This 7 unit multi family property located in Manchester's Depot district has been owned and managed by the same partnership group for almost 40 years. The property is fully occupied with good tenants and is in excellent condition. There are 4 apartments on the first floor, two apartments on the second floor and one on the third floor. There is plenty of off street parking both in front of the building and in a large lot behind the building. There is coin operated laundry in the basement for additional revenue. There is a central heating system but each unit has its own electric meter, so heat is included in the rent but tenants pay their own electric. The in town location provides tenants with easy access to all the amenities that Manchester has to offer. The listing agent is related to one of the owners of the property.

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Tax Information

Tax Year2024

Building

Year Built1850
Building ConstructionWood Frame, Wood Siding
Units7
Unit 1 Bath1
Unit 1 Bedrooms2
Unit 1 Floor Location1
Unit 2 Bath1
Unit 2 Bedrooms1
Unit 2 Floor Location1
Unit 3 Bath1
Unit 3 Bedrooms2
Unit 3 Floor Location1
Unit 4 Bath1
Unit 4 Floor Location1
Unit 5 Baths1
Unit 5 Bedrooms2
Unit 6 Baths1
Unit 6 Bedrooms1
Unit 7 Baths1
# of 1 Bedrooms4
Unit 7 Bedrooms1
# of 2 Bedrooms3
Bathroom7
Total Baths7
BasementConcrete Floor, Exterior Access, Unfinished
FoundationConcrete, Stone

Basic Information

StatusACT
List Price$885,000
Date Price Change12/04/2024
MLS Number5023827
MLS StatusActive

Property

Acreage0.24
GarageNo
Parking Spaces
Lot Description
- In Town
- Level
- Near School(s)
- Near Shopping
- Neighborhood
- Sidewalks
Square Feet5,103
APX Fin AG Sqft5,103
Road Frontage66
AreaVT-Bennington

Amenities

Exterior AmenitiesPorch - Covered
PricePerSqFt173.43

Other

Taxes$10,810
Seasonal Y/NNo
Date Listed12/04/2024
View Count4

Location

TownManchester
StateVT
Zip05255
CountyBennington
ZoningMixed Use 1
Elementary SchoolManchester Elem/Middle School
Junior HighManchester Elementary& Middle
High SchoolBurr and Burton Academy
Address53 Elm Street
Flood Zone Y/NNo

Interior

FloorsCarpet, Laminate, Vinyl, Wood

Exterior

RoofMetal, Shingle - Asphalt, Slate

Utilities

Heat SystemPropane, Baseboard, Multi Zone
Electric100 Amp, Circuit Breaker(s)
SewerPublic
UtilitiesCable - Available, Gas - LP/Bottle

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated January 24, 2025 7:23 PM EST

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53 Elm StreetManchester, VT 05255MLS Number 5023827

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