47 Jericho Road

Closed 7/21/23

Sold

Last Sold Price

$560,000

6 beds6 baths2,625 sqft

47 Jericho Rd, Richmond, VT 05477

Multi FamilyProperty Type

0.32 acresLot Size

1980Year Built

$213/sq ftPrice per sq ft

6 carsParking Spaces

Description

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...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!

Sold By Coldwell Banker Hickok and Boardman

Listed by: Flex Realty Group • Flex Realty

Listing closed: 07/21/2023 12:00 AM • Source: New England Real Estate Network, MLS#: 4955018

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Avg days on market

Sale-to-list ratio

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Square Feet: Unavailable
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$3,545 per month

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Principal and Interest

$2,990

Property Taxes

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Property Information for 47 Jericho Road

Property Details

Taxes: $6,661 / year
MLS Type: Multi Family
County: Chittenden County
Parking: Parking Spaces 6+
Zoning: village commercial

Building Information

Stories: 1
Residences: 6
Year Built: 1980
Lot Size: 0.32 AC / 13,939 SF

Summary

Location and General Information

City: Richmond
County: VT-Chittenden

Latitude: 44.405893658760256
Longitude: -72.992509626983662
Road Frontage: TBD
Seasonal: No
State: VT
Street Designation: Road
Zip Code: 05477

Taxes and HOA Information

SPAN Number: 519-163-10291
Tax Year: 2022

Taxes TBD: No

Parking

Garage: No
Driveway: Paved

Property

Lot Information

Lot - Sqft: 13939.0
Lot Features: City Lot

Lot Size Acres: 0.32
Square Feet Apx Finished Above Grade: 2625.0
Square Feet Apx Finished AG Source: Public Records
Square Feet Apx Finished Below Grade: 0.0
Square Feet Apx Total: 2849.0
Square Feet Apx Total Finished: 2625.0
Square Feet Apx Unfinished Above Grade: 0.0
Square Feet Apx Unfinished Below Grade: 224.0
Square Feet Apx Unfinished BG Source: Public Records

Property and Assessments

Property Class: Multi-Family
Flood Zone: No

Foundation: Block
PreConstruction: No
Surveyed: Unknown
Year Built: 1980

Utilities

Electric: Circuit Breaker(s)
Sewer: Public

Water Source: Public
Utilities: Other
Separate Utilities: Yes

Interior and Exterior Features

Exterior Features

Construction Materials: Wood Frame, Vinyl Exterior
Roof: Metal

Total Ranges: 6

Interior Features

Appliances: Water Heater – Electric, Water Heater – Owned, Water Heater – Tank
Basement: Yes

Basement Access Type: Walk-up
Basement Description: Concrete Floor, Crawl Space, Dirt Floor, Stairs - Exterior, Unfinished
Flooring: Carpet, Hardwood, Laminate, Tile
Heating: Baseboard, Electric
Cooling: None
Total Refrigerators: 6
Total Stories: 1
Total Water Heaters: 6

Multi Family

Income & Expenses Information

Gross Income: $38,200.00
Net Income: $22,501.00

Operating Expense Incl: Insurance, Other, Utilities, Water/Sewer
Operating Expense: $15,698

Multi-Family Information

Total Units: 6
Total 1 BR Units: 6

Total 2 BR Units: 0
Total 3+ BR Units: 0
Total Heat Units: 6

Unit Information

Unit 1

Unit 1 Baths: 1
Unit 1 Bedrooms: 1

Unit 1 Lease Term: Month to Month
Unit 1 Rental Amt Freq: Monthly
Unit 1 Status: Leased
Unit 1 Rooms: 3
Unit 1 Rental Amount: $510.00
Unit 1 Tenant Pays: Electric, Heat, Hot Water
Unit 1 Info: CO Detector, Range - Electric, Refrigerator, Smoke Detector, Water Heater

Unit 2

Unit 2 Lease Term: Month to Month
Unit 2 Baths: 1

Unit 2 Rooms: 3
Unit 2 Status: Leased
Unit 2 Rental Amt Freq: Monthly
Unit 2 Bedrooms: 1
Unit 2 Rental Amount: $650.00
Unit 2 Info: CO Detector, Hot Water, Range - Electric, Refrigerator
Unit 2 Tenant Pays: Electric, Heat, Hot Water

Unit 3

Unit 3 Lease Term: Month to Month
Unit 3 Baths: 1

Unit 3 Rooms: 3
Unit 3 Rental Amt Freq: Monthly
Unit 3 Status: Leased
Unit 3 Bedrooms: 1
Unit 3 Rental Amount: $650.00
Unit 3 Info: CO Detector, Heat, Hot Water, Range - Electric, Refrigerator, Smoke Detector
Unit 3 Tenant Pays: Electric, Heat, Hot Water

