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  • Listed by: 

    Luke Sykes,

    Jim Campbell Real Estate 802-334-3400,

    Ryan Pronto,

    Jim Campbell Real Estate

    $1,950,000

    2 Cross, 24 Main, 109/113/123/389 Railroad Street, Brighton, VT 05846

    --beds
    --baths
    35,784sqft
    : 
    Multi Family
    Built in 1850
    -- sqft lot
    $1,809,600 Zestimate®
    $54/sqft
    $-- HOA

    What's special

    Retail storefronts
    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.
    23 days
    on Zillow
    |
    299
    |
    11
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 14, 2025 at 12:26pm

    Listed by:

    Luke Sykes,

    Jim Campbell Real Estate 802-334-3400,

    Ryan Pronto,

    Jim Campbell Real Estate

    Source: PrimeMLS,MLS#: 5034779MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 2 Cross, 24 Main, 109/113/123/389 Railroad Street.

    Next available tour time:Today at 6:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Full bathrooms: 27
    Heating
    • Propane, Oil, Baseboard, Hot Water, Radiator, Wall Units
    Cooling
    • Wall Unit(s)
    Features
    • Flooring: Ceramic Tile, Combination, Hardwood, Laminate
    • Windows: Screens, Double Pane Windows
    • Basement: Concrete,Concrete Floor,Crawl Space,Dirt Floor,Insulated,Stairs - Interior,Sump Pump,Exterior Entry,Interior Entry
    Interior area
    • Total structure area: 48,259
    • Total interior livable area: 35,784 sqft
    • Finished area above ground: 35,784

    Property

    Parking
    • Parking features: Shared Driveway, Dirt, Paved, On Site, On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: 3
    • Patio & porch: Porch - Covered
    • Exterior features: Balcony, Natural Shade
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Body of water: Island Pond
    Lot
    • Size: 1.51 Acres
    • Features: City Lot, Rental Complex, Near Snowmobile Trails, Neighborhood, Near ATV Trail, Near School(s)
    Details
    • Zoning description: Village

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Combination Exterior, Shingle Siding, Vinyl Siding, Wood Exterior
    • Foundation: Concrete, Slab - Concrete, Stone
    • Roof: Corrugated,Membrane,Metal,Shingle - Architectural,Shingle - Asphalt
    Condition
    • New construction: No
    • Year built: 1850

    Utilities & green energy

    • Electric: 100 Amp Service, 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Gas - LP/Bottle, High Speed Intrnt -AtSite

    Community & HOA

    Location
    • Region: Island Pond

    Financial & listing details

    • Price per square foot: $54/sqft
    • Annual tax amount: $17,954
    • Date on market: 4/3/2025
    • Exclusions: Some units have tenant-owned appliances, refer to listing agents for details.
    • Road surface type: Paved
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