1 Park St

Underhill, VT 05489

$1,250,000
Price
9
Beds
5,328 Sq. Ft.
$235 / Sq. Ft.
5,328
Sq. Ft.
$235
per Sq. Ft.
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Description

Fantastic, turn-key 6-unit commercial building in the center of Underhill's charming downtown. Fully rented with annual leases featuring off-street parking, accessory barn, and many updates throughout this historic and charming town icon. Long-term commercial tenant and residential tenants make this a diverse addition to any portfolio. Each unit has in-unit laundry, 2 off-street parking spaces, updated appliances, and charming features. Tenant pays electricity, hot water, and internet. Landlord pays...Fantastic, turn-key 6-unit commercial building in the center of Underhill's charming downtown. Fully rented with annual leases featuring off-street parking, accessory barn, and many updates throughout this historic and charming town icon. Long-term commercial tenant and residential tenants make this a diverse addition to any portfolio. Each unit has in-unit laundry, 2 off-street parking spaces, updated appliances, and charming features. Tenant pays electricity, hot water, and internet. Landlord pays heat, trash, water, and yard/driveway maintenance.
  1. Listed by Julie Lamoreaux • Coldwell Banker Hickok and Boardman • Cell: 802-578-7113

Property Details for 1 Park Street

Zoning
Mixed Use
LISTING UPDATED: 05/13/2026 06:27 PM

Property Details for 1 Park Street

StatusActive
MLS #5083930
Days on Market32
Taxes$11,932 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1856
Lot Size0.60 AC / 26,136 SF
CountyChittenden County
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Location

Listing Courtesy of Coldwell Banker Hickok and Boardman
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Building Information for 1 Park Street

Stories2Residences6Year Built1856Building Size-Lot Size0.60 AC / 26,136 SF

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$7,223 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,229

Property Taxes

$994

HOA Dues

$0

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Property Information for 1 Park Street

Summary
Location and General Information
  • City: Underhill
  • County: VT-Chittenden
  • Directions: Route 15 to Underhill. Turn onto the northerly portion of Park Street and Brick House of Underhill is on the corner of Route 15 and Park Street. See sign. Parking in back.
  • Latitude: 44.525663736733819
  • Longitude: -72.944913860118874
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05454
Taxes and HOA Information
  • SPAN Number: 660-208-10092
  • Tax Year: 2025
  • Tax Year Notes: 2025-2026
  • Taxes TBD: Yes
Parking
  • Garage: No
  • Driveway: Dirt, Gravel
Property
Lot Information
  • Footprint: 84' x 27'
  • Lot Features: City Lot, Private
  • Lot Size Acres: 0.6
  • Road Frontage Length: 200.0
  • Total Finished Area: 5328.0
  • Above Grade Finished Area: 5328.0
  • Above Grade Finished Area Source: Public Records
  • Above Grade Unfinished Area: 0.0
  • AboveGradeUnfinishedAreaSource: Public Records
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Public Records
  • Below Grade Unfinished Area: 2194.0
  • BelowGradeUnfinishedAreaSource: Public Records
  • Lot Size Square Feet: 26136.0
  • Total Area: 7522.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Easements: No
  • Flood Zone: No
  • PreConstruction: No
  • Surveyed: No
  • Year Built: 1856
  • School District: Underhill ID School District
  • High School: Assigned
  • Middle/Jr School: Assigned
  • Elementary School: Underhill Central School
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Private, Septic
  • Water Source: Public
  • Utilities: Cable, Telephone at Site
  • Total Gas Meters: 6
  • Total Electric Meters: 7
  • Internet: Fiber Optic Internet
Interior and Exterior Features
Exterior Features
  • Color: Brick
  • Construction Materials: Wood Frame, Brick Exterior, Wood Siding
  • Roof: Slate
  • Total Ranges: 5
Interior Features
  • Appliances: Water Heater
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Unfinished, Basement Stairs
  • Total Full Baths: 5
  • Flooring: Carpet, Hardwood, Tile
  • Heating: Natural Gas, Baseboard
  • Cooling: None
  • Total Refrigerators: 5
  • Total Rooms Above Ground: 22
  • Total Stories: 2.5
  • Total Water Heaters: 6
Multi Family
Income & Expenses Information
  • Gross Income: $110,820.00
  • Net Income: $73,870.00
  • Operating Expense Incl: Heat, Insurance, Maintenance, Other, Trash, Water/Sewer
  • Operating Expense: $36,950
Multi-Family Information
  • Total Units: 6
  • Total 1 BR Units: 1
  • Total 2 BR Units: 4
  • Total 3+ BR Units: 0
  • Total Heat Units: 6
Unit Information
Unit 1
  • Unit 1 Style: hair salon
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 0
  • Unit 1 Lease Term: Annual
  • Unit 1 Level Number: 1
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rooms: 3
  • Unit 1 Rental Amount: $1,050.00
  • Unit 1 Tenant Pays: Electric, Internet Service, TV Service
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 3
  • Unit 2 Status: Leased
  • Unit 2 Level Number: 1
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $1,595.00
  • Unit 2 Info: Laundry Hookup
  • Unit 2 Tenant Pays: Electric, Internet Service, TV Service
Unit 3
  • Unit 3 Lease Term: Annual
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 4
  • Unit 3 Level Number: 2
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Leased
  • Unit 3 Bedrooms: 2
  • Unit 3 Rental Amount: $2,100.00
  • Unit 3 Info: Laundry Hookup
  • Unit 3 Tenant Pays: Electric, Internet Service
Unit 4
  • Unit 4 Lease Term: Annual
  • Unit 4 Level Number: 3
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Rooms: 4
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 2
  • Unit 4 Status: Leased
  • Unit 4 Rental Amount: $1,315.00
  • Unit 4 Tenant Pays: Electric, Internet Service
  • Unit 4 Total Area: 940.0
Unit 5
  • Unit 5 Rental Agreement: Yes
  • Unit 5 Level Number: 2
  • Unit 5 Rental Amt Freq: Monthly
  • Unit 5 Status: Leased
  • Unit 5 Baths: 1
  • Unit 5 Bedrooms: 2
  • Unit 5 Rooms: 4
  • Unit 5 Lease Term: Annual
  • Unit 5 Rental Amount: $1,795.00
  • Unit 5 Tenant Pays: Electric, Internet Service
Unit 6
  • Unit 6 Rental Agreement: Yes
  • Unit 6 Lease Term: Annual
  • Unit 6 Level Number: 1
  • Unit 6 Baths: 1
  • Unit 6 Bedrooms: 2
  • Unit 6 Rooms: 4
  • Unit 6 Apx Sqft: 650.0
  • Unit 6 Rental Amt Freq: Monthly
  • Unit 6 Status: Leased
  • Unit 6 Rental Amount: $1,250.00
  • Unit 6 Tenant Pays: Electric, Internet Service
Rental
Rent Information
  • Total Leases: 6

