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.
Closed
Listed by:
Flex Realty Group,
Flex Realty 802-399-2860
Bought with: RE/MAX North Professionals
$235,000
5281 Main Street, Franklin, VT 05457
5beds
3,172sqft
Multi Family
Built in 1900
-- sqft lot
$368,900 Zestimate®
$74/sqft
$1,710 Estimated rent
Home value
$368,900
$328,000 - $413,000
$1,710/mo
Zestimate® history
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Owner options
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$1,710/mo
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Rent Zestimate®
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$1,285/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: November 15, 2023 at 12:32pm
Listed by:
Flex Realty Group,
Flex Realty 802-399-2860
Bought with:
RE/MAX North Professionals
Source: PrimeMLS,MLS#: 4964766
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Oil, Baseboard
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Flooring: Carpet, Hardwood, Laminate, Vinyl
- Basement: Dirt Floor,Full,Unfinished,Interior Entry
Interior area
- Total structure area: 4,758
- Total interior livable area: 3,172 sqft
- Finished area above ground: 3,172
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Paved, On Site, Parking Spaces 4, Attached
- Garage spaces: 1
Features
- Levels: Two
- Patio & porch: Covered Porch
- Frontage length: Road frontage: 75
Lot
- Size: 0.50 Acres
- Features: Level
Details
- Parcel number: 23407510316
- Zoning description: res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Aluminum Siding, Vinyl Exterior
- Foundation: Concrete, Stone
- Roof: Metal,Standing Seam
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: 1000 Gallon, Concrete, Leach Field, Private Sewer, Septic Tank
- Water: Public
- Utilities for property: Cable
Community & neighborhood
Location
- Region: Franklin
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2023 | Sold | $235,000-6%$74/sqft |
Source:  PrimeMLS #4964766 Report a problem | ||
| 9/1/2023 | Contingent | $250,000$79/sqft |
Source: PrimeMLS #4964766 Report a problem | ||
| 8/9/2023 | Listed for sale | $250,000+28.2%$79/sqft |
Source: PrimeMLS #4964766 Report a problem | ||
| 8/30/2021 | Sold | $195,000-1.5%$61/sqft |
Source: PrimeMLS #4843179 Report a problem | ||
| 5/11/2021 | Contingent | $198,000$62/sqft |
Source: PrimeMLS #4843179 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $222,800 |
| 2023 | -- | $222,800 |
| 2022 | -- | $222,800 |
Find assessor info on the county website
Neighborhood: 05457
Nearby schools
GreatSchools rating
- 4/10Sheldon Elementary SchoolGrades: PK-8Distance: 6.3 mi
- 6/10Enosburg Falls Junior/Senior High SchoolGrades: 6-12Distance: 7.7 mi
- 8/10Franklin Central SchoolGrades: PK-6Distance: 0.2 mi
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- Vermont
- Franklin County
- Franklin
- 05457
- 5281 Main Street