Homes for sale - 29 Canal ST, Brattleboro, VT 05301

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Samantha Nelson

queen.nelson.realty@gmail.com +1(713) 470-8560

Listed by Michael Gilman • 3GEN Real Estate Inc

$ 725,000

Est. payment | -/mo

18 Beds

8 Baths

4,932 SqFt

Save

$ 725,000

Est. payment | -/mo

Save

18 Beds

8 Baths

4,932 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,932 sqft

Price per Sqft $146

MLS Listing ID 5037977

Bedrooms 18

Full Baths 8

Construction Status Existing

Year Built 1900

Annual Tax Amount $8,105

Tax Year 2024

Lot Size 3,920 Sqft

Acres 0.09

Property Description

High cash flow 100% occupied 8 unit located in downtown Brattleboro. This property was recently renovated and is being listed at a 11% cap and an annual Net Operating Income estimated at north of ~$80K (12% cap without management fees). The property features an attractive mix of unit types and sizes including 4x rarely available oversized 3br, 2x2br and 2x1br A new owner can step into to this turnkey investment, projected to yield a ~19% cash on cash return starting year 1 based on current numbers and rates. This allows an investor to realize returns from cash-flow vs speculation. Please reach out to the listing broker for up to date Offering Memorandum package. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire a high quality stabilized 8-plex in the heart of vibrant and growing Brattleboro at an attractive valuation. The property is available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property.

Location

State VT

County Vt-windham

Area Vt-Windham

Zoning MU

Rooms

Basement Entrance Interior

Basement Unfinished

Interior

Cooling None

Exterior

Utilities Available Cable

Roof Type Membrane

Building

Story 3

Foundation Stone

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(713) 470-8560

queen.nelson.realty@gmail.com

170 Commerce Way Unit 200, Portsmouth, New Hampshire, 03801, USA

29 Canal ST Brattleboro, VT 05301