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22 Park Street, Jericho, VT 05489

$1,000,000
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Active
SQUARE FEET1,859 MLS#5112633
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLJericho Union Free

Listing Courtesy of: Vermont Real Estate Company
Agency Phone: 802-540-8300
Associate Name: Sandy Palmer
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Property Description

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.

22 Park Street | MLS# 5112633

This multi-family property located at 22 Park Street, Jericho, VT 05489 is currently listed for sale with an asking price of $1,000,000. Park Street is located within the Jericho Union Free school district. Search Jericho real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Mini Split
Heating: Natural Gas
Home Style: Cape
Lot Size: 1.41 Acres
Roof Type: Metal
Stories: 1.5
Taxes: $11,998
Year Built: 2005

Feature Descriptions

Color: Sage
Construction: Wood Frame, Vinyl Siding
Days on Site: 41
Driveway: Gravel
Driveway: Gravel
Electric: On-Site
Exterior: Wood Frame, Vinyl Siding
Flood Zone: No
Foundation: Concrete, Fieldstone
Foundation: Concrete, Fieldstone
Lot: Curbing, Level, Sidewalks, In Town, Near Shopping, Near School(s)
Roads: Paved
Sewer: On-Site Septic Exists
Sq. Ft. Total Finished: 1859
Total Stories: 1.5
Units: 5
Water: Public
Zoning: VillageCenterDistrict CD3

Local Schools

High School: Mt. Mansfield USD #17
Middle School: Browns River Middle USD #17
Elementary School: Jericho Elementary School
School District: Jericho Union Free

Listed By / Shown By

Listed By

Agency Name: Vermont Real Estate Company
Agent Name: Sandy Palmer
Agency Phone: 802-540-8300

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Estimated Payment

$ 3,517.07 per month $2,225.57 Principal & Interest $999.83 Property Tax $291.67 Homeowner's Insurance

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