Multi-Family for Sale: 25 North Street, Proctor, VT 05765

3,978 sqft
$499,000
$499,000
25 North Street, Proctor, VT 05765
3,978 sqft
$499,000
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Price:
$499,000
$40,000 - 05/30/2024

Type Multi-Family
Style Multi-Family
Square Feet 3,978 sqft
Lot Size 5.66 acres
Year Built 1880
Taxes Paid $6,556

City Proctor
County Rutland
School District Proctors School District

MLS 4979503
Status Active
DOM 340 days
Franklin's has been a staple of this community for years! Boasting food, friends, and fun, this family owned restaurant is open 7 days a week and the tables are filled each and every day. Year round, this well known restaurant sees regular customers from all over the state and beyond. In addition, the VAST trails lead right to Franklin's so snowmobilers come from far and wide and fill the restaurant and bar throughout the winter. Franklin's sits on a 5.66 acre lot and offers lots of parking. The dining room features a 72 seat occupancy with 15 seats at the bar. The pool table is a great feature for patrons to enjoy while sipping on drinks and eating great food with friends and family. The kitchen has had many upgrades and improvements in the last several years. In addition to the restaurant, there are two residential apartments on the 2nd floor. There is one two bedroom apartment and a one bedroom apartment. The one bedroom apartment has brand new laminate wood flooring throughout the apartment and the two bedroom will also have laminate wood flooring installed asap. Both apartments are currently occupied and provide another form of income for the owners. The sale includes all inventory and equipment and furniture. It is quite literally a turn key business! This is a great property with multiple income opportunities. This property is also listed as a commercial listing under MLS # 4979428

Lot & Building Features

Appliances Water Heater – Oil, Water Heater – Owned
Utilities Cable, Telephone At Site, Phone, Gas - LP/Bottle
Construction Wood Frame, Wood Siding
Cooling Wall AC Units
Heat Source Oil
Heating Baseboard
Sewer Public
Tax Year 2023
Taxes Paid $6,556
Water Public
Basement Description Interior Access, Unfinished
Foundation Concrete
Lot Description Corner, Wooded, Open, Level, Hilly
Roof Corrugated, Metal
Garage No

Price History of 25 North Street

Date Name Price Difference
05/30/2024 Price Adjustment $499,000 7.42%
12/06/2023 Listing Price $539,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 25 North Street, Proctor, VT

Location Map Street View
Photo of Terri Brunette
Direct: 603-964-7000
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Four Seasons Sotheby's Int'l Realty, Claire Thompson
$
20%
1.313869739479%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

25 North Street (MLS #4979503) is a multi-family listing located in Proctor, VT. This multi-family listing is 3,978 sqft and on a lot of 246,550 sqft (or 5.66 acres) and is 144 years old. This property was listed on 12/06/2023 and has been priced for sale at $499,000.

Nearby zip codes are 05701, 05736, 05744, 05763 and 05765 9710. This property neighbors other cities such as Ira, Pittsford, Rutland City, Rutland Town and West Rutland.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Four Seasons Sotheby's Int'l Realty

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. Data last updated 11/10/2024