2 Cross, 24 Main, 109/113/123/389 Railroad ST new Save Request In-Person Tour Request Virtual Tour
Brighton,VT 05846
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 35,784 sqft
Price per Sqft $54
MLS Listing ID 5034779
Construction Status Existing
Year Built 1850
Annual Tax Amount $17,954
Tax Year 2024
Lot Size 1.510 Acres
Acres 1.51
Property 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. availalble.
Location
State VT
County Vt-essex
Area Vt-Essex
Zoning Village
Body of Water Lake
Rooms
Basement Entrance Interior
Basement Concrete,Concrete Floor,Crawl Space,Dirt Floor,Insulated,Stairs - Interior,Sump Pump,Exterior Access
Interior
Cooling Wall AC Units
Flooring Ceramic Tile,Combination,Hardwood,Laminate
Exterior
Garage Description On-Site,On Street
Utilities Available Gas - LP/Bottle
Waterfront Description Yes
View Y/N Yes
Water Access Desc No
View Yes
Roof Type Corrugated,Membrane,Metal,Shingle - Architectural,Shingle - Asphalt
Building
Story 3
Foundation Concrete,Slab - Concrete,Stone
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
Schools
Elementary Schools Brighton Elementary
Middle Schools Brighton Elementary School
High Schools North Country Union High Sch
School District North Country Supervisory Union