1 month on rocket

254 Elm St, Montpelier, VT, 05602

$749,000

0.24 Acres
$92/SqFt
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingOn-Site, Parking Spaces 6+
Year Built1890
HeatingBaseboard, Hot Water, Radiant, Steam
CoolingNone
BasementYes
MLS #5019974
Lot Size0.24 Acres
StatusActive

About 254 Elm St

Discover this exceptional 7-unit apartment building, ideally situated just moments from downtown Montpelier. This property features newer windows and offers ample parking, making it an attractive choice for tenants. With its prime location, you'll benefit from easy access to local amenities, shops, and restaurants, enhancing its appeal for renters. Whether you're a seasoned investor or looking to expand your portfolio, this building presents a fantastic opportunity to capitalize on Montpelier's thriving rental market. Don't miss your chance to own a piece of this vibrant community! Contact us today for more details and to schedule a viewing.

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Stories: 3
  • Living Area: 8,165 SqFt

Listing Office:

  • Office Name: Heney Realtors - Element Real Estate (Barre)
  • Office Phone: (802) 476-6500
  • Listing Agent: Joshua Gosselin

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood, Laminate

Exterior Features

Parking Information:

  • Parking: On-Site, Parking Spaces 6+

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water, Radiant, Steam
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $749,000
  • Price Per SqFt: $92/SqFt

Tax Information:

  • Annual Amount: $10,906
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$392.5K

Med. Price/SqFt

$334

# of Sold Homes

6

254 Elm St vs Montpelier

49 DAYS ON ROCKET

$749,000

+$356.5K More

$92/SqFt

-$243 Less

KEY TAKEAWAY

This property is $356.5K more than the Median Sold Price and $243/SqFt less than other homes in Montpelier, VT.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #5019974

Listing Office:

  • Office Name: Heney Realtors - Element Real Estate (Barre)
  • Office Phone: (802) 476-6500
  • Listing Agent: Joshua Gosselin

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 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.

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: 12/14/2024, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$10,906$399,200
2017$10,729$399,200

History based on county public records data.

Payment Calculator

$3,806

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,312

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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.

Nearby Schools

school-card-donut-2942525
4
/10
  • Union Elementary School

  • 1 Park Ave

  • 0.42 miles

  • Public District Grades PK-4

school-card-donut-2942526
4
/10
  • Berlin Elementary School

  • 372 Paine Tpke N

  • 3.54 miles

  • Public District Grades PK-6

school-card-donut-2942527
6
/10
  • East Montpelier Elementary School

  • 665 Vincent Flats Rd

  • 3.97 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,032. Residents of Montpelier, VT typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 254 Elm St

What is the listing price of this property?

The listing price of 254 Elm St property is $749,000.

What type of property is this?

The property 254 Elm St is land located in Montpelier, Vermont, 05602.

Is this property for sale now?

Active Listing: 254 Elm St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,906 (source: MLS/based on county public records data).

How much acreage is this property?

The property 254 Elm St is 0.24 acres.
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Rocket Homes›Vermont›Washington County›Montpelier›05602›254 Elm St

This home is located at 254 Elm St in Montpelier, VT and zip code 05602. This 8,165 square foot home, which was built in 1890, sits on a 0.24 acre lot. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $749,000.

In November 2024 more than 4 listings in Montpelier, VT were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below. Between October 2024 and November 2024, Montpelier, VT real estate market has seen decrease in the number of listings by 25.7%.

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

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