Two-Unit Side-by-Side
59-61 Church Street, Richmond, VT 05477
For Sale
$650,000
Multi-Family, Richmond, VT
Property Size2,560 SF
Lot Size0.25 Acres
Price / SF$253.91
Days on Market146
Property Features for 59-61 Church Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Exterior features
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Heating system
Water source
Amenities
private deck
backyard
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
RE/MAX North Professionals · RE/MAX International
Listed By:
Linda St. Amour · License VT #810003002
(802) 655-3333
Added: Jun 22
Changed: Nov 5
Last Checked: Nov 14 at 2:06AM
MLS# 5096512
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.
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Investment Insights
Based on property information with market context.
This Colonial-style duplex in Richmond is a wood-frame property built in 1900, with 2,560 square feet across two side-by-side residences. Each unit has three bedrooms, separate living and dining rooms, and a bathroom on each floor. High ceilings, large windows, original trim, and hardwood and softwood flooring retain period details. Both units have private decks, and the property also includes a backyard, covered porch, and a two-car garage used by one side. A new roof and completed fire-safety work are among the recent property updates.
The 0.25-acre site is on a dead-end street in Richmond Village. Sidewalk access connects the property with village conveniences, including the library, post office, village green, market, restaurants, and bakery. Public water and cable availability are listed, along with driveway parking and hot-water heating.
The 0.25-acre site is on a dead-end street in Richmond Village. Sidewalk access connects the property with village conveniences, including the library, post office, village green, market, restaurants, and bakery. Public water and cable availability are listed, along with driveway parking and hot-water heating.
Key Highlights
- Two side‑by‑side residences; 2,560 square feet total
- 0.25‑acre property in Richmond Village
- Built in 1900; Colonial style with original trim and hardwood and softwood floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,274
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,480
$565.5K
Cap Rate 7%
$403,914
$403.9K
Cap Rate 9%
$314,156
$314.2K
Market Conditions
NOI Build-Up for 2,560 SF
Gross rent
$40.9K $15.96/SF
− Vacancy
−$466 −$0.18/SF
EGI
$40.4K $15.78/SF
− OpEx
−$12.1K −$4.73/SF
NOI
$28.3K $11.04/SF
Area
Chittenden County, VT
Vacancy
1.14%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,480
Cap Rate 7%
$403,914
Cap Rate 9%
$314,156
Alternative Uses
Best Use
Multifamily LT 5
$403.9K
$353.4K – $471.2K
NOI $28,274 @ 7.0% cap · market cap 4.35%
Second Best
Apartment 5plus
$357.7K
$313.0K – $417.3K
NOI $25,040 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$702.2K
$614.4K – $819.2K
NOI $49,152 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
204
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
$403,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Chittenden County, VT
Properties on Market for Duplexes in Chittenden County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two levels, three bedrooms, separate living and dining rooms, and a private deck.
Where is this duplex located?
The property is located at 59-61 Church Street Richmond, VT.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two side‑by‑side residences; 2,560 square feet total; 0.25‑acre property in Richmond Village; Built in 1900; Colonial style with original trim and hardwood and softwood floors
