**IDEAL FOR A LIVE-IN INVESTOR OR DEVELOPERS LOOKING TO GROW THEIR INVESTMENT** Take advantage of this huge multifamily development opportunity in the heart of Manchester! There is an existing triplex on the property with beautiful mountain views. This building consists of basement with coin op laundry and individual storage locations for tenants and owner. 1st floor consists of a 3 bedroom/1 bath unit with a front & side deck. 2nd floor has 2: 1 bed/ 1 bath units. Separate entrances for each unit. Mountain view from each unit. The property is zoned for 8 units total, and we have plans for an additional 5-unit build. Everything is on Town water/sewer - reach out for SPIR and YTD P&L. Manchester is a beautiful town and an incredible place to invest.
Property Details
Property Features
Property Information:
Year Built: 1940
Stories: 2
Living Area: 3,736 SqFt
Listing Office:
Office Name: OwnerEntry.com
Office Phone: (617) 542-9300
Listing Agent: Dave White
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: Off Street
Lot Features
Lot Information:
Lot Size: 0.76 Acres
Utilities
Utilities Information:
Heating: Hot Water
Cooling: None
Price Information
Listing Price Info
Price Summary:
List Price: $699,000
Price Per SqFt: $187/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Manchester Center, VT.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,556
Per Month
Principal & Interest
$3,489
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,162
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Fisher Elementary School
504 E Arlington Rd
Distance between this listing and this school9.30 miles
Public District Grades PK-5
5
/10
Salem Elementary School
41 E Broadway
Distance between this listing and this school14.03 miles
Public District Grades PK-6
4
/10
Mettawee Community School
5788 VT Route 153
Distance between this listing and this school17.10 miles
Public District Grades PK-6
Nearby Schools
5
/10
Manchester Elementary/Middle School
80 Memorial Ave
Distance between this listing and this school0.49 miles
Public District Grades PK-8
6
/10
Dorset Elementary School
130 School Dr
Distance between this listing and this school3.40 miles
Public District Grades PK-8
5
/10
Flood Brook School
91 VT Route 11
Distance between this listing and this school10.84 miles
Public District Grades PK-8
Nearby Schools
2
/10
Arlington Memorial School
529 E Arlington Rd
Distance between this listing and this school9.25 miles
Public District Grades 6-12
6
/10
Salem High School
41 E Broadway
Distance between this listing and this school14.03 miles
Public District Grades 7-12
4
/10
Granville Junior-Senior High School
58 Quaker St
Distance between this listing and this school19.10 miles
The neighbors living near this home have an average income of $76,293. Most Manchester Center, VT residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 162 Highland Ave
What is the listing price of this property?
The listing price of 162 Highland Ave property is $699,000.
What type of property is this?
The property 162 Highland Ave is land located in Manchester, Vermont, 05255.
Is this property for sale now?
Active Listing: 162 Highland Ave is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 162 Highland Ave in Manchester, VT and zip code 05255. This 3,736 square foot home, which was built in 1940, sits on a 0.76 acre lot. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $699,000.
The inventory of homes for sale in Manchester Center, VT between September 2024 and October 2024 increased by 5.9%. While the average time on the market in October 2024 was 127 days, the median list price was $557,500.
From Rocket Homes Real Estate and based on county public records data.
© Copyright 2024 PrimeMLS, 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 PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
Figure Skating
Figure Skating
Hunting
NASCAR
Dollar General
Dillards
Dick's Sporting Goods
Applebees
Cracker Barrel
Texas Roadhouse
Cadillac
Subaru
Ram
Classic Country
News/Talk/Information
New Country