VERMONTBrighton

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

Brighton, VT 05846
$1,950,000
Studio
multi-family residence

AGENTS

Douglas Elliman
Douglas Elliman
Listing Courtesy of Jim Campbell Real Estate

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. availalble.
Show MoreShow Less

PROPERTY DETAILS

  • Interior
    48,259 Sq Ft.
  • Exterior
    1.51 Acres
  • Property Type
    multi-family residence
  • Year Built
    1850
  • MLS/Listing ID
    5034779
  • Days On Market
    491

BUILDING/PROPERTY DETAILS

  • Water View
Show MoreShow Less
Prime MLS Logo
Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated .