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General Property Information
- Price:
- $1,950,000
- County:
- VT-Essex
- Acres:
- 1.51
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 33
- Agency/Brokerage:
- Luke Sykes
Jim Campbell Real Estate
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.
Features
- Property Type:
- Multi-Family
- # of Units:33
- Subdivision Name:
- Year Built:
- 1850
- Parking:
- Road Frontage:
- 0
- Acres:1.51
- Gross Income:
- 296,525
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 0
- Sq Ft (Above Ground):
- 35784
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 35784
- Land Description:City Lot,Rental Complex,Near Snowmobile Trails,Neighborhood,Near ATV Trail,Near School(s)
- Elementary School:
- Brighton Elementary
- Middle School:
- Brighton Elementary School
- High School:
- North Country Union High Sch
- Financing Details:
- Documents Available:
- Deed,Lease Agreements,Other,Tax Map
Unit Information
Unit 1
- #Rooms:
- 0
- #Bedrooms:
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Unit 2
- #Rooms:
- #Bedrooms:
- 0
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Unit 3
- #Rooms:
- #Bedrooms:
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Unit 4
- #Rooms:
- #Bedrooms:
- #Baths:
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Unit 5
- #Rooms:
- #Bedrooms:
- #Baths:
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Unit 6
- #Rooms:
- #Bedrooms:
- #Baths:
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Unit 7
- #Rooms:
- #Bedrooms:
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Unit 8
- #Rooms:
- 0
- #Bedrooms:
- 0
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Other Information
- List Date:
- 2025-04-03
- Last Updated: