VT > Brighton
Brighton, VT 05846,2 Cross, 24 Main, 109/113/123/389 Railroad ST
Brighton, VT 05846,2 Cross, 24 Main, 109/113/123/389 Railroad ST
Brighton, VT 05846,2 Cross, 24 Main, 109/113/123/389 Railroad ST
50
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$1,850,000
Est. payment /mo
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35,784 SqFt
Under Contract

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

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Molly Smith

Molly Smith

+1(508) 980-9042

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 35,784 sqft

Price per Sqft $51

MLS Listing ID 5034779

Construction Status Existing

Year Built 1850

Annual Tax Amount $27,840

Tax Year 2025

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. available.

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, Interior Stairs, Sump Pump, Exterior Access

Interior

Cooling Wall AC Units

Flooring Ceramic Tile, Combination, Hardwood, Laminate

Exterior

Utilities Available Propane

Waterfront Description Yes

View Y/N Yes

Water Access Desc No

View Yes

Roof Type Corrugated,Membrane,Metal,Architectural Shingle,Asphalt Shingle

Building

Story 3

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

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Molly Smith

Molly Smith

Agent

+1(508) 980-9042

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2 Cross, 24 Main, 109/113/123/389 Railroad ST

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