Price Reduced 11.44%
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
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