List Price: $599,000 | $139 per sq.ft. Multi Family
Price Change! Reduced by $201,000 down 34% on February 18th 2025
A 3 Unit Multi Family Home
With 0 One Bedroom Units , 1 - Two Bedroom Units ,2 - Three Bedroom Units
Listed Saturday Jun 29, 2024 | MLS# 5003027
16 Franklin Street Brandon VT
Listed by Flex Realty Group Flex Realty
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 Quakermaid cabinetry with granite tops. It also has a good size deck and a large outbuilding for storage and a shop. Currently occupied and rented for $2300 per month. 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 Quakermaid 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 $5600 per month income against expenses of $1040 per month, including taxes, insurance, water, sewer, plowing and rubbish. A 10% down would be 22.9% ROI. Priced at $139 per square foot this worth looking to add to your portfolio! All of this is just a short walk to the center of Brandon to enjoy the activities hosted year round, shopping and dining experiences. Schedule your time to view today! Operating Expenses : Insurance,Snow Removal,Trash,Water/Sewer
Annual Expenses

Taxes: $3,403
Income
Gross Income | $67,200
NetIncome | $55,841

UNIT 1

Beds: 4
Baths: 2
Rooms: 0
Rent : 2300.00 Monthly

UNIT 2

Beds: 3
Baths: 1
Rooms: 0
Rent : 1650.00 Monthly

UNIT 3

Beds: 2
Baths: 1
Rent : 1650.00 Monthly
Construction: Wood Frame
Year Built: 1880
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 5550
Above Grade Sq.Ft.: 4320
Basement: Unfinished
Foundation: Stone
Roof: Metal | Slate
Seasonal: No
Heating: Propane | Baseboard | Electric
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters:
Water: Public
Sewer: Public
Land Information
Sidewalks
Lot size: 0.41 acres
Zoned: res)
Surveyed: Unk
Flood Zone: No
Driveway: Gravel


Taxes $3,403
Assesed Value Not Reported
Schools

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