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Listed by Flex Realty Group • Flex Realty
$ 619,000
Est. payment /mo
Price Dropped by $80K
16 Franklin ST Brandon, VT 05733
9 Beds
4 Baths
4,320 SqFt
UPDATED:
01/02/2025 07:48 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,320 sqft
Price per Sqft $143
MLS Listing ID 5003027
Bedrooms 9
Full Baths 4
Construction Status Existing
Year Built 1880
Annual Tax Amount $3,402
Tax Year 2023
Lot Size 0.410 Acres
Acres 0.41
Property 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 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.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning res
Rooms
Basement Entrance Walk-up
Basement Unfinished
Interior
Cooling None
Exterior
Utilities Available Cable
Roof Type Shingle - Asphalt,Slate
Building
Story 2
Foundation Stone
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
