162 Highland Avenue Manchester VT Multi Family For Sale $699000

List Price: $699,000 | $187 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 2 One Bedroom Units , 0 - Two Bedroom Units ,1 - Three Bedroom Units
Date Listed Thursday Aug 22, 2024 | MLS# 5010923

Address: 162 Highland Avenue Manchester VT
Listed by Dave White OwnerEntry.com
Description:
**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.

Annual Expenses

Taxes: $4,850

Income

UNIT 1 INFORMATION

Beds: 1
Baths: 1
Rooms: 3

UNIT 2 INFORMATION

Beds: 1
Baths: 1
Rooms: 3

UNIT 3 INFORMATION

Beds: 3
Baths: 1
Rooms: 6

Construction: Wood Frame
Year Built: 1940
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3736
Above Grade Sq.Ft.: 3736
Basement: Concrete Floor | Storage Space | Unfinished
Foundation: Concrete

Roof: Shingle - Asphalt
Garage And Parking: Off Street
Seasonal: No

Heating: Propane | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - Available
Electric Meters:
Water: Public
Sewer: Public

Land Information
Open
Lot size: 0.76 acres
Zoned: com/res)
Surveyed: Unk
Flood Zone: Unknown
Roads: Public
Road Frontage: 87
Driveway: Other

Additional Information
Taxes $4,850
Assesed Value Not Reported

Schools

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

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