120 Elm St Montpelier, VT 05602
Downtown Montpelier NeighborhoodEstimated payment $1,154/month
Highlights
- 1 Car Attached Garage
- Forced Air Heating System
- Hot Water Heating System
- Main Street School Rated A-
About This Home
Attention flippers, contractors, investors, and those looking for an amazing investment with the ability to put in loads of sweat equity, you won't want to miss out on this exciting investment opportunity in the heart of Montpelier, VT! Within walking distance of all the amenities, convenience, and charm the downtown Montpelier area is known for, this location is tough to beat. The property itself boasts 4 bedrooms and 2 bathrooms, presenting the ideal canvas for a savvy investor or a future homeowner with a passion for renovation to bring the property back to life, and do so with unlimited options at their finger tips upon completion. Whether the plan is to flip and resell, fix up and rent out as a part of your portfolio, or renovate with the intention of making it your forever home, there is tremendous update with 120 Elm. With over 1600 square feet of living space and an 800 square foot basement, the potential for transformation is endless, and is poised for your efforts to return it to its' former glory. AND did we mention the property is zoned for both residential use as well as commercial?! Opportunities like this in such a captivating location do not last long! Seize your chance to breathe new life into this property and be part of the revitalization of Montpelier's real estate landscape.
Home Details
Home Type
- Single Family
Year Built
- Built in 1830
Lot Details
- 9,148 Sq Ft Lot
Parking
- 1 Car Attached Garage
- Gravel Driveway
Home Design
- Repairs Needed
- Stone Foundation
- Wood Frame Construction
- Metal Roof
Interior Spaces
- Property has 2 Levels
- Basement
- Interior Basement Entry
Bedrooms and Bathrooms
- 4 Bedrooms
Location
- Flood Zone Lot
- City Lot
Schools
- Union Elementary School
- Main Street Middle School
- Montpelier High School
Utilities
- Forced Air Heating System
- Hot Water Heating System
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,854 | $161,100 | $76,100 | $85,000 |
| 2023 | $3,111 | $254,300 | $76,100 | $178,200 |
| 2022 | $4,901 | $159,400 | $37,800 | $121,600 |
| 2021 | $4,710 | $159,400 | $37,800 | $121,600 |
| 2020 | $4,629 | $159,400 | $37,800 | $121,600 |
| 2019 | $4,423 | $159,400 | $37,800 | $121,600 |
| 2018 | $4,282 | $159,400 | $37,800 | $121,600 |
| 2016 | $4,234 | $159,400 | $37,800 | $121,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | Pending | -- | -- | -- |
| 05/22/2025 05/22/25 | Price Changed | $154,000 | -8.9% | $94 / Sq Ft |
| 04/12/2025 04/12/25 | Off Market | $169,000 | -- | -- |
| 04/08/2025 04/08/25 | Price Changed | $169,000 | 0.0% | $104 / Sq Ft |
| 04/08/2025 04/08/25 | For Sale | $169,000 | -5.6% | $104 / Sq Ft |
| 02/11/2025 02/11/25 | For Sale | $179,000 | -- | $110 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $30,000 | -- |
Source: PrimeMLS
MLS Number: 5029036
APN: 405-126-10781
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