59-61 Church Street Richmond, VT 05477
Two-story duplex built in 1900 with bright, townhouse-style layouts, private decks, and a shared neighborhood setting.
Property Features for 59-61 Church Street
General Information
- Standard status
- Active
- Size
- 2,560 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing office RE/MAX North Professionals
Listing date Jun 4, 2026
Source Sugarbushrealestate
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Investment Insights
Based on property information with market context.
The property is located in the heart of Richmond Village on a dead-end street. It’s within a short stroll to village conveniences including the Library, Post Office, Village Green, Richmond Market, and nearby restaurants and a bakery.
A two-car garage is available with use on one side, supporting practical day-to-day access while keeping the duplex’s residential income layout straightforward.
Key Highlights
- Duplex built in 1900 with original details including high ceilings and original trim
- Townhouse‑style side‑by‑side layout with nearly 1,300 sq. ft. per unit
- Each unit offers 3 bedrooms and separate, spacious living and dining rooms
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 | $40.9k | $15.96 |
| − Vacancy | −$466 | −$0.18 |
| EGI | $40.4k | $15.78 |
| − OpEx | −$12.1k | −$4.73 |
| NOI | $28.3k | $11.04 |
