Amazing investment opportunity in the center of Richmond! This well maintained 6 unit apartment building is centrally located in downtown Richmond providing easy access to all that Richmond has to offer, making this property a sought after rental amongst renters. There is A TON of opportunity here with rents being below market (according to the owners) and the large village lot zoned village commercial. Bring rents to market and enjoy the increased revenue or use the building/lot for your own commercial vision!
Closed
Listed by:
Flex Realty Group,
Flex Realty 802-399-2860
Bought with: Coldwell Banker Hickok and Boardman
$560,000
47 Jericho Road, Richmond, VT 05477
6beds
6baths
2,625sqft
Multi Family
Built in 1980
-- sqft lot
$-- Zestimate®
$213/sqft
$3,311 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,311/mo
Zestimate® history
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Owner options
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$3,311/mo
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Rent Zestimate®
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$3,497/mo
Est. payment
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Est. payment
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Zillow last checked: 8 hours ago
Listing updated: April 03, 2025 at 09:03am
Listed by:
Flex Realty Group,
Flex Realty 802-399-2860
Bought with:
Nina Lynn
Coldwell Banker Hickok and Boardman
Source: PrimeMLS,MLS#: 4955018
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Electric Water Heater, Owned Water Heater, Tank Water Heater
Features
- Flooring: Carpet, Hardwood, Laminate, Tile
- Basement: Concrete Floor,Crawl Space,Dirt Floor,Exterior Stairs,Unfinished,Walk-Up Access
Interior area
- Total structure area: 2,849
- Total interior livable area: 2,625 sqft
- Finished area above ground: 2,625
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Paved, Parking Spaces 6+
Features
- Levels: One
Lot
- Size: 0.32 Acres
- Features: City Lot
Details
- Parcel number: 51916310291
- Zoning description: village commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Exterior
- Foundation: Block
- Roof: Metal
Condition
- New construction: No
- Year built: 1980
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & neighborhood
Location
- Region: Richmond
Price history
| Date | Event | Price |
|---|---|---|
| 1/24/2025 | Listing removed | $1,200 |
Source: Zillow Rentals Report a problem | ||
| 1/12/2025 | Listed for rent | $1,200 |
Source: Zillow Rentals Report a problem | ||
| 7/21/2023 | Sold | $560,000-2.6%$213/sqft |
Source:  PrimeMLS #4955018 Report a problem | ||
| 5/31/2023 | Listed for sale | $575,000$219/sqft |
Source: PrimeMLS #4955018 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $447,100 |
| 2023 | -- | $447,100 +67.5% |
| 2022 | -- | $267,000 |
Find assessor info on the county website
Neighborhood: 05477
Nearby schools
GreatSchools rating
- NARichmond Elementary SchoolGrades: PK-4Distance: 0.5 mi
- 8/10Camels Hump Middle Usd #17Grades: 5-8Distance: 0.5 mi
- 10/10Mt. Mansfield Usd #17Grades: 9-12Distance: 5.7 mi
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- Vermont
- Chittenden County
- Richmond
- 05477
- 47 Jericho Road