6 Carmichael St, Essex Junction, VT
Versatile property suitable for residential or commercial use.
- Added:
- Jan 20, 2025
- Days on Market:
- 510
- Last Refresh:
- May 19 at 10:46 pm
Property Features for 6 Carmichael St
General Information
- Standard status
- Active
- Size
- 2,672 SF
- Lot size
- 0.10 Acres
- Property subtype
- MULTIFAMILY
Listing agent Rick Harrison
Listing office NAI J.L Davis Realty (802) 876-6923
Listing date Jan 20, 2025
Source Moodyscre
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 NAI J.L Davis Realty
HighLights
- Permitted uses include Duplex or Multi‑Family Dwelling
- Historic main building suitable for office or retail use
- Second building can be renovated into a two‑bedroom apartment
- Five bedrooms and two bathrooms in the main house
- Beautiful setting on Route 15 near restaurants, banks, and shops
- Zoning: Mixed Use Development – Commercial (MXD‑C)
Overview
Local Financial Insights For Retail
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 | $57.7k | $21.60 |
| − Vacancy | −$1.7k | −$0.65 |
| EGI | $56.0k | $20.95 |
| − OpEx | −$16.8k | −$6.29 |
| NOI | $39.2k | $14.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Essex Junction
- County
- Chittenden
- State
- Vermont
- Longitude
- -73.0844
- Latitude
- 44.5096
