$2,650,000

16 Lincoln St Essex Junction, VT 05452

Estimated payment $15,366/month

Total Views 42,029
6 Beds
2 Baths
7,824 Sq Ft
$339 Price per Sq Ft

Highlights

  • 3 Car Attached Garage
  • Central Air
  • High Speed Internet
  • Thomas Fleming School Rated A-
  • Baseboard Heating

About This Home

Prime Investment Opportunity in the Heart of Essex Junction! Location is everything, and this property delivers. Situated in the highly sought-after Village Center Zoning district, it offers endless possibilities for residential, commercial, or mixed-use development. The property currently features a spacious 4-bedroom home, a 3,600 sq. ft. commercial space with a 2-bedroom apartment above, and a commercial garage/office space at the rear. With road frontage on both Lincoln Street and School Street, it provides excellent visibility and accessibility. Additionally, the open land offers potential for future development. Positioned right at Five Corners in Essex Junction, this is a rare opportunity to invest in a high-traffic, high-growth area.

Listing Agent

The Nancy Jenkins Team

Nancy Jenkins Real Estate Listed on: 03/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,968

Year Built

  • Built in 1900

Parking

  • 3 Car Attached Garage

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Basement
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Air
  • Baseboard Heating
  • High Speed Internet

Additional Features

  • 0.48 Acre Lot
  • City Lot

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $94,800
  • Net Operating Income $77,466

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,968

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Directions: Take VT-2A N. stay straight at the 5 corners intersection in Essex to Lincoln Street, property on the left.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1900
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Multi-Family
  • ResoLotFeatures: City Lot
  • Road Frontage Type: Public
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 7824.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 7824
  • SqFt_Apx_Unfn_Above_Grade: 0
  • SqFt_Apx_Unfn_Below_Grade: 1002
  • SqFt_Apx_Total: 8826
  • Basement_Access_Type: Interior
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater–Natural Gas
  • Total Bedrooms: 6
  • Basement: Unfinished
  • Basement YN: Yes

Exterior Features

  • Driveway: Paved
  • Roof: Shingle - Asphalt
  • Construction Type: Wood Frame, Vinyl Exterior
  • Foundation Details: Concrete

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard
  • Cooling: Central Air, None
  • Utilities: Other
  • Water Source: Public

Lot Info

  • Surveyed: Unknown
  • Zoning: Village Center
  • Lot Size Acres: 0.48
  • Lot Size Sq Ft: 20909.0

Multi Family

  • Gross Income: 94800.0
  • Number Of Units Total: 4
  • Net Operating Income: 77466.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14968.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 For Sale $2,650,000 -- $339 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5033938

PrimeMLS
Vermont Chittenden County Essex Junction 05452

16 Lincoln St, Essex Junction, VT

This home is located at 16 Lincoln St, Essex Junction, VT 05452 and is currently priced at $2,650,000, approximately $338 per square foot. This property was built in 1900. 16 Lincoln St is a home located in Chittenden County with nearby schools including Summit Street School, Hiawatha Elementary School, and Thomas Fleming School.

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The Nancy Jenkins Team
Listing Agent
The Nancy Jenkins Team
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Nancy Jenkins Real Estate
(802) 481-3921