List Price: $805,000 | $158 per sq.ft. Multi Family A 7 Unit Multi Family Home
With 4 One Bedroom Units , 3 - Two Bedroom Units ,0 - Three Bedroom Units
Listed Wednesday Dec 4, 2024 | MLS# 5023827
53 Elm Street Manchester VT
Listed by David Citron RE/MAX Four Seasons
This 7 unit multi family property located in Manchester's Depot district has been owned and managed by the same partnership group for almost 40 years. The property is fully occupied with good tenants and is in excellent condition. There are 4 apartments on the first floor, two apartments on the second floor and one on the third floor. There is plenty of off street parking both in front of the building and in a large lot behind the building. There is coin operated laundry in the basement for additional revenue. There is a central heating system but each unit has its own electric meter, so heat is included in the rent but tenants pay their own electric. The in town location provides tenants with easy access to all the amenities that Manchester has to offer. The listing agent is related to one of the owners of the property.
Annual Expenses

Taxes: $10,810
Income
Appliances : Water Heater – Electric | Water Heater–Gas–LP/Bttle | Water Heater – Off Boiler | Water Heater – Tank

UNIT 1

Beds: 2
Baths: 1
Rooms: 0
Level: 1
Status : Month to Month

UNIT 2

Beds: 1
Baths: 1
Rooms: 0
Level: 1
Status : Leased

UNIT 3

Beds: 2
Baths: 1
Level: 1
Status : Leased

UNIT 4

Beds: 1
Baths: 1
Level: 1
Status : Leased

UNIT 5

Beds: 2
Baths: 1
Rooms: 0
Level: 2

UNIT 6

Beds: 1
Baths: 1
Level: 2
Status : Leased

UNIT 7

Beds: 1
Baths: 1
Rooms: 0
Level: 3
Status : Leased
Construction: Wood Frame | Wood Siding
Year Built: 1850
Style: Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 7234
Above Grade Sq.Ft.: 5103
Basement: Concrete Floor | Unfinished | Exterior Access
Foundation: Concrete | Stone
Exterior Features:
Porch - Covered
Roof: Metal | Shingle - Asphalt | Slate
Garage And Parking: Off Street | Parking Spaces 5 - 10
Seasonal: No
Heating: Propane | Baseboard | Multi Zone
Cooling: None
Electric: 100 Amp | Circuit Breaker(s)
Utilities: Cable - Available | Gas - LP/Bottle
Electric Meters:
Water: Public
Sewer: Public
Land Information
Level | Sidewalks | In Town | Near Shopping | Neighborhood | Near School(s)
Lot size: 0.24 acres
Zoned: Mixed Use 1)
Surveyed: Unk
Flood Zone: No
Road Frontage: 66
Driveway: Paved


Taxes $10,810
Assesed Value Not Reported
Schools
School District: Taconic and Green Regional
Elementary School: Manchester Elem/Middle School
Middle School: Manchester Elementary& Middle
High School: Burr and Burton Academy

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