5281 Main Street Franklin, Vermont 05457 MLS# 4843179

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Sold Status

$195,000 Sold Price

Multi Type

5 Beds

3 Baths

3,172 Sqft

Listed By Brian Armstrong of KW Vermont
Sold By M Realty
✉ 🖶

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Franklin County

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5281 Main Street

With multi-unit prices skyrocketing in Chittenden County it’s time to look north for your next, or first, income generating, profitable real estate investment. Now here’s a little revenue gem to help you expand/flesh out your profitable portfolio or start one as you live in one unit while the others pay your mortgage! 2 spacious 1-bedroom units on the first floor and a very large, 3-bedroom unit on the 2nd floor. Excellent rental history with a large and comfortable backyard. Located right in the center of bucolic Franklin close to everything, the first floor units were completely renovated in 2011. †

Property Location

5281 Main Street Franklin

Property Details

Sold Price  $195,000 Sold Date  Aug 30th, 2021
MLS#  4843179 Bedrooms  5 Garage Size  1 Car
List Price  198,000 Total Bathrooms  3 Year Built  1900
Type  Multi-Family Lot Size  0.5000 Acres Taxes $4,610
Units  3 Stories  2 Road Frontage  
Annual Income  $30,000 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  3,172 Sqft Construction  No, Existing
Zoning   Res Above Grade  3,172 Sqft Seasonal  No
Total Rooms  5 Below Grade  0 Sqft List Date  Jan 5th, 2021
Gross Income  $30,000 Operating Expenses  $0 Net Income  $17,890
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $750/Monthly Unit 2   1 Beds, 1 Baths, $750/Monthly
Unit 3   3 Beds, 1 Baths, $1,000/Monthly
ConstructionWood Frame
BasementInterior, Full
Interior Features
Exterior Features
Exterior  Aluminum, Vinyl Disability Features  
Foundation  Stone, Concrete House Color  White
Floors  Vinyl, Carpet Building Certifications  
Roof  Standing Seam, Metal HERS Index  
DirectionsRoute 105 East to Route 120, take left and go to the center of Franklin Village. Property is a white building on the left, just down from the General Store.
Lot Description, Level
Garage & Parking  Yes, , , 6+ Parking Spaces
Road Frontage   Water Access  
Driveway  None Water Type  
Flood Zone  Unknown Water Body  
Zoning  Res
School District  Franklin Northeast Middle  
Elementary  Franklin Central School High  Choice
Heat Fuel  , Oil Excluded  
Heating/Cool  None, Baseboard, Hot Air Negotiable  
Sewer  1000 Gallon, Private, Leach Field, Septic, Concrete Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  234-075-10316
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† The remarks published on this webpage originate from Listed By Brian Armstrong of KW Vermont via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.