Unit 4

Unit 4 Lease Term: Month to Month
Unit 4 Rental Amt Freq: Monthly

Unit 4 Rooms: 3
Unit 4 Baths: 1
Unit 4 Bedrooms: 1
Unit 4 Status: Leased
Unit 4 Rental Amount: $650.00
Unit 4 Info: CO Detector, Hot Water, Range - Electric, Refrigerator, Smoke Detector
Unit 4 Tenant Pays: Electric, Heat, Hot Water

Unit 5

Unit 5 Rental Agreement: Yes
Unit 5 Rental Amt Freq: Monthly

Unit 5 Status: Leased
Unit 5 Baths: 1
Unit 5 Bedrooms: 1
Unit 5 Rooms: 3
Unit 5 Lease Term: Month to Month
Unit 5 Rental Amount: $700.00
Unit 5 Info: CO Detector, Hot Water, Range - Electric, Refrigerator, Smoke Detector
Unit 5 Tenant Pays: Electric, Heat, Hot Water

Unit 6

Unit 6 Rental Agreement: No
Unit 6 Baths: 1

Unit 6 Bedrooms: 1
Unit 6 Rooms: 3
Unit 6 Status: Vacant
Unit 6 Info: CO Detector, Hot Water, Range - Electric, Refrigerator, Smoke Detector
Unit 6 Tenant Pays: Electric, Heat, Hot Water

Property History for 47 Jericho Road

Date	Event & Source	Price	Appreciation
Jul 21, 2023	Sold (Public Record) Public Record #1515889414	$560,000	—
Jul 21, 2023	Sold New England Real Estate Network #4955018	$560,000	—
Jun 10, 2023	Active Under Contract New England Real Estate Network #4955018		—
May 31, 2023	Listed (Active) New England Real Estate Network #4955018	$575,000	—

Date	Event & Source	Price
07/21/2023	Sold (Public Record) Public Record #1515889414	$560,000
07/21/2023	Sold New England Real Estate Network #4955018	$560,000
06/10/2023	Active Under Contract New England Real Estate Network #4955018	—
05/31/2023	Listed (Active) New England Real Estate Network #4955018	$575,000

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

Public Records for 47 Jericho Road

Taxable ValueLand$111,300Additions$335,800Total$447,100

Tax Record2025$5,935 ($495 / month)

Home Facts

Total Finished SqFt2,625 SqFtAbove Grade Finished SqFt2,625 SqFtStories1Lot Size13,939 SqFtStyleOffice BuildingYear Built1980Year Renovated1980CountyCHITTENDENAPN(163) JR0047

Schools near 47 Jericho Road

This home is within Mount Mansfield Unified Union School District #401.


Rating	School	Type	Grades	Distance
NR	Brewster Pierce School	Public - Serves this home	PK to 4	7.7 mi
NR	Richmond Elementary School	Public - Serves this home	PK to 4	0.5 mi
8/10	Camels Hump Middle Usd #17	Public - Serves this home	5 to 8	0.5 mi
10/10	Mt. Mansfield Usd #17	Public - Serves this home	9 to 12	5.8 mi
NR	Mansfield Cooperative School	Private - Nearby school	6 to 8	0.2 mi


Rating	School	Distance
NR	Brewster Pierce School PublicPK to 4 Serves this home	7.7 mi
NR	Richmond Elementary School PublicPK to 4 Serves this home	0.5 mi
8/10	Camels Hump Middle Usd #17 Public5 to 8 Serves this home	0.5 mi
10/10	Mt. Mansfield Usd #17 Public9 to 12 Serves this home	5.8 mi
NR	Mansfield Cooperative School Private6 to 8 Nearby school	0.2 mi

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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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 47 Jericho Road, Richmond, VT 05477	$560,000	6	6	2,625	13,939
4 West Main Street, Richmond, VT 05477	$2,000	–	–	4,272	22,651
52 Jericho Road, Richmond, VT 05477	$415,000	–	–	–	17,424
30 West Main Street, Richmond, VT 05477	$1,111	–	–	4,190	21,780
62 Jericho Road, Richmond, VT 05477	–	2	–	1,938	13,504
20 West Main Street, Richmond, VT 05477	$315,000	6	6	2,982	10,018
32 Jericho Road, Richmond, VT 05477	–	–	–	–	10,454
53 Lord`s View, Richmond, VT 05477	$139,000	3	4	1,662	43,560
4 Richmond/hinesburg, Richmond, VT 05477	$62,000	–	–	–	123,710
0 Rich/hin Road, Richmond, VT 05477	$63,000	–	–	–	2,047,320
13 East Main Street, Richmond, VT 05477	$500,000	–	–	3,422	9,583
99 Jericho Road, Richmond, VT 05477	$177,600	3	–	1,692	8,276
64 West Main Street, Richmond, VT 05477	–	–	–	–	87,120
78 Jericho Road, Richmond, VT 05477	–	3	–	2,036	15,682
600 West Main Street, Richmond, VT 05477	–	–	–	–	174,240
35 East Main Street, Richmond, VT 05477	$20,000	–	–	3,010	6,098

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Listing Courtesy of Flex Realty

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 09/27/2026 11:55 AM

Richmond, VT

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