25 North Street Proctor VT Multi Family For Sale $499000

List Price: $499,000 | $125 per sq.ft. Multi Family A 2 Unit Multi Family Home
With 1 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Wednesday Dec 6, 2023 | MLS# 4979503

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Address: 25 North Street Proctor VT
Listed by Claire Thompson Four Seasons Sotheby's Int'l Realty
Description:
Franklin's has been a staple of this community for years! Boasting food, friends, and fun, this family owned restaurant is open 7 days a week and the tables are filled each and every day. Year round, this well known restaurant sees regular customers from all over the state and beyond. In addition, the VAST trails lead right to Franklin's so snowmobilers come from far and wide and fill the restaurant and bar throughout the winter. Franklin's sits on a 5.66 acre lot and offers lots of parking. The dining room features a 72 seat occupancy with 15 seats at the bar. The pool table is a great feature for patrons to enjoy while sipping on drinks and eating great food with friends and family. The kitchen has had many upgrades and improvements in the last several years. In addition to the restaurant, there are two residential apartments on the 2nd floor. There is one two bedroom apartment and a one bedroom apartment. The one bedroom apartment has brand new laminate wood flooring throughout the apartment and the two bedroom will also have laminate wood flooring installed asap. Both apartments are currently occupied and provide another form of income for the owners. The sale includes all inventory and equipment and furniture. It is quite literally a turn key business! This is a great property with multiple income opportunities. This property is also listed as a commercial listing under MLS # 4979428

Annual Expenses

Taxes: $6,556

Income

Appliances : Water Heater � Oil | Water Heater � Owned

Construction: Wood Frame | Wood Siding
Year Built: 1880
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 6575
Above Grade Sq.Ft.: 3978
Basement: Unfinished | Interior Access
Foundation: Concrete

Exterior Color: Brown
Roof: Corrugated | Metal
Seasonal: No

Heating: Oil | Baseboard
Cooling: Wall AC Units
Electric: Circuit Breaker(s)
Utilities: Cable | Gas - LP/Bottle | Telephone At Site | Phone
Electric Meters:
Water: Public
Sewer: Public

Additional Information
Taxes $6,556
Assesed Value Not Reported

Schools
School District: Proctors School District

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

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