by RH Advisors

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Chittenden
22 Park
Listed by: Sandy Palmer, Vermont Real Estate Company, 802-540-8300, Listing Courtesy of Prime MLS
$1,000,000
● House - For Sale

22 Park

Jericho, VT 05489
bedrooms
3 Beds
bathrooms
0 Bath
square feet
6,053 Ft²
$5,911
Est. Monthly

About This Property

A renovated home, a three-unit development opportunity, and an additional single family building lot - all in one remarkable Jericho property! Set on approximately 1.4 acres in Jericho's Village Center, 22 Park Street offers an unusual combination of a beautifully renovated move-in ready 3-bedroom home, a substantial second building with mixed-use potential and zoning to match, and an additional homesite for a future 3-bedroom residence with the infrastructure already in place. The existing home is ready to enjoy, with an updated kitchen and bath, inviting living spaces, and newly installed mini-splits. Next door, a former print shop/apartment presents an opportunity to create something entirely your own. Current plans envision three apartments totaling approximately 3,394 square feet, with a combination of one-, two-, and three-bedroom layouts. The building has been extensively improved, including reframing, new insulation and updated siding. Finish the apartments as planned, explore a residential and business combination, or adapt the space to you! The current owner has also completed significant improvements to the property's infrastructure, including a new septic system designed to serve the existing home, three apartments, and future 3-bedroom residence. Other improvements include: new main water line, new utility pole and main electrical cable. Natural gas is on site, electric is separately metered, and the permitted driveway/road has been curb-cut and completed, providing plenty of parking and access to the additional building opportunity. Imagine living in the existing home while completing the apartments and building your dream home out back. Create an income-producing property, establish a live/work arrangement, or bring together multiple living spaces for a private, multigenerational compound. With a move-in-ready home, substantial improvements already completed, and multiple paths forward, this is a property that invites you to think beyond the ordinary.
Unit Size
6,053 Ft²
Days on Market
-
Land Size
1.41 acres
Price per sqft
$165
Property Type
House
Property Taxes
$1,000
HOA Dues
-
Year Built
-

Listed By

Sandy Palmer
Vermont Real Estate Company

Payment Calculator (Computations Provided by RealtyHop)

Cap Rate Calculator

Last updated: 25 days ago (Prime MLS #5112575)

Price History

Date / Event Date Event Price
Oct 2, 2026 Listed by Vermont Real Estate Company $1,000,000
Listed by Vermont Real Estate Company
Oct 10, 2024 Sold
Sold
Aug 13, 2024 In contract -
In contract
Jul 30, 2024 Price Decreased $795,000
↓ $25K (3.1%)
Price Decreased
Jul 2, 2024 Listed by RE/MAX North Professionals, Jeffersonville $820,000
Listed by RE/MAX North Professionals, Jeffersonville
Attention all entrepreneurs! This property is in the heartbeat of Chittenden county Vermont! This 1.4 Acre property is 96% in Jericho with road frontage in Underhill has been Approved for a 4 lot subdivision! Historically known as First Step Print Shop with residence in the Riverside Village Center District 3 of Jericho. The charming house has been lovingly maintained and updated over the years. Walk into a cozy family room with gas heat stove, barn board walls and large windows. Updated in 2023; kitchen with new cabinets, quartz counter tops and updated full bathroom with walk in shower and laundry on main floor. First floor bedroom currently used as an office with tray ceiling and crown molding. Small dining area and living room with built in TV cabinet. Front porch room easily could be used as another office. Two bedrooms upstairs with open landing area. The old print shop is permitted for a 1 bedroom detached accessory apartment in the front and two-2 bedroom apartments & a 1 bedroom apartment in the back. The additional lot in the back is permitted for a new 3 bedroom residence. Town water, Natural gas, Xfinity internet and an Underhill mailing address. Not interested in Rentals and have a business idea? Review Jericho Town Zoning and see options for what is permitted or can be conditionally permitted. 30 minuets to Burlington and UVM Medical Center, 45 minuets to ski resorts and hiking Mt Mansfield is only minuets away! Also MLS#5003306.

Property Highlights

Parking Available
Parking Details
Parking Features: Off Street, Parking Spaces 11 - 20
Interior Details
Interior Features: Ceiling Fan(s), Natural Woodwork, Kitchen/Dining, 1st Floor Laundry
Appliances: Dryer, Range Hood, Microwave, Gas Range, Refrigerator, Washer
Flooring Type: Carpet, Ceramic Tile, Hardwood, Laminate
Rooms: 6
Basement: Yes
Exterior Details
Square Footage: 6053
Architectural Style: Cape
Year Built: 1900
Construction Materials: Wood Siding, Vinyl Siding, Wood Siding
Lot Features: Level, Curbing, Sidewalks, In Town, Near Paths, Near Shopping, Near School(s)
Lot Size Area: 61420
Lot Size Units: Square Feet
Lot Size Acres: 1.41
Lot Size Square Feet: 61420
Water Source: Public
Financial Details
Tax Annual Amount: $11,999
Utilities Details
Cooling Type: Mini Split
Heating Type: Natural Gas, Direct Vent, Monitor Type, Mini Split
Sewer : On-Site Septic Exists

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: 1.41 AC & DWL/SHOP (96% IN JERICHO)

Neighborhood

  • School District Name: Chittenden South Supervisory Union
  • Census Tract: 002800

Geography

  • Parcel: (209) PA022J
  • Municipality: UNDERHILL
  • Latitude: 44.523
  • Longitude: -72.9429

    Address

  • Full Address: 22 Park St
  • Address - House Number: 22
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: VT
  • City Name: Underhill
  • Carrier Code: R002
  • 4-Digit Zip Code: 9602
  • Zip Code: 05489

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 209

    Appraisal Valuation

  • Standard Deviation: 0.1699
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 78
  • Final Value: 29,542
  • High Value: 34,563
  • Low Value: 24,521

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,800
  • Assessed Improvements Value: $17,800
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Chittenden


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Frequently Asked Questions

When was property at 22 Park Street built and last sold?
The property at 22 Park Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 22 Park Street is $1,028,643.
What are some comparable homes to 22 Park Street?
There are currently no comparable homes to 22 Park Street.