Residential Income at 198 Elm Street, Manchester
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22 photos

$669,000

198 Elm Street
Manchester, VT 05255
Listed by The Nancy Jenkins Team · Nancy Jenkins Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1900

About this home

Enjoy the privacy and charm of your own well-maintained carriage house in the heart of Manchester while the additional three-unit apartment building generates income to help cover the property’s expenses. The inviting carriage house offers 2 bedrooms and 2 baths, while the separate building features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath apartment. Recent updates include new flooring installed in one unit in 2026. This unique property offers the comfort of a private home with the financial benefits of an income-producing asset—or the opportunity to purchase all four units as a valuable addition to your investment portfolio. Enjoy convenient access to Manchester’s renowned dining, boutique shopping, cultural attractions, skiing, hiking, golf, fly fishing, and year-round recreation. Live in one of Vermont’s most desirable communities while your tenants help offset the cost of ownership, or invest in a well-maintained multifamily property with long-term potential. 3D virtual tours are available upon request.

Property details

MLS #
5097410
Property type
Residential Income
Subdivision
N/A
Status
Active
Days on market
43
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.24 acres
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Est. monthly payment
$4,179/mo
$133,800 down
$535,200 loan
Principal & interest$3,471
Property tax (est.)$558
Home insurance (est.)$150

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