Brandon VT Multi Family for Sale
$619,000
16 Franklin Street Brandon, VT 05733
- Type:
- Multi-Family
- Sq.Ft.:
- 4,320
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.41 Acres
- Year built:
- 1880
- Baths:
- 4.00
- MLS#:
- 5003027
ADDITIONAL INFORMATION
The first unit has four large bedrooms, two full baths, living, kitchen, dining and laundry rooms. This, top to bottom, newly renovated 1920 square-foot unit features hardwood in the living and dining room rooms and Quaker made cabinetry with granite tops. It also has a good size deck and a large outbuilding for storage and a shop. Currently unoccupied but should rent for $2500 per month very soon. The second downstairs unit is a three bedroom and just under 1200 ft.². This unit is currently rented for $1650 per month and has mostly hardwood floors and a full bath. The third unit is a two bedroom upstairs that has quaker made cabinets and granite countertops. This unit features a large eat-in kitchen, large living room, two huge bedrooms and hardwood and soft wood floors. This unit is just over 1200 ft.² and also rents for $1650 per month. Tenants pay all utilities. That's $5800 per month income against expenses of $1040 per month, including taxes, insurance, water, sewer, plowing and rubbish. Motivated seller is willing to finance up to 84% of the 20% down payment for six years at a reasonable rate to create instant profits for the new owner and large profits once the down payment is paid in full.
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Brandon Real Estate
The median home value in Brandon, VT is $260,500. This is lower than the county median home value of $268,600. The national median home value is $338,100. The average price of homes sold in Brandon, VT is $260,500. Approximately 66.94% of Brandon homes are owned, compared to 19.55% rented, while 13.52% are vacant. Brandon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Brandon real estate agent to arrange a tour today!
Brandon, Vermont has a population of 4,092. Brandon is less family-centric than the surrounding county with 20.45% of the households containing married families with children. The county average for households married with children is 22.91%.
The median household income in Brandon, Vermont is $61,653. The median household income for the surrounding county is $59,751 compared to the national median of $69,021. The median age of people living in Brandon is 49.4 years.
Brandon Weather
The average high temperature in July is 81.6 degrees, with an average low temperature in January of 9.1 degrees. The average rainfall is approximately 40.5 inches per year, with 70.8 inches of snow per year.