65 Main N Street Bakersfield, Vermont 05441 MLS# 4993966

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Under Contract Status

$550,000 List Price

Multi Type

10 Beds

6 Baths

5,944 Sqft

Listed By Carri Ferrari of EXP Realty
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Franklin County

65 Main N Street
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Investors take note of this 6 Unit in the center of Bakersfield Village. Surrounded by parks, walking trails, and within walking distance to the library and elementary school, this large apartment building is nestled in the quiet beauty of rural Vermont. With 5 residential units and a long-term business lease in the 6th, this is a smart addition to your portfolio. 2 current vacancies and 3 month-to-months, brings opportunity to Owner Occupy, STR or LTR. Recent updates make this a turn-key investment.

Property Location

65 Main N Street Bakersfield

Property Details

Contract Date  Nov 16th, 2024
List Price  550,000 Bedrooms  10 Garage Size  2 Car
Cooperation Fee  Unknown Total Bathrooms  6 Year Built  1892
MLS#  4993966 Lot Size  0.5 Acres Taxes $5,651
Type  Multi-Family Days on Market  202 Days Tax Year 2023
Units  6 Stories  3 Road Frontage  300
Annual Income  $75,827 Style   Water Frontage  
Annual Expenses  $0 Finished  5,944 Sqft Construction  No, Existing
Zoning   Village Above Grade  5,944 Sqft Seasonal  No
Total Rooms  10 Below Grade  0 Sqft List Date  May 3rd, 2024
Gross Income  $75,827 Operating Expenses  $0 Net Income  $46,035
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $0/Mo Unit 2   2 Beds, 1 Baths, $0/Mo
Unit 3   1 Beds, 1 Baths, $1,250/Monthly Unit 4   3 Beds, 1 Baths, $1,250/Monthly
Unit 5   2 Beds, 1 Baths, $1,250/Monthly Unit 6   0 Beds, 1 Baths, $900/Monthly
Construction
BasementWalkout, Concrete Floor, Exterior Access, Stairs - Basement
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Stone House Color  
Floors   Building Certifications  
Roof  Metal HERS Index  
DirectionsFrom Saint Albans, take VT Rt 36 for 15 miles until you come to Bakersfield and the intersection of VT Rt 108. Turn Left. Property 3rd on Left. See Post Office. From Jeffersonville, Continue on VT Rt 108N for about 11 miles. Property on Left.
Lot Description, Village, Village
Garage & Parking  Yes, Paved, On Site, 5-10 Spaces
Road Frontage  300 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  Village
School District  Franklin Northeast Middle  Choice
Elementary  Choice High  Choice
Heat Fuel  , Oil Excluded  
Heating/Cool  None, Baseboard Negotiable  
Sewer  1500+ Gallon, Private, On-Site Septic Exists, Private Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  024-007-10028
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† The remarks published on this webpage originate from Listed By Carri Ferrari of EXP 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.