198 Elm Street, Manchester Center, VT 05255

Local realty services provided by:ERA Key Realty Services
198 Elm Street,Manchester, VT 05255
$750,000
  • 7 Beds
  • 5 Baths
  • 3,216 sq. ft.
  • Multi-family
  • Active
Listed by: the nancy jenkins team
Office: nancy jenkins real estate802-846-4888
MLS#:5097410
Source:PrimeMLS

Price summary

  • Price:$750,000
  • Price per sq. ft.:$148.28

About this home

Rare opportunity to own a well-maintained 4-unit property in the heart of Manchester, one of Southern Vermont’s most sought-after destinations. Offered at an attractive 8% cap rate, this unique investment features a charming 2-bedroom, 2-bath carriage house, two 2-bedroom, 1-bath units, and a 1-bedroom, 1-bath apartment, providing an appealing mix for a variety of tenants. Recent updates include new flooring installed in one unit in 2026, further enhancing the property's appeal. Manchester is renowned for its blend of small-town charm and year-round recreation. Residents enjoy easy access to world-class skiing, hiking, golf, fly fishing, and the scenic beauty of the Green Mountains, along with upscale dining, boutique shopping, and cultural attractions. The area's strong sense of community and vibrant four-season lifestyle continue to make it one of Vermont's premier destinations. Whether you're expanding your portfolio or seeking a quality asset in an exceptional location, this...

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Home facts

  • Year built:1900
  • Listing ID #:5097410
  • Added:5 day(s) ago
  • Updated:July 06, 2026 at 10:45 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:5
  • Full bathrooms:5
  • Basement Description:Crawl Space, Interior
  • Living area:3,216 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric

Structure and exterior

  • Roof:Shingle, Slate
  • Year built:1900
  • Building area:3,216 sq. ft.
  • Lot area:0.24 Acres
  • Levels:2 Story

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$750,000
  • Price per sq. ft.:$148.28
  • Tax amount:$7,079 (2025)

Features and amenities

  • Amenities:Circuit Breaker(s)

Parking

  • Parking description:Gravel Driveway
MLS LogoCopyright 2026 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated July 6, 2026