NOT LISTED FOR SALE

4 Railroad St Randolph, VT 05060

13 Beds
6 Baths
5,670 Sq Ft
7,405 Sq Ft Lot

Last Sold December 14, 2018

Last sale price $225,000 $40 Per Sq Ft

167 Days on Market

Highlights

  • Covered Patio or Porch
  • Level Lot
  • Carpet
  • Double Pane Windows
  • Wood Siding

About This Home

As of December 2018

Cash flow positive 6 Unit apartment building located in the heart of Downtown Randolph. This great opportunity has been well maintained by the same owner for over 30 years and definitely shows the pride that has gone into this building.

Last Agent to Sell the Property

Paul H Rea

Rural Vermont Real Estate License #081.0004143 Listed on: 06/05/2018

Last Buyer's Agent

Paul H Rea

Rural Vermont Real Estate License #081.0004143 Listed on: 06/05/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 6 Full Bathrooms
  • 5,670 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Dirt Floor

Parking

  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Randolph Elementary School
  • Randolph School Uhsd #2 Middle School
  • Randolph Uhsd #2 High School

Utilities

  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter
  • Water Heater

Community Details

Overview

  • 6 Units

Building Details

  • Operating Expense $25,701
  • Gross Income $61,800
  • Net Operating Income $34,245

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Family, Multi-Level
  • Directions: South Pleasant St. to Railroad St., just south of RR tracks.
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 39.68
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 7560
  • Sq Ft - Apx Total Finished: 5670
  • Property Type: Multi-Family
  • Year Built: 1900
  • Remarks Public: Cash flow positive 6 Unit apartment building located in the heart of Downtown Randolph. This great opportunity has been well maintained by the same owner for over 30 years and definitely shows the pride that has gone into this building.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete Floor, Dirt Floor, Stairs - Exterior, Stairs - Interior, Unfinished, Walkout
  • Sq Ft - Apx Finished AG: 5670
  • Sq Ft - Apx Unfinished BG: 1890

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Gravel, Right-Of-Way (ROW)
  • Exterior: Clapboard, Wood Siding
  • Foundation: Concrete, Fieldstone
  • Road Frontage: Yes
  • Roads: Gravel, Public, Easement/ROW
  • Roof: Membrane, Standing Seam
  • Features Exterior: Porch - Covered, Windows - Double Pane

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Metered, Public
  • Water: Metered, Public
  • Water Heater: Separate
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Gas Heater - Vented, Hot Air, Individual, Wall Units
  • Separate Utilities: Yes
  • Total Heat Units: 6
  • Total Ranges: 6
  • Total Refrigerators: 6
  • Total Water Heaters: 6

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Orange School District
  • Elementary School: Randolph Elementary School
  • Middle School: Randolph School UHSD #2
  • High School: Randolph UHSD #2
  • Elementary School: Randolph Elementary School
  • High School: Randolph UHSD #2

Lot Info

  • Lot Sq Ft: 7405
  • Lot Acres: 0.17
  • Lot Description: Level, Neighbor Business, Rental Complex
  • Surveyed: Unknown
  • Zoning: CB
  • Deed Book: 69
  • Deed Page: 370
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 61800
  • Net Income: 34245
  • Total Full Baths: 6
  • Total Units: 6
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 6017.44
  • Tax Year: 2017

MLS Schools

  • School District: Orange School District
  • School Middle Jr: Randolph School UHSD #2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $225,000 -11.8% $40 / Sq Ft
11/19/2018 11/19/18 Pending -- -- --
11/19/2018 11/19/18 For Sale $255,000 +13.3% $45 / Sq Ft
11/06/2018 11/06/18 Off Market $225,000 -- --
10/08/2018 10/08/18 For Sale $255,000 0.0% $45 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $255,000 -- $45 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Paul H Rea

    Seller's Agent in 2018

    Paul H Rea

    Rural Vermont Real Estate

    (802) 728-6200

    72 in this area

    130 Total Sales

    Paul H Rea
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Map

Source: PrimeMLS

MLS Number: 4698178

PrimeMLS

APN: (159) 242001000

Vermont Orange County Randolph 05060

4 Railroad St, Randolph, VT

This home is located at 4 Railroad St, Randolph, VT 05060 since 05 June 2018. This property was built in 1900. 4 Railroad St is a home located in Orange County with nearby schools including Randolph Elementary School, Randolph Union High School, and Justin Morgan Christian School.

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