198 Elm ST, Manchester, VT 05255
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198 Elm ST, Manchester, VT 05255
198 Elm ST, Manchester, VT 05255
198 Elm ST, Manchester, VT 05255
198 Elm ST, Manchester, VT 05255
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Listed by The Nancy Jenkins Team • Nancy Jenkins Real Estate
$ 750,000
Est. payment /mo
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198 Elm ST Manchester, VT 05255

7 Beds

5 Baths

3,216 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,216 sqft

Price per Sqft $233

MLS Listing ID 5097410

Bedrooms 7

Full Baths 5

Construction Status Existing

Year Built 1900

Annual Tax Amount $7,079

Tax Year 2025

Lot Size 10,454 Sqft

Acres 0.24

Property Description

Rare opportunity to own a well-maintained 4-unit property in the heart of Manchester, one of Southern Vermont's most sought-after destinations. Offered at an attractive 8% cap rate, this unique investment features a charming 2-bedroom, 2-bath carriage house, two 2-bedroom, 1-bath units, and a 1-bedroom, 1-bath apartment, providing an appealing mix for a variety of tenants. Recent updates include new flooring installed in one unit in 2026, further enhancing the property's appeal. Manchester is renowned for its blend of small-town charm and year-round recreation. Residents enjoy easy access to world-class skiing, hiking, golf, fly fishing, and the scenic beauty of the Green Mountains, along with upscale dining, boutique shopping, and cultural attractions. The area's strong sense of community and vibrant four-season lifestyle continue to make it one of Vermont's premier destinations. Whether you're expanding your portfolio or seeking a quality asset in an exceptional location, this property offers the perfect combination of income, character, and long-term value.3D Virtual Tours Available Upon Request.

Location

State VT

County Vt-bennington

Area Vt-Bennington

Zoning Residential

Rooms

Basement Entrance Interior

Basement Crawl Space

Interior

Cooling None

Exterior

Utilities Available Cable Available

Roof Type Shingle,Slate

Building

Story 2

Sewer Public

Architectural Style Colonial

Construction Status Existing


PrimeMLS
Dino Amato

Dino Amato

Agent | License ID: 074550

+1(603) 275-1191

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198 Elm ST