389 Railroad St Island Pond, VT 05846
Estimated payment $1,258/month
About This Home
3-unit, multifamily property on approximately .47 acres with ample tenant parking. Local amenities/essential services within walking distance, serviced by public water/sewer and individual, Rinnai wall units. Part of a larger, portfolio listing of income-producing properties consisting of 33 total units (29 residential & 4 commercial) in 6, separate buildings. For details, refer to main listing with MLS # 5034779. Full financials, leases, property details, etc. available.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,467
Year Built
- Built in 1900
Home Design
- Concrete Foundation
- Wood Frame Construction
- Vinyl Siding
Interior Spaces
- 2,424 Sq Ft Home
- Property has 2 Levels
- Window Screens
Parking
- Shared Driveway
- Dirt Driveway
- On-Site Parking
Location
- Flood Zone Lot
- City Lot
Schools
- Brighton Elementary School
- Brighton Elementary Middle School
- North Country Union High Sch
Additional Features
- 0.47 Acre Lot
- Heating System Mounted To A Wall or Window
Community Details
Overview
- 3 Units
Building Details
- 3 Leased Units
- Gross Income $30,600
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,774 | $59,600 | $8,200 | $51,400 |
| 2023 | $966 | $59,600 | $8,200 | $51,400 |
| 2022 | $1,327 | $59,600 | $8,200 | $51,400 |
| 2021 | $1,270 | $59,600 | $8,200 | $51,400 |
| 2020 | $1,406 | $59,600 | $8,200 | $51,400 |
| 2019 | $1,377 | $59,600 | $8,200 | $51,400 |
| 2018 | $1,371 | $59,600 | $8,200 | $51,400 |
| 2016 | $1,245 | $59,600 | $8,200 | $51,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/25/2025 09/25/25 | Price Changed | $199,900 | -89.2% | $82 / Sq Ft |
| 06/30/2025 06/30/25 | Price Changed | $1,850,000 | -5.1% | $763 / Sq Ft |
| 04/14/2025 04/14/25 | For Sale | $1,950,000 | -- | $804 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $125,000 | -- | |
| Deed | $120,000 | -- | |
| Deed | $120,000 | -- | |
| Deed | $55,000 | -- | |
| Partnership Grant Deed | -- | -- |
Source: PrimeMLS
MLS Number: 5036216
APN: 090-028-11067
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