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    162 Highland Ave Manchester Center, VT 05255

    For Sale
    $599,000

    Three-unit multifamily property in Manchester, VT, with income potential.

    Lot size:
    0.76 Acres

    Property Features for 162 Highland Ave

    General Information

    Lot size
    0.76 Acres

    Building Details

    Year built
    1940

    Source: Wohler Realty Group Agent Margretta Fischer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Three-Unit Multifamily Investment Opportunity

    This three-unit multifamily property presents an investment opportunity. The property features a spacious layout designed to provide privacy for each unit. The main level unit includes an open living and dining area, three bedrooms, one bathroom, and a spacious deck with mountain views. The second floor contains two separate one-bedroom, one-bathroom units, each with its own entrance. The lower level provides storage for each unit, utilities, and a coin-operated laundry. There is an option to construct a second five-unit building, and the current owner possesses additional information regarding this possibility. The property was previously configured as a four-unit building and could potentially be converted back. Ample parking is available. The property is located in close proximity to restaurants, a deli, a gym, and shopping options in Manchester. It also offers school choice for grades 9-12 and is located 10 minutes from Bromley.
    Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Manchester Center
    County
    Bennington
    State
    Vermont
    Longitude
    -73.045895
    Latitude
    43.176057

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    FAQs

    What type of property is this?
    Triplex - Three-unit multifamily property in Manchester, VT, with income potential.
    Where is this triplex located?
    The property is located at 162 Highland Ave Manchester Center, VT.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Three-unit multi-family property offering immediate passive income.; - Option to build a second 5-unit building.; - Potential to convert back to a four-unit configuration.
    (802) 297-3333
    Request Owner's contact information
    162 Highland Ave Manchester Center, VT 05255
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    Manchester Center, VT 05255
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    162 Highland Ave Manchester Center, VT 05255
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