Homes for sale - 16 Franklin ST, Brandon, VT 05733

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Matt & Sonya Quinlan

qrealtorma@gmail.com +1(978) 827-8268

Listed by Flex Realty Group • Flex Realty

$699,000

Est. payment - /mo

9 Beds

4 Baths

4,320 SqFt

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UPDATED:

11/04/2024 04:51 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,320 sqft

Price per Sqft $161

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

Welcome to Franklin St in the heart of Brandon! This is a very large property that offers a great opportunity to occupy or add to your portfolio. If occupying with 10% down it is estimated that your cost would be just over $2k/month at current rates to live in the large four bedroom two bathroom unit off the back of the building. that includes taxes, insurance water, sewer, plowing, and rubbish removal. When/if interest rates fall to 5% you could live in this gorgeous 1900 square-foot plus unit for less than 1500/month. The other two units rented at $1,650 can help to offset your monthly payments. For the investor, you could see an annual return around 11% at current rates and about 23% when interest rates go to 5%. This property offers 3 nicely appointed units. The 2nd floor of this unit has the remaining bedrooms and second bathroom. All rooms are well sized and offer plenty of space. You can also enjoy the deck off the back to enjoy relaxing and making meals outside. The second unit located on the first floor is a three bedroom and one bathroom that is currently rented. The third upstairs unit has been recently updated with new kitchen cabinets and countertops offers two large bedrooms and one bathroom. The tenants pay all utilities helping to keep operating costs low. The property also has a large outbuilding for storage. The tenants have storage access to part of the building and an owner can utilize the rest for a shop or storage. Connect with your local agent today!

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning res

Rooms

Basement Entrance Walk-up

Basement Unfinished

Interior

Heating Gas - LP/Bottle

Cooling None

Exterior

Utilities Available Cable

Roof Type Shingle - Asphalt,Slate

Building

Story 2

Foundation Stone

Sewer Public

Construction Status Existing

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Matt & Sonya Quinlan

+1(978) 827-8268

Agent | License ID: 9518707

Agent License ID: 9518707

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16 Franklin ST Brandon, VT 05733

Matt & Sonya Quinlan

Matt & Sonya Quinlan

Key Details

Location

Rooms

Interior

Exterior

Building

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