16-18 Lincoln Street

Essex Junction, VT 05452

$2,800,000
Price
6
Beds
2
Baths
7,824 Sq. Ft.
$358 / Sq. Ft.
7,824
Sq. Ft.
$358
per Sq. Ft.

Description

Location, location, location! Located in the Village Center Zoning offering endless opportunities. Currently featuring a 4 bedroom home, 3600 sq ft commercial space with 2 bedroom apartment above and a commercial garage/office space behind. Road frontage on both Lincoln Street and School Street and some open land for potential future development. Don't miss this opportunity in Essex Junction right at Five Corners.Location, location, location! Located in the Village Center Zoning offering endless opportunities. Currently featuring a 4 bedroom home, 3600 sq ft commercial space with 2 bedroom apartment above and a commercial garage/office space behind. Road frontage on both Lincoln Street and School Street and some open land for potential future development. Don't miss this opportunity in Essex Junction right at Five Corners.
  1. Listed by The Nancy Jenkins Team • Nancy Jenkins Real Estate

Property Details for 16-18 Lincoln Street

Zoning
Village Center

Location

Listing Courtesy of Nancy Jenkins Real Estate
Add your commute
LISTING UPDATED: 02/20/2024 08:33 PM

Property Details for 16-18 Lincoln Street

StatusActive
MLS #4905800
Days on Market741
Taxes$13,342 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.48 AC / 20,908 SF
CountyChittenden County

Location

Listing Courtesy of Nancy Jenkins Real Estate
Add your commute

Building Information for 16-18 Lincoln Street

Stories2Residences4Year Built1900Building Size-Lot Size0.48 AC / 20,908 SF

Payment Calculator

$16,393 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,281

Property Taxes

$1,112

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 16-18 Lincoln Street

Summary
Location and General Information
  • City: Essex Junction
  • County: VT-Chittenden
  • Directions: Take VT-2A N. stay straight at the 5 corners intersection in Essex to Lincoln Street, property on the left.
  • Latitude: 44.492002573801514
  • Longitude: -73.111623746032734
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05452
Taxes and HOA Information
  • SPAN Number: 207-066-14621
  • Tax - Gross Amount: $13,341.82
  • Tax Year: 2023
  • Taxes TBD: No
Parking
  • Garage: Yes
  • Garage Capacity: 3.00
  • Driveway: Paved
Property
Lot Information
  • Lot - Sqft: 20909.0
  • Lot Size Acres: 0.48
  • Road Frontage Length: 202.0
  • Square Feet Apx Finished Above Grade: 7824.0
  • Square Feet Apx Finished AG Source: Other
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Total: 8826.0
  • Square Feet Apx Total Finished: 7824.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished Below Grade: 1002.0
  • Square Feet Apx Unfinished BG Source: Assessor
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: Unknown
  • Foundation: Concrete
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1900
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Utilities: High Speed Intrnt -Avail
  • Separate Utilities: Yes
Interior and Exterior Features
Exterior Features
  • Roads: Public
  • Roof: Shingle - Asphalt
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Heat Fuel: Gas - Natural
  • Heating: Baseboard
  • Cooling: Central AC, None
  • Total Stories: 2
Multi Family
Income & Expenses Information
  • Gross Income: $94,800.00
  • Net Income: $77,466.00
  • Operating Expense Incl: Insurance
  • Operating Expense: $4,000
Multi-Family Information
  • Total Units: 4
  • Total 1 BR Units: 0
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 1
Unit Information
Unit 1
  • Unit 1 Baths: 2
  • Unit 1 Bedrooms: 4
  • Unit 1 Lease Term: Month to Month
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Month to Month
  • Unit 1 Apx Sqft: 204.0
  • Unit 1 Rooms: 9
  • Unit 1 Rental Amount: $2,650.00
  • Unit 1 Tenant Pays: All Utilities
Unit 2
  • Unit 2 Lease Term: Owner Occupied
  • Unit 2 Rooms: 4
  • Unit 2 Rental Amt Freq: Other
  • Unit 2 Apx Sqft: 1800.0
  • Unit 2 Rental Amount: $1,500.00
  • Unit 2 Tenant Pays: All Utilities
Unit 3
  • Unit 3 Lease Term: Month to Month
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Month to Month
  • Unit 3 Bedrooms: 2
  • Unit 3 Rental Amount: $2,250.00
Unit 4
  • Unit 4 Lease Term: Month to Month
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Apx Sqft: 2220.0
  • Unit 4 Status: Month to Month
  • Unit 4 Rental Amount: $1,500.00
  • Unit 4 Tenant Pays: All Utilities

Property History for 16-18 Lincoln Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 16-18 Lincoln Street

This home is within Essex-Westford Educational Community Unified School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - PK to 3
Public - 4 to 5
Public - 6 to 8
Rating
School
Distance
Hiawatha School
PublicPK to 3

Summit Street School
PublicPK to 3

Thomas Fleming School
Public4 to 5

Albert D. Lawton School
Public6 to 8

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.

Similar Homes

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16-18 Lincoln Street is a multi-family home for sale in Essex Junction, VT 05452. This property was listed for sale on April 19, 2022 by Nancy Jenkins Real Estate, it's currently listed at $2,800,000. This listing's school district is Essex-Westford Educational Community Unified School District. Nearby schools include Hiawatha School, Summit Street School and Thomas Fleming School. 16-18 Lincoln Street is a 6-bed, 2-bath, 7,824 sqft multi-family home built in 1900.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nancy Jenkins Real Estate

Copyright 2024 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 04/29/2024 04:28 PM