Updated Six-Unit Apartment
For Sale
$995,000
1 Park Street, Underhill, VT 05454
The property has mixed-use zoning, annual leases, and both commercial and residential tenants.
Property Size5,328 SF
Price / SF$186.75
Days on Market51
Property Features for 1 Park Street
General Information
Standard status
Active
Size
5,328 SF
Property subtype
Multi-Family
Zoning
Mixed Use
Occupancy
100%
Additional Details
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$11,932
Amenities
in-unit laundry
updated appliances
accessory barn
Building Details
Year Built
1856
Stories
2
Tenancy
Multi
Listing Agency:
Coldwell Banker Hickok and Boardman
Listed By:
Julie Lamoreaux
(802) 863-1500
Source:
Churchillprop
Added: Sep 6
Changed: Oct 25
Last Checked: Oct 24 at 2:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Hickok and Boardman
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Investment Insights
Based on property information with market context.
This 5,328-square-foot, six-unit building dates to 1856 and includes updated appliances, in-unit laundry, and two off-street parking spaces for each unit. The property also includes an accessory barn and has received numerous updates. Utility responsibilities are divided between occupants and ownership, with tenants covering electricity, hot water, and internet while the landlord handles heat, trash, water, and yard and driveway maintenance.
Situated in downtown Underhill, the building is fully leased under annual agreements. The tenant mix includes a long-term commercial occupant alongside residential tenants, creating a combination of commercial and residential use within the property.
Situated in downtown Underhill, the building is fully leased under annual agreements. The tenant mix includes a long-term commercial occupant alongside residential tenants, creating a combination of commercial and residential use within the property.
Key Highlights
- 5,328 SF six‑unit building constructed in 1856
- Fully rented under annual leases
- Commercial and residential tenant mix
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
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Business Placement
Demographics for 05454, VT
5,167
Population
2,085
Households
2.5
Avg Household Size
39
Median Age
49%
College-Educated
98%
High-School Grad
48.1 sq mi
ZIP Area
107
Density / Sq Mi
$118,438
Median Household Income
$56,130
Median Earnings
$1,054
Median Rent
$361,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - The property has mixed-use zoning, annual leases, and both commercial and residential tenants.
Where is this apartment building located?
The property is located at 1 Park Street Underhill, VT.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 5,328 SF six‑unit building constructed in 1856; Fully rented under annual leases; Commercial and residential tenant mix
