149 Commercial Avenue

Listed by: Jennifer Allen, Lisa Hampton Real Estate, Selling Office: Tim Scott Real Estate, Listing Courtesy of Prime MLS

$155,000

● Multifamily - Off Market

149 Commercial Avenue

Lunenburg, VT 05904

Studio

0 Bath

1,966 Ft²

$1,002

Est. Monthly

7.70%

Cap Rate

About This Property

Prime investment opportunity awaits. This duplex has two town-home-style units with 2 floors of living space in both units sited on a .19 acre lot. Both are 3 bedrooms with 1 full bath along with a full basement with laundry hookups and space for storage. A great property if you are looking for a home with income potential or just wanting to get started in the rental business or add to your current portfolio. Seller has done many updates which include vinyl siding, replacement windows, propane hot air heating systems, roof and decks. Each unit is responsible for their own electric, heat, and hot water. Town water & sewer. Property has a 2 bay garage as well.

Unit Size

1,966 Ft²

Days on Market

Land Size

0.19 acres

Price per sqft

$84

Property Type

Multifamily

Property Taxes

$192

HOA Dues

Year Built

1922

Payment Calculator (Computations Provided by RealtyHop)

Cap Rate Calculator

Last updated: 3 years ago (Prime MLS #4979542)

Price History

Date / Event	Date	Event
Mar 25, 2024	Sold	Premium
Sold
Dec 6, 2023	Listed by Lisa Hampton Real Estate	$165,000
Listed by Lisa Hampton Real Estate

Property Highlights

Garage

Parking Available

Parking Details

Has Garage

Parking Features: Detached, Off Street

Garage: 2 Spaces

Interior Details

Unit 1 Bedrooms: 3

Unit 2 Bedrooms: 3

Appliances: Water Heater – Electric

Has Basement: Yes

Exterior Details

Road Frontage Length: 85

Construction Status: Existing

Roof: Shingle

Exterior Features: Porch - Covered

Lot Features: City Lot

Lot Size Acres: 0.19

Lot Sqft: 8276

Financial Details

Taxes Gross Amount: $2,300

Utilities Details

Heating Type: Hot Air

Cooling Type: None

Sewer Features: Public

Water Source: Public

Location Details

Location: In Gilman take Riverside Ave to Beech St, turn right onto Commercial Ave, property will be on left look for sign.

Zoning Information: None

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Comparables

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By
20231206 12/06/2023		Studio	-	1966 ft²	$165,000 Studio - 1966 ft²	$155,000 -6.06% 03/25/2024	Jennifer Allen Lisa Hampton Real Estate
20210709 07/09/2021		6 Bed	2 Bath	1966 ft²	$120,000 6 Bed 2 Bath 1966 ft²	- -	Jennifer Allen Lisa Hampton Real Estate

Building Info

149 Commercial Avenue 149 Commercial Avenue, Gilman, VT 05904

More about this Building

Want to find out who owns 149 Commercial Avenue, Gilman, VT 05904? Get detailed property transactions here.

About Essex

Stats & Trends

Median Asking:

$249,250

Sale Price/ft²

$150

Below Asking

0.03%

Average Days on Market

Average Home Size

2227 ft²

Average Home Age

65.4 years

Currently For Sale

59 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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Listed by: Jennifer Allen, Lisa Hampton Real Estate
Last Updated Date: 2024-03-26
Last Checked: 3 hours ago
Data Source: Prime MLS, MLS# 4979542

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.