$599,000
$80K PRICE DROP

162 Highland Ave Manchester Center, VT 05255

Estimated payment $3,596/month

Total Views 8,931
5 Beds
3 Baths
3,836 Sq Ft
$156 Price per Sq Ft

Highlights

  • Cape Cod Architecture
  • Hot Water Heating System
  • Level Lot
  • Mountain View

About This Home

Easy Investment Opportunity! Three unit multi-family. Great passive income. Turn key money maker! Spacious layout with privacy for each unit. The main level unit offers an open living dining area, three bedrooms, one-bath with mountain views off the spacious deck. The second floor offers two separate one-bedroom, one-bath units. Each unit has its own entrance. The lower level provides storage for each unit, utilities and a coin-operated laundry. The option to build a second 5-unit building is there, and the current owner has more info to share. This was once a four-unit and could be again. Plenty of parking. Close proximity to everything Manchester has to offer. Restaurants, Deli, Gym, Shopping. School Choice 9-12 and only 10 min to Bromley.

Listing Agent

Margretta Fischer

Wohler Realty Group License #081.0133985 Listed on: 02/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,846

Year Built

  • Built in 1940

Lot Details

  • 0.76 Acre Lot
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction

Interior Spaces

  • Property has 2.5 Levels
  • Mountain Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Basement

  • Heated Basement
  • Walk-Out Basement

Parking

  • Stone Driveway
  • On-Site Parking
  • 1 to 5 Parking Spaces

Schools

  • Manchester Elem/Middle Elementary School
  • Manchester Elementary& Middle School
  • Choice High School

Utilities

  • Hot Water Heating System

Community Details

  • 3 Units
  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,846

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: Depot Street to Highland Ave. Continue straight after the stop sign. The property is on the right, look for sign.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1940
  • Display On Internet: High Speed Intrnt at Site
  • Architectural Style: Cape, Multi-Family, w/Addition
  • ResoLotFeatures: Level, Mountain View, Sloping, In Town
  • Road Frontage Type: Paved, Public Maintained Road
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 3736.0
  • Unit Levels: 2.5
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Walkout
  • Separate_Utilities: Varies
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 5
  • Basement: Climate Controlled, Concrete, Concrete Floor, Assigned Storage, Storage Space, Walkout, Basement Stairs
  • Basement YN: Yes
  • Below Grade Sq Ft: 100.0

Exterior Features

  • Driveway: Crushed Stone
  • Roof: Asphalt Shingle
  • Construction Type: Wood Frame
  • Foundation Details: Poured Concrete

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site, Parking Spaces 1 - 10

Utilities

  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Heating: Propane, Hot Water
  • Cooling: None
  • Utilities: Underground Gas
  • Water Source: Public

Schools

  • Elementary School: Manchester Elem/Middle School
  • High School: Choice
  • Middle Or Junior School: Manchester Elementary& Middle

Lot Info

  • Surveyed: Unknown
  • Zoning: Multi family, Residental
  • Lot Size Acres: 0.76
  • Lot Size Sq Ft: 33106.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4846.0

Multi Family

  • Number Of Units Total: 3
  • Number Of Units Leased: 2

Map

Range of Values:

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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
08/08/2025 08/08/25 Price Changed $599,000 -7.7% $160 / Sq Ft
05/22/2025 05/22/25 Price Changed $649,000 -4.4% $174 / Sq Ft
02/22/2025 02/22/25 For Sale $679,000 +199.2% $182 / Sq Ft
07/30/2015 07/30/15 Sold $226,928 -24.1% $61 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $299,000 -- $80 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5030098

PrimeMLS