List Price: $350,000 | $70 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 2 One Bedroom Units , 0 - Two Bedroom Units ,0 - Three Bedroom Units
Listed Monday Apr 21, 2025 | MLS# 5037100
144 Elm Street Montpelier VT
Listed by Timothy Heney Heney Realtors - Element Real Estate (Montpelier)
Situated on a rare and expansive 1.3+ acre lot in vibrant Downtown Montpelier, this unique property has served as a church since 1945 and offers incredible potential for redevelopment or restoration. The 3-story, turn-of-the-century building is accompanied by a 1,240 sq ft single-story addition. The upper levels have been previously configured as apartments, providing a flexible layout for future use. While the property sustained damage during the July 2023 flooding, important steps have been taken to stabilize the structure, and major electrical entrances have been substantially updated--laying the groundwork for new possibilities. Whether you're considering residential, community, or mixed-use redevelopment, this site is ready for transformation. Adding to its appeal is a rare 20-car parking area, with 15 spaces currently leased and generating steady rental income. Don't miss this opportunity to bring new life to a historic property in one of Vermont's most charming and walkable downtowns.
Sale Includes : Land/Building

Annual Expenses

Taxes: $0
Income

UNIT 1

Beds: 1
Baths: 1
Rooms: 4
Level: 2
Info : Heat Included

UNIT 2

Beds: 1
Baths: 1
Rooms: 3
Level: 3
Info : Heat Included
Construction: Wood Frame | Clapboard Exterior | Wood Siding
Year Built: 1940
Style: New Englander | Other | w/Addition
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 6564
Above Grade Sq.Ft.: 5012
Basement: Crawl Space | Dirt Floor | Stairs - Interior | Sump Pump | Unfinished
Foundation: Concrete | Fieldstone
Roof: Shingle | Standing Seam
Garage And Parking: Driveway | Leased | Off Street | On-Site | Parking Spaces 11 - 20 | Reserved
Seasonal: Unk
Heating: None
Cooling: None
Electric: 100 Amp | Circuit Breaker(s)
Trash: Private
Utilities: Cable - Available | Telephone Available
Electric Meters: 4
Water: Metered | Public | Public Water - On-Site
Sewer: Metered | Public | Public Sewer On-Site
Land Information
City Lot | Curbing | Sidewalks | Near Shopping | Near Public Transportatn
Lot size: 1.32 acres
Zoned: Mixed Use Residential)
Surveyed: Unk
Flood Zone: Unknown
Driveway: Common/Shared | Crushed Stone


Docs Available : Other | Property Disclosure
Taxes $0
Assesed Value Not Reported
Schools
School District: Montpelier School District
Elementary School: Union Elementary School
Middle School: Main Street Middle School
High School: Montpelier High School

© 2000-2025 Clerkin Agency Real Estate
NEREN Logo
565 Maple Street, White River Junction, Vermont. 05001 802-295-1355
Copyright © 2025 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. Data last updated May 1st, 2025

PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to consumers for their review and acknowledgment at the appropriate time. These forms can be accessed here:
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM