Manchester, VT | 198 Elm Street

$750,000
MLS#: 5097410
4
# of Units
3,216
Total Sq. Feet
0.24
Acres
$7,079
Taxes
1 of 21

General Property Information

Price:
$750,000
County:
VT-Bennington
Acres:
0.24
Property Type:
Multi-Family
Property Status:
Active
# of Units:
4
Agency/Brokerage:
The Nancy Jenkins Team
Nancy Jenkins Real Estate

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.

Features

Property Type:
Multi-Family
# of Units:4
Subdivision Name:
Year Built:
1900
Parking:
Road Frontage:
0
Acres:0.24
Gross Income:
78,000
Annual Expenses:
0
# of Gas Meters:
# of Electric Meters:
0
Sq Ft (Above Ground):
3216
Sq Ft (Below Ground):
0
Total Sq Ft:
3216
Land Description:Near Shopping,Neighborhood,Near Public Transport
Elementary School:
Middle School:
High School:
Financing Details:
Documents Available:

Unit Information

Unit 1

#Rooms:
0
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
286
Floor:
Unit Style:
Monthly Rent:
1100.00

Unit 2

#Rooms:
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
840
Floor:
Unit Style:
Monthly Rent:
1500.00

Unit 3

#Rooms:
#Bedrooms:
#Baths:
1
Sq. Ft.:
840
Floor:
Unit Style:
Monthly Rent:
1500.00

Unit 4

#Rooms:
#Bedrooms:
2
#Baths:
2
Sq. Ft.:
1250
Floor:
Unit Style:
Monthly Rent:
2400.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2026-06-30
Last Updated:

Morrisville Office

Nancy Pritchard

(P) 808.888.1102
(F) 802.888.1106
email

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