Property History for 1 Park Street

DateEvent & SourcePriceAppreciation
Apr 16, 2026

Listed (Active)

New England Real Estate Network #5083930

$1,250,000—
Jul 27, 2022

Expired

New England Real Estate Network #4897561

—
Mar 10, 2022

Price Change

New England Real Estate Network #4897561

$895,000—
DateEvent & SourcePrice
04/16/2026

Listed (Active)

New England Real Estate Network #5083930

$1,250,000
07/27/2022

Expired

New England Real Estate Network #4897561

—
03/10/2022

Price Change

New England Real Estate Network #4897561

$895,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1 Park Street

Taxable ValueLand$145,400Additions$432,800Total$578,200
Home Facts
Beds0Lot Size26,136 SqFtStyleSingle Family ResidenceCountyCHITTENDENAPN(209) PA001

Schools near 1 Park Street

This home is within Mount Mansfield Unified Union School District #401.
Rating
School
Type
Grades
Distance
Underhill Central School
Public - PK to 4
Brewster Pierce School
Public - PK to 4
Browns River Middle Usd #17
Public - 5 to 8
Mt. Mansfield Usd #17
Public - 9 to 12
Rating
School
Distance
Underhill Central School
PublicPK to 4

Brewster Pierce School
PublicPK to 4

Browns River Middle Usd #17
Public5 to 8

Mt. Mansfield Usd #17
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1 Park Street, Underhill, VT 05489

1 Park Street is a multi-family home for sale in Underhill, VT 05489. This property was listed for sale on April 16, 2026 by Coldwell Banker Hickok and Boardman, it's currently listed at $1,250,000. This listing's school district is Mount Mansfield Unified Union School District #401. Nearby schools include Underhill Central School, Brewster Pierce School and Browns River Middle Usd #17. 1 Park Street is a 9-bed, 6-bath, 5,328 sqft multi-family home built in 1856.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Hickok and Boardman

Copyright 2026 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. Data last updated 05/19/2026 02:30 AM