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198 Elm St

Manchester Center VT 05255

7
5
5058 sq. ft.
10454 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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

7 bedrooms
5 bathrooms
5058 sq. ft. floor area
10454 sq. ft. lot size
Multi-Family

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Local market activity for 7 bedroom multi families in Manchester Center

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