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+18023630607
Century 21 MRC
2 Cross 24 Main 109/113/123/389 Railroad St, Brighton, VT 05846
- $1,500,000
- 35,784
- SqFt
Listing courtesy of Luke Sykes from Jim Campbell Real Estate. ()
Listing sold by from Jim Campbell Real Estate
- Sold Price
- $1,500,000
- List Price
- $1,850,000
- Status
- CLOSED
- MLS#
- 5034779
- Closing Date
- Dec 15, 2025
- Living Area
- 35,784
- Lot Size
- 65,776
- Acres
- 1.51
- Year Built
- 1850
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.
Additional Information
- Taxes
- $27,840
- Listing Agent
- Luke Sykes
- Listing Office
- Jim Campbell Real Estate
- Style
- Multi-Family
- School District
- North Country Supervisory Union
- Elementary School
- Brighton Elementary
- Middle School
- Brighton Elementary School
- High School
- North Country Union High Sch
- Exterior Features
- Balcony, Natural Shade, Covered Porch, Window Screens, Double Pane Window(s)
- Water Type
- Lake
- Electric
- Service - 0 to 100 Amps, Service - 201 to 600 Amps
- Utilities
- Propane
- Basement
- Concrete, Concrete, Crawl Space, Dirt Floor, Insulated, Interior Stairs, Sump Pump, Exterior Entry
- Foundation
- Concrete, Slab, Stone
- Sewer
- Public Sewer
- Roof
- Corrugated, Membrane, Metal, Architectural, Asphalt
- Zoning
- Village
- Water
- Public
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