List Price: $599,000 | $139 per sq.ft. Multi Family
Price Change! Reduced by $201,000 down 34% on February 18th 2025
A 3 Unit Multi Family Home
With 0 One Bedroom Units , 1 - Two Bedroom Units ,2 - Three Bedroom Units
Date Listed Saturday Jun 29, 2024 | MLS# 5003027
Price Change! Reduced by $201,000 down 34% on February 18th 2025
A 3 Unit Multi Family Home
With 0 One Bedroom Units , 1 - Two Bedroom Units ,2 - Three Bedroom Units
Date Listed Saturday Jun 29, 2024 | MLS# 5003027
To see this Listing
Address: 16 Franklin Street Brandon VT
Listed by Flex Realty Group Flex Realty
Description:
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 Quakermaid cabinetry with granite tops. It also has a good size deck and a large outbuilding for storage and a shop. Currently occupied and rented for $2300 per month. 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 Quakermaid 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 $5600 per month income against expenses of $1040 per month, including taxes, insurance, water, sewer, plowing and rubbish. A 10% down would be 22.9% ROI. Priced at $139 per square foot this worth looking to add to your portfolio! All of this is just a short walk to the center of Brandon to enjoy the activities hosted year round, shopping and dining experiences. Schedule your time to view today! Operating Expenses : Insurance,Snow Removal,Trash,Water/Sewer
Annual Expenses
Taxes: $3,403
Taxes: $3,403
Income
Gross Income | $67,200
NetIncome | $55,841
Gross Income | $67,200
NetIncome | $55,841
UNIT 1 INFORMATION
Beds: 4
Baths: 2
Rooms: 0
Rent : 2300.00 Monthly
UNIT 2 INFORMATION
Beds: 3
Baths: 1
Rooms: 0
Rent : 1650.00 Monthly
UNIT 3 INFORMATION
Beds: 2
Baths: 1
Rent : 1650.00 Monthly
Construction: Wood Frame
Year Built: 1880
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 5550
Above Grade Sq.Ft.: 4320
Basement: Unfinished
Foundation: Stone
Year Built: 1880
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 5550
Above Grade Sq.Ft.: 4320
Basement: Unfinished
Foundation: Stone
Roof: Metal | Slate
Seasonal: No
Seasonal: No
Heating: Propane | Baseboard | Electric
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters:
Water: Public
Sewer: Public
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters:
Water: Public
Sewer: Public
Land Information
Sidewalks
Lot size: 0.41 acres
Zoned: res)
Surveyed: Unk
Flood Zone: No
Driveway: Gravel
Sidewalks
Lot size: 0.41 acres
Zoned: res)
Surveyed: Unk
Flood Zone: No
Driveway: Gravel
Additional Information
Taxes $3,403
Assesed Value Not Reported
Taxes $3,403
Assesed Value Not Reported
Schools
