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117 Elm Street, Manchester, VT, 05255 | $660,000
This 4 unit multi family property located in Manchester's Depot district has been owned and managed by the same partnership group for almost 40 years. The property is fully occupied with good tenants and is in excellent condition. There are two apartments on the first floor and two apartments on the second floor. There is ample off street parking behind the building. Each apartment has its own energy efficient propane heater. Backup electric baseboard heat is also available. Each apartment has it's own electric hot water tank which is on the tenant's electric service. Each apartment is separately metered and has a separate service panel. Almost all the windows are energy efficient replacements. The in town location provides tenants with easy access to all the amenities that Manchester has to offer. The listing agent is related to one of the owners of the property.
Features
- Bedrooms: 12
- Baths: 4 full
- Units: 4
- Style: Multi-Family
- Year Built: 1850
- Heating: Propane,Baseboard,Direct Vent,Electric,Hot Air,Monitor Type
- Cooling: None
- Basement: Concrete Floor,Unfinished,Exterior Access
- Approx Sq. Feet: 3,682
- Acreage: 0.22
- Est. Taxes: $7,278
- Lot Desc: Level,Sidewalks,In Town,Near Shopping,Neighborhood,Near School(s)
- Elem. School: Manchester Elem/Middle School
- Middle School: Manchester Elementary& Middle
- High School: Burr and Burton Academy
- School District: Taconic and Green Regional
- MLS#: 5023847
- Website: https://www.raveis.com
/prop/5023847/117elmstreet_manchester_vt?source=qrflyer
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 PrimMLS. 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. Data last updated 12/12/2024Listing courtesy of RE/MAX Four Seasons Phone: 802-362-4067
Listing Agent: David Citron
William Raveis Family of Services
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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
117 Elm Street, Manchester, VT, 05255
$660,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Brian Skelly
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $528,000 | $528,000 | $528,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
| Monthly Tax Payment | $607 | $607 | $607 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,425 | $3,381 | $4,385 |
| Total Monthly Payment | $4,123 | $4,079 | $5,083 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484