$699,900
UNDER CONTRACT $1M PRICE DROP

123 Railroad St Island Pond, VT 05846

Estimated payment $3,907/month

Total Views 3,952
-- Bed
-- Bath
2,542 Sq Ft
$275 Price per Sq Ft

About This Home

Duplex with large, 3-bedroom, 1-bath units and long-standing tenants. Features an enclosed front porch, slab foundation and vinyl siding for low maintenance. Parking on-site/at-street, serviced by public water/sewer, and individual Rinnai wall units. This listing is being offered in conjunction with 2 adjoining properties corresponding to MLS #'s 5036213 & 5036214. Current, annual rental income totalling $129,425, with additional $26,400 potential rental income. Combined expenses of $53,323. Part of a larger, portfolio listing of income-producing properties consisting of 33 total units (29 residential & 4 commercial) in 6, separate buildings, with MLS #'s 460312, 460329, 460366, 460385, 460409, & 460421. For details, refer to main listing with MLS #5034779. Full financials, leases, property details, etc. available.

Listing Agent

Luke Sykes

Jim Campbell Real Estate License #082.0135074 Listed on: 04/14/2025

Co-Listing Agent

Ryan Pronto

Jim Campbell Real Estate License #081.0063392

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,695

Year Built

  • Built in 1900

Home Design

  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,542 Sq Ft Home
  • Property has 2 Levels
  • Window Screens
  • Interior Basement Entry

Parking

  • Shared Driveway
  • Paved Parking
  • On-Street Parking
  • On-Site Parking

Schools

  • Brighton Elementary School
  • Brighton Elementary Middle School
  • North Country Union High Sch

Additional Features

  • 9,148 Sq Ft Lot
  • City Lot
  • Heating System Mounted To A Wall or Window

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Gross Income $296,525

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,695

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: At the junction of Main St, and Cross St, proceed for approximately .25 miles. Property is on the left, across from the fire station.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1900
  • Display On Internet: High Speed Intrnt at Site
  • Architectural Style: Multi-Family
  • ResoLotFeatures: City Lot, Rental Complex, Near Snowmobile Trails, Neighborhood, Near ATV Trail, Near School(s)
  • Road Frontage Type: Paved, Public
  • Co List Office Mls Id: 4305-0
  • MLS Status: (31) Under Contract - Active Under Contract
  • Above Grade Finished Sq Ft: 2542.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Water_Body_Access: No
  • Water_View: No
  • Basement_Access_Type: Interior
  • Above_Grade_Unfinished_Area_Source: Public Records
  • Below_Grade_Unfinished_Area_Source: Public Records
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Tankless Water Heater
  • Flooring: Combination
  • Basement: Concrete, Slab
  • Basement YN: No

Exterior Features

  • Driveway: Common/Shared, Paved
  • Exterior Features: Enclosed Porch, Window Screens, Double Pane Window(s)
  • Roof: Architectural Shingle
  • Construction Type: Wood Frame, Vinyl Siding
  • Waterfront: No
  • Foundation Details: Concrete Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site, On Street

Utilities

  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Heating: Propane, Wall Units
  • Cooling: None
  • Trash: Owner
  • Utilities: Propane
  • Water Source: Public

Schools

  • Elementary School: Brighton Elementary
  • High School: North Country Union High Sch
  • Middle Or Junior School: Brighton Elementary School

Lot Info

  • Surveyed: Unknown
  • Zoning: Village
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9148.0

Multi Family

  • Gross Income: 296525.0
  • Number Of Units Total: 2
  • Number Of Units Leased: 2

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 2694.96

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $708 $23,800 $6,800 $17,000
2023 $386 $23,800 $6,800 $17,000
2022 $530 $23,800 $6,800 $17,000
2021 $507 $23,800 $6,800 $17,000
2020 $562 $23,800 $6,800 $17,000
2019 $550 $23,800 $6,800 $17,000
2018 $548 $23,800 $6,800 $17,000
2016 $497 $23,800 $6,800 $17,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2025 09/25/25 Price Changed $699,900 -62.2% $275 / Sq Ft
06/30/2025 06/30/25 Price Changed $1,850,000 -5.1% $728 / Sq Ft
04/14/2025 04/14/25 For Sale $1,950,000 +12900.0% $767 / Sq Ft
05/16/2014 05/16/14 Sold $15,000 -66.7% $6 / Sq Ft View Prior Sale
04/23/2014 04/23/14 Pending -- -- --
12/10/2012 12/10/12 For Sale $45,000 -- $18 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed -- --
Deed $10,000 --
Deed $10,000 --
Deed $10,000 --
Deed $15,000 --
Deed $15,000 --
Foreclosure Deed $36,140 --
Foreclosure Deed $36,140 --
Source: Public Records

Source: PrimeMLS

MLS Number: 5036215

PrimeMLS

APN: 090-028-10735