Turn-Key Duplex
For Sale
$499,000
137 Jericho Rd, Richmond, VT 05477
Well-maintained duplex with recent roof, heating, and hot water updates for a turn-key owner or investor setup.
Property SizeContact for details
Days on Market50
Property Features for 137 Jericho Rd
General Information
Standard status
Active
Property subtype
Investment
Additional Details
Business Included
Yes
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1900
Year Renovated
2016
Units
2
Listing Agency:
Champagne Real Estate
(802) 372-4500
Listed By:
Andrea Champagne
(802) 372-4500
Source:
Elliman
Added: Jun 24
Changed: Aug 7
Last Checked: Aug 11 at 8:02AM
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 Champagne Real Estate
Investment Insights
Based on property information with market context.
This turn-key duplex is offered in move-in condition, with major components already updated for day-one use. The roof was replaced in 2023, and the property also received a new furnace and hot water heater in 2023. Hardwood floors were installed in 2018, and major renovations were completed in 2016 to meet FHA standards. The overall approach is straightforward: significant work has been handled, leaving a clean, practical foundation for either owner-occupancy or an investment combination.
The property is positioned in the heart of Richmond, with walkable proximity to multiple dining options, a bakery, and Richmond Market. Highway access is also convenient, with I-89 listed as roughly 1.5 miles away. Walkability and bikeability are reflected in the provided WalkScore of 46 and BikeScore of 22, indicating a more car-dependent setup while still supporting neighborhood convenience.
For tenants, buyers, or operators, the updates and FHA-compliant renovation work completed in 2016 help reduce near-term capital concerns. With the property described as turn-key and all major items tended to, it may suit an owner looking to live in one side while renting the other, or an investor seeking a duplex already supported by recent, documented improvements.
The property is positioned in the heart of Richmond, with walkable proximity to multiple dining options, a bakery, and Richmond Market. Highway access is also convenient, with I-89 listed as roughly 1.5 miles away. Walkability and bikeability are reflected in the provided WalkScore of 46 and BikeScore of 22, indicating a more car-dependent setup while still supporting neighborhood convenience.
For tenants, buyers, or operators, the updates and FHA-compliant renovation work completed in 2016 help reduce near-term capital concerns. With the property described as turn-key and all major items tended to, it may suit an owner looking to live in one side while renting the other, or an investor seeking a duplex already supported by recent, documented improvements.
Key Highlights
- Duplex built in 1900 with move‑in condition and major systems updated
- New roof (2023) plus new furnace and hot water heater (2023)
- Hardwood floors installed in 2018
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 05477, VT
4,551
Population
2,111
Households
2.2
Avg Household Size
42
Median Age
64%
College-Educated
98%
High-School Grad
33.4 sq mi
ZIP Area
136
Density / Sq Mi
$118,214
Median Household Income
$58,329
Median Earnings
$1,188
Median Rent
$403,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with recent roof, heating, and hot water updates for a turn-key owner or investor setup.
Where is this duplex located?
The property is located at 137 Jericho Rd Richmond, VT.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Duplex built in 1900 with move‑in condition and major systems updated; New roof (2023) plus new furnace and hot water heater (2023); Hardwood floors installed in 2018
