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16 Franklin Street, Brandon, VT 05733

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For Sale

$619,000

9 beds • 4 baths • 4,320 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • $143.29
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

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.
MLS# 5003027

Courtesy Of Flex Realty

(802) 399-2860

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Heating System
    Baseboard
  • Lot Size
    0.41 Acres
  • Roof Type
    Asphalt, Slate
  • Rooms
    Basement

Map and Directions

Directions to 16 Franklin Street, Brandon, VT 05733

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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