**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.
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.
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.
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.