is $85K more than the Median Sold Price and $132/SqFt less than other homes in Montpelier, VT.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #4987860

Listing Office:

  • Office Name: Element Real Estate
  • Office Phone: (802) 497-2575
  • Listing Agent: Jessica Laffal

IDX© 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.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 2:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,788

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,700

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1315728
6
/10
  • Union Elementary School

  • 1 Park Ave

  • 0.27 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1315729
8
/10
  • Main Street School

  • 170 Main St

  • 0.36 miles

  • Public District Grades 6-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,824. The majority of Montpelier, VT residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 131-133 Elm St

What is the listing price of this property?

The listing price of 131-133 Elm St property is $545,000.

What type of property is this?

The property 131-133 Elm St is land located in Montpelier, Vermont, 05602.

Is this property for sale now?

Active Listing: 131-133 Elm St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 131-133 Elm St are:
Union Elementary School: GreatSchools Rating 6/10
Main Street School: GreatSchools Rating 8/10

How much acreage is this property?

The property 131-133 Elm St is 0.12 acres.
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Rocket HomesVermontWashington CountyMontpelier05602131-133 Elm St

This home is located at 131-133 Elm St in Montpelier, VT and zip code 05602. This 4,645 square foot home, which was built in 1900, sits on a 0.12 acre lot. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $545,000.

In March 2024, from all listings sold in Montpelier, VT there were more than 2 sold above asking price, over 1 sold below and more than 2 were sold right at the asked price. The number of listings in Montpelier, VT increased by 11.1% between February 2024 and March 2024.

From Rocket Homes Real Estate and based on county public records data.

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