$1,250,000

1 Park St Underhill, VT 05489

Estimated payment $7,772/month

Total Views 2,169
9 Beds
6 Baths
5,328 Sq Ft
$235 Price per Sq Ft

Highlights

  • Barn
  • Wood Flooring
  • Baseboard Heating
  • Underhill Central School Rated A-
  • Garden
  • Wood Siding

About This Home

Fantastic, turn-key 6-unit commercial building in the center of Underhill's charming downtown. Fully rented with annual leases featuring off-street parking, accessory barn, and many updates throughout this historic and charming town icon. Long-term commercial tenant and residential tenants make this a diverse addition to any portfolio. Each unit has in-unit laundry, 2 off-street parking spaces, updated appliances, and charming features. Tenant pays electricity, hot water, and internet. Landlord pays heat, trash, water, and yard/driveway maintenance.

Listing Agent

Julie Lamoreaux

Coldwell Banker Hickok and Boardman Brokerage Phone: 802-578-7113 License #082.0007339 Listed on: 04/16/2026

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,932

Year Built

  • Built in 1856

Lot Details

  • 26,136 Sq Ft Lot
  • Garden

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Wood Frame Construction
  • Slate Roof
  • Wood Siding

Interior Spaces

  • Property has 2.5 Levels

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • Dirt Driveway
  • Off-Street Parking

Schools

  • Underhill Central Elementary School
  • Assigned Middle School
  • Assigned High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Water Heater
  • Septic Tank
  • Private Sewer
  • Cable TV Available

Additional Features

  • City Lot
  • Barn

Community Details

Overview

  • 6 Units

Building Details

  • 6 Leased Units
  • Gross Income $110,820
  • Net Operating Income $73,870

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,932

Year Built

Built in 1856

Lot Details

0.6 Acres

Listing Details

  • Directions: Route 15 to Underhill. Turn onto the northerly portion of Park Street and Brick House of Underhill is on the corner of Route 15 and Park Street. See sign. Parking in back.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1856
  • Display On Internet: Fiber Optic Internet
  • Architectural Style: Apartment Building
  • ResoLotFeatures: City Lot
  • Road Frontage Type: Paved
  • Attribution Contact: Cell: 802-578-7113
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 5328.0
  • Unit Levels: 2.5
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Interior
  • Above_Grade_Unfinished_Area_Source: Public Records
  • Below_Grade_Unfinished_Area_Source: Public Records
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 9
  • Flooring: Carpet, Hardwood, Tile
  • Basement: Full, Basement Stairs, Unfinished
  • Basement YN: Yes

Exterior Features

  • Driveway: Dirt, Gravel
  • Exterior Features: Barn, Garden
  • Roof: Slate
  • Easements: No
  • Construction Type: Brick Exterior, Wood Frame, Wood Siding
  • Foundation Details: Concrete, Fieldstone

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street

Utilities

  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Tank
  • Heating: Natural Gas, Baseboard
  • Cooling: None
  • Utilities: Cable, Phone Connected
  • Water Source: Public

Schools

  • Elementary School: Underhill Central School
  • High School: Assigned
  • Middle Or Junior School: Assigned

Lot Info

  • Surveyed: No
  • Zoning: Mixed Use
  • Lot Size Acres: 0.6
  • Lot Size Sq Ft: 26136.0

Multi Family

  • Gross Income: 110820.0
  • Number Of Units Total: 6
  • Net Operating Income: 73870.0
  • Number Of Units Leased: 6
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 11932.28

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $578,200 $145,400 $432,800
2024 -- $578,200 $145,400 $432,800
2023 -- $578,200 $145,400 $432,800
2022 $10,121 $578,200 $145,400 $432,800
2021 $7,572 $324,400 $79,500 $244,900
2020 $7,094 $324,400 $79,500 $244,900
2019 $6,878 $324,400 $79,500 $244,900
2018 $6,926 $324,400 $79,500 $244,900
2017 $6,719 $293,700 $85,000 $208,700
2016 $6,626 $324,400 $79,500 $244,900
2015 -- $3,244 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2026 04/16/26 For Sale $1,250,000 -- $235 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5083930

PrimeMLS

APN: (209) PA001

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