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

$1,950,000

bedrooms

bathrooms

square feet

35,784

Acreage

1.51

Open Houses

year built

1850

Full Baths

Half Baths

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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
Subdivision	-
County	Essex
Elementary School	Brighton Elementary
Middle School	Brighton Elementary School
High School	North Country Union High Sch

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 5034779

Listing agent: Luke Sykes

Listing broker: Jim Campbell Real Estate (802) 334-3400

Last update: Monday, April 14 2025 at 6:25 p.m. EDT

Kotohomes National