- beds
- 7
- baths
- 5
- sq ft
- 3,216
- Built
- 1900
198 Elm Street
Manchester, VT 05255
Residential Income · Active · MLS #5097410
Listing Courtesy of Nancy Jenkins Real Estate | The Nancy Jenkins Team
The home
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 information
Details at a glance
Interior3 property facts
- Rooms
- 1
- Heating
- Baseboard, Propane, Electric
- Cooling
- None
Building4 property facts
- Style
- Multi Family
- Year built
- 1900
- Foundation
- Other
- Roof
- Shingle, Slate
Land & utilities4 property facts
- Lot size
- 0.24 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- Residential
Financial2 property facts
- Annual taxes
- $7,079
- Assessment year
- 2025
Plan your purchase
Estimated monthly cost
Explore costs at the $635,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,801 / monthAdjust
- Principal & interest
- $3,211
- Property tax
- $590
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $7,079. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Listing history
Price and status timeline
No additional listing history is available for public display.
Compare with confidence
Price & market context
See how this home compares with active listings in Manchester.
| Metric | This home | Local listings |
|---|---|---|
| List price | $635,000 | $850,00025% below local |
| Price / sq ft | $197 | $24218% below local |
| Days on market | 56 | 4914% above local |
Active city listing statistics from PrimeMLS as of September 11, 2026. Asking prices are not completed-sale values.
Keep exploring
Similar homes nearby
Same city and within 25% of the asking price, matched by property type and bedroom count when available and ranked by size and price.
No close matches are available right now. Browse all homes in Manchester.
Need help making sense of this home?
Common questions
About 198 Elm Street
Can I request a private showing?
Request a tour of 198 Elm Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.
Research before you tour
We’ll help you get the available information about this home.