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

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For Sale

$1,850,000

35,784 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $51.70
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

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# 5034779

Courtesy Of Jim Campbell Real Estate

(802) 334-3400

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Floor Covering
    Hardwood, Laminate, Tile, Tile - Ceramic
  • Heating System
    Baseboard
  • Lot Size
    1.51 Acres
  • Roof Type
    Asphalt, Membrane, Metal
  • Rooms
    Basement

Home seller CENTURY 21 Farm & Forest

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Farm & Forest

(802) 626-4222
Learn More About Us

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