5281 Main Street Franklin, Vermont 05457 MLS# 4964766

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Sold Status

$235,000 Sold Price

Multi Type

5 Beds

3 Baths

3,172 Sqft

Listed By Flex Realty Group of Flex Realty
Sold By RE/MAX North Professionals

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Franklin County

5281 Main Street

Introducing 5281 Main Street, Franklin, VT 05457 – an exceptional opportunity. This 3-unit multi-family presents a smart investment or owner-occupy option. Two cozy 1-bed, 1-bath units grace the first floor, offering ideal living spaces. Ascend to the second floor, where a spacious 3-bed, 1-bath unit awaits, boasting an expansive open floor plan, updated kitchen, hardwood floors, and captivating exposed beams. Beyond the walls, the property unveils a generously sized backyard. Commuters to St. Albans, VT will relish the mere 25-minute drive. Positioned as an affordable gateway to real estate investment, this property assures cash flow and potential portfolio growth. Utility dynamics blend – some paid by tenants, others by the owner, reflecting balance and sustainability. The owner maintains an assumable mortgage (buyer must qualify), at a very low interest rate - rare find! Seize this chance to invest, reside, and prosper. Act quickly and schedule your showing today. This property won't last! Delayed showings start 08/14.

Property Location

5281 Main Street Franklin

Property Details

Sold Price  $235,000 Sold Date  Nov 14th, 2023
List Price  250,000 Bedrooms  5 Garage Size  1 Car
Cooperation Fee  Unknown Total Bathrooms  3 Year Built  1900
MLS#  4964766 Lot Size  0.5 Acres Taxes $4,420
Type  Multi-Family Days on Market  341 Days Tax Year 2022
Units  3 Stories  2 Road Frontage  75
Annual Income  $0 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  Aug 9th, 2023
Gross Income  $0 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $0/Mo Unit 2   1 Beds, 1 Baths, $1,000/Monthly
Unit 3   3 Beds, 1 Baths, $1,350/Monthly
ConstructionWood Frame
BasementInterior, Unfinished, Full, Unfinished
Interior Features
Exterior Features
Exterior  Aluminum, Vinyl Disability Features  
Foundation  Stone, Concrete House Color  White
Floors  Vinyl, Carpet, Laminate, Hardwood 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 awhite building on the left, just down from the General Store.
Lot Description, Level
Garage & Parking  Yes, , , Paved, On Site, 4 Parking Spaces
Road Frontage  75 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  res
School District  NA Middle  
Elementary   High  
Heat Fuel  , Oil Excluded  
Heating/Cool  None, Baseboard 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

† The remarks published on this webpage originate from Listed By Flex Realty Group of Flex Realty via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.