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Listed price in listed location currency (USD).
$1,850,000

0270

MLS® 5034779

  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 210
Lot Size 
Approx. Age 1850
MLS® Number 5034779

Property Address: 2 Cross, 24 Main, 109/113/123/389 Railroad Street, Brighton, VT, 05846

Average square foot calculated using Size range provided by listing agent.

Description

Income producing properties consisting of 33 total units (29 residential & 4 commercial) in 6 separate buildings. Total current rental income = $296, 525, potential rent = $394, 325 (additional 2 vacant residential units being renovated at the moment and 4 owner-occupied commercial units/businesses). Total annual operating expenses = $117, 497. Commercial units consist of two, retail storefronts and an arcade/ laundromat with 10 owned coin-op washers & 10 dryers. Owner will consider negotiating a sale to include any/all of the businesses, equipment, and inventory. All properties are in decent condition, have very low vacancy rates and many have long-standing tenants/leases. This would make a manageable investment as all properties are within close proximity/walking distance to all town amenities, with current rental manager willing to offer services to new owner. All buildings are serviced by public/water sewer and a combination of oil-boilers/propane wall units. Full financials, leases, property details, etc. Available.
MLS® Number5034779
Laundry Level
Central VacNo
FireplaceNo
Acreage1.51
Exterior
GarageNo
Approx. Age1850
BasementConcrete, Crawl Space, Concrete Floor, Dirt Floor, Exterior Entry, Insulated, Interior Stairs, Sump Pump
DrivewayOn Site, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

Other

Apr 3, 2025List Date
$1,850,000List Price
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Commute

Starting Address
Destination Address
2 Cross, 24 Main, 109/113/123/389 Railroad Street, Brighton, VT

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