Welcome to Franklin St in the heart of Brandon! This is a very large property that offers a great opportunity to occupy or add to your portfolio. If occupying with 10% down it is estimated that your cost would be just over $2k/month at current rates to live in the large four bedroom two bathroom unit off the back of the building. that includes taxes, insurance water, sewer, plowing, and rubbish removal. When/if interest rates fall to 5% you could live in this gorgeous 1900 square-foot plus unit for less than 1500/month. The other two units rented at $1,650 can help to offset your monthly payments. For the investor, you could see an annual return around 11% at current rates and about 23% when interest rates go to 5%. This property offers 3 nicely appointed units. The 2nd floor of this unit has the remaining bedrooms and second bathroom. All rooms are well sized and offer plenty of space. You can also enjoy the deck off the back to enjoy relaxing and making meals outside. The second unit located on the first floor is a three bedroom and one bathroom that is currently rented. The third upstairs unit has been recently updated with new kitchen cabinets and countertops offers two large bedrooms and one bathroom. The tenants pay all utilities helping to keep operating costs low. The property also has a large outbuilding for storage. The tenants have storage access to part of the building and an owner can utilize the rest for a shop or storage. Connect with your local agent today!
Property Details
Property Features
Property Information:
Year Built: 1880
Stories: 2
Living Area: 4,320 SqFt
Listing Office:
Office Name: Flex Realty
Office Phone: (802) 399-2860
Listing Agent: Flex Realty Group
Interior Features
Interior Information:
Basement: Yes
Lot Features
Lot Information:
Lot Size: 0.41 Acres
Utilities
Utilities Information:
Heating: Baseboard
Cooling: None
Price Information
Listing Price Info
Price Summary:
List Price: $699,000
Price Per SqFt: $162/SqFt
Tax Information:
Annual Amount: $3,920
Tax Year: 2019
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
-
$157,400
2019
$3,920
$166,000
2018
$4,118
$166,000
2017
$4,056
$166,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Neshobe Elementary School
17 Neshobe Cir
Distance between this listing and this school2.48 miles
Public District Grades PK-6
3
/10
Lothrop Elementary School
3447 US Route 7
Distance between this listing and this school7.15 miles
Public District Grades PK-6
6
/10
Salisbury Community School
286 Kelly Cross Rd
Distance between this listing and this school8.62 miles
Public District Grades KG-5
Nearby Schools
6
/10
Barstow Memorial School
223 Chittenden Rd
Distance between this listing and this school9.37 miles
Public District Grades PK-8
5
/10
Orwell Village School
494 Main St
Distance between this listing and this school10.71 miles
Public District Grades PK-8
4
/10
Rutland Town Elementary School
1612 Post Rd
Distance between this listing and this school12.53 miles
Public District Grades PK-8
Nearby Schools
2
/10
Otter Valley Union High School
2997 Franklin St
Distance between this listing and this school2.66 miles
Public District Grades 7-12
3
/10
Proctor Jr. /Sr. High School
4 Park St
Distance between this listing and this school10.22 miles
Public District Grades 7-12
6
/10
Rutland High School
22 Stratton Rd
Distance between this listing and this school14.01 miles
The neighbors living near this home have an average income of $50,127. Residents of Rutland County, VT typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 16 Franklin St
What is the listing price of this property?
The listing price of 16 Franklin St property is $699,000.
What type of property is this?
The property 16 Franklin St is land located in Brandon, Vermont, 05733.
Is this property for sale now?
Active Listing: 16 Franklin St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2019 is $3,920 (source: MLS/based on county public records data).
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This home is located at 16 Franklin St in Brandon, VT and zip code 05733. This 4,320 square foot home, which was built in 1880, sits on a 0.41 acre lot. It has been listed on Rocket Homes since June 29, 2024 and is currently priced at $699,000.
The inventory of homes for sale in Rutland County, VT between September 2024 and October 2024 increased by 38.7%. The median list price of listings available in October 2024 was $325,000, while the average time on the real estate market was 69 days.
From Rocket Homes Real Estate and based on county public records data.
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
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