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Four-Unit Multifamily with Carriage House

198 Elm Street Manchester, VT 05255

198 Elm Street, Manchester, VT, 05255
$750,000
For Sale
$750,000

MULTI_FAMILY - Colonial - Manchester, VT

Property Size3,216 SF
Lot Size0.24 Acres
Price / SF$233.21
Days on Market22

Property Features for 198 Elm Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
7
Bathrooms
5
Rooms
Bedroom 4, Basement, Bedroom 2, Bedroom 1, Bedroom 7, Bathroom 4, Bathroom 2, Bedroom 6, Bathroom 3, Bathroom 5, Bedroom 5, Bathroom 1, Bedroom 3
Standard status
Active
Size
3,216 SF
Lot size
0.24 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
7079

Utilities

Utilities
Cable Available
Heating system
Propane (Heating), Electric (Heating), Baseboard
Water source
Public

Building Details

Year built
1900
Floors in Building
2
Number of units
4
Building materials
Wood Frame
Roof type
Slate, Shingle
Architectural style
Colonial
Listing Agency Nancy Jenkins Real Estate
140 Kennedy Drive, Suite 102., South Burlington, VT
Listed by The Nancy Jenkins Team
Added: Jun 30 Updated: Jul 1 at 9:36 am Checked: Jul 21 at 3:06 am
MLS# 5097410 Listing URL

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale four-unit multifamily property includes one 2-bedroom, 2-bath carriage house, two 2-bedroom, 1-bath units, and one 1-bedroom, 1-bath apartment. The building is described as well-maintained, with recent updates that include new flooring installed in one unit in 2026. The total property size is listed as 3,216 square feet, sitting on a 0.24-acre lot.

Located at 198 Elm Street in Manchester, Vermont (Bennington County), the property is presented as being in the heart of Manchester. The listing notes the area’s year-round recreation and local amenities associated with Southern Vermont, including access to skiing, hiking, golf, fly fishing, and cultural and shopping options.

For buyers seeking a small residential income asset, the unit mix may appeal to tenants looking for either two-bedroom or one-bedroom layouts, along with the standalone carriage house configuration. The offering includes an indicated 8% cap rate, and a 3D virtual tour is available upon request. Zoning is listed as Residential, supporting multifamily use.

Key Highlights

  • 4‑unit property with a mix of unit sizes: 2BR/2BA carriage house, two 2BR/1BA units, and one 1BR/1BA apartment
  • Year built 1900 colonial‑style building with wood‑frame construction
  • Utilities include cable available; water source is public

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Electrical Service Garden Center (Bike/Boat/Book/etc) Store Auto Parts Store HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Catering Service Storage Facility Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Well-maintained quadplex offers a mix of unit types, including a 2-bedroom carriage house and three additional apartments.
Where is this quadplex located?
The property is located at 198 Elm Street Manchester, VT.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 4‑unit property with a mix of unit sizes: 2BR/2BA carriage house, two 2BR/1BA units, and one 1BR/1BA apartment; Year built 1900 colonial‑style building with wood‑frame construction; Utilities include cable available; water source is public
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