137 Jericho Road Richmond, VT 05477
Turnkey duplex with recent major upgrades, including a 2023 roof and 2018 hardwood floors.
Property Features for 137 Jericho Road
General Information
- Standard status
- Active
- Size
- 2,150 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing office Champagne Real Estate
Listing date Jun 16, 2026
Source Primerealestatevt
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.
The property is located on Jericho Road in Richmond, with walkable proximity to dining and local shopping, and convenience to I-89 about 1.5 miles away.
As a residential income property, it offers a straightforward two-unit configuration suitable for an owner-occupant or an investor looking to rent one or both units.
Key Highlights
- Duplex built in 1900 with an owner‑occupied setup and a second unit currently rented.
- New roof installed in 2023.
- Hardwood floors installed in 2018.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.3k | $15.96 |
| − Vacancy | −$391 | −$0.18 |
| EGI | $33.9k | $15.78 |
| − OpEx | −$10.2k | −$4.73 |
| NOI | $23.7k | $11.04 |
