Price Reduced 11.44%

$619,000 ($143.29 per sqft)

Est. Mortgage $3,049/mo *

Quick Pre-Approval

Listing courtesy of Flex Realty Group, Flex Realty Phone: 802-399-2860


Price History

$699,000
6/29/2024

$619,000
1/2/2025


16 Franklin Street, Brandon, VT, 05733

16 Franklin Street, Brandon, VT, 05733

9 beds

4 Full baths

1880

Multi-Family

4,320 sqft

The first unit has four large bedrooms, two full baths, living, kitchen, dining and laundry rooms. This, top to bottom, newly renovated 1920 square-foot unit features hardwood in the living and dining room rooms and Quaker made cabinetry with granite tops. It also has a good size deck and a large outbuilding for storage and a shop. Currently unoccupied but should rent for $2500 per month very soon. The second downstairs unit is a three bedroom and just under 1200 ft.². This unit is currently rented for $1650 per month and has mostly hardwood floors and a full bath. The third unit is a two bedroom upstairs that has quaker made cabinets and granite countertops. This unit features a large eat-in kitchen, large living room, two huge bedrooms and hardwood and soft wood floors. This unit is just over 1200 ft.² and also rents for $1650 per month. Tenants pay all utilities. That's $5800 per month income against expenses of $1040 per month, including taxes, insurance, water, sewer, plowing and rubbish. Motivated seller is willing to finance up to 84% of the 20% down payment for six years at a reasonable rate to create instant profits for the new owner and large profits once the down payment is paid in full.


Status:

Active

Type:

Multi-family

Units:

3

Zoning:

res

Heating:

Propane, Baseboard

Cooling:

None

Basement:

Unfinished

Acreage:

0.41

Est. Taxes:

$3,403

Lot Description:

Sidewalks

MLS #:

5003027


Community Info

School Info

Walk Score

Mass Transit

Yelp