Bought with MyKayla Tanguay • Jim Campbell Real Estate
$1,500,000
$1,850,000
18.9%For more information regarding the value of a property, please contact us for a free consultation.
35,784 SqFt
SOLD DATE : 12/15/2025
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 35,784 sqft
Price per Sqft $41
MLS Listing ID 5034779
Sold Date 12/15/25
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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