Manchester VT Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
3,736
Status:
Active
Beds:
n/a
Lot size:
0.76 Acres
Year built:
1940
Baths:
MLS#:
5010923

ADDITIONAL INFORMATION

**IDEAL FOR A LIVE-IN INVESTOR OR DEVELOPERS LOOKING TO GROW THEIR INVESTMENT** Take advantage of this huge multifamily development opportunity in the heart of Manchester! There is an existing triplex on the property with beautiful mountain views. This building consists of basement with coin op laundry and individual storage locations for tenants and owner. 1st floor consists of a 3 bedroom/1 bath unit with a front & side deck. 2nd floor has 2: 1 bed/ 1 bath units. Separate entrances for each unit. Mountain view from each unit. The property is zoned for 8 units total, and we have plans for an additional 5-unit build. Everything is on Town water/sewer - reach out for SPIR and YTD P&L. Manchester is a beautiful town and an incredible place to invest.

Type:
Multi-Family
Sq.Ft.:
1,646
Status:
Active
Beds:
n/a
Lot size:
0.54 Acres
Year built:
1910
Baths:
1.00
MLS#:
4987109

ADDITIONAL INFORMATION

Two apartments in town, a studio and a barn on 0.54 acre. Charming Victorian in Manchester has endless possibilities for new buyers. This home has a floor plan suitable for multi-generational family, single family or rental/investment. Separate heated studio is great for a home business. Detached barn with a storage above can be used as a garage or converted to an additional living/investment rental space with town water and town sewer. Great location within walking distance to town amenities. All measurements are approximate. Motivated seller.

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Andrea D. Conner, License 71221, Xome Inc., License 68390, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067



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Manchester Real Estate

The median home value in Manchester, VT is $722,500. This is higher than the county median home value of $315,000. The national median home value is $338,100. The average price of homes sold in Manchester, VT is $722,500. Approximately 44.71% of Manchester homes are owned, compared to 19.13% rented, while 36.16% are vacant. Manchester real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Manchester real estate agent to arrange a tour today!

Manchester, Vermont has a population of 4,466. Manchester is less family-centric than the surrounding county with 17.03% of the households containing married families with children. The county average for households married with children is 22.94%.

The median household income in Manchester, Vermont is $81,885. The median household income for the surrounding county is $63,448 compared to the national median of $69,021. The median age of people living in Manchester is 53.1 years.

Manchester Weather

The average high temperature in July is 80.1 degrees, with an average low temperature in January of 10.2 degrees. The average rainfall is approximately 45.9 inches per year, with 71.2 inches of snow per year.

Manchester Real Estate Market Conditions

  • Median sales price

    $722,500
    19.1% change since last quarter
  • # Active listings

    54
    30-day change

Manchester Schools and Demographics

Education near Manchester, VT

Metric City County
High School Graduates 96.25 94.01
College Degree - 2 year 10.15 8.62
College Degree - 4 year 48.86 38.5
Graduate Degree 18.65 12.4
Expenditures per Student 20,852 20,852
Students per Teacher 17 17

Elementary Schools near Manchester, VT

School Grades Students P/T Ratio ZIP
Dorset Elementary School PK - 08 213 11.2 05251
Fisher School PK - 05 219 12.9 05250
Manchester Elementary/Middle School PK - 08 385 9.2 05255
Shaftsbury Elementary School PK - 06 267 16.9 05262
Sunderland Elementary School PK - 06 82 12.4 05250

Ungraded Schools near Manchester, VT

School Grades Students P/T Ratio ZIP
Arlington Memorial 06 - 12 215 11.2 05250

Demographics near Manchester, VT

Metric City County
Neighborhood Type Suburban
Population 4,466 37,235
Population Density 106 55
Median Age 53.1 46.4
People per Household 2.3 2.5
Median Household Income 81,885 63,448
Average Income per Capita 45,351 35,475