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7190 Main St
Manchester Center, VT 05255
Multifamily Property For Sale
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4 Units
PROPERTY FACTS
| No. Units | 4 | Lot Size | 2.00 AC |
| Property Type | Multifamily | Building Size | 6,698 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1980 |
| Building Class | C |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 6,698 SF |
| No. Stories | 2 |
| Year Built | 1980 |
ABOUT 7190 MAIN ST , MANCHESTER CENTER, VT 05255
Beautiful, carefully-restored barn offering 6698 sq. ft of mixed-use space in an attractive, accessible location with great parking. Offering 3 to 4 units: 1810 sq. ft. owner-occupied residence, a gallery/retail space, professional offices and business/residence all with excellent rental history. Varied space and ceiling heights invite a wide range of uses on a very nice 2+ acre lot. As an investment this property could provide the buyer with many options; as a home or second home, or fill all of the units with tenants and enjoy a CAP rate of over 9%. If the buyers occupy the large apt. the positive cash flow would be about $900 per month if the property were conventionally financed. Four-Season Destination Vacation Area, accessible to visitors from the tri-state area, Boston and Montreal, with a full-time population higher than VT average income. Property is located on main road about 2 miles north of town center. There is a population of over 40 million within a 5 hour drive.
PROPERTY TAXES
| Parcel Number | (116)1421 | Improvements Assessment | $615,000 |
| Land Assessment | $155,500 | Total Assessment | $770,500 |
PROPERTY TAXES
