Listing Courtesy of:
EXP Realty
Agency Contact: Phone: 603-547-0852
Associate Name: Kate Barry
Attention Investors & 1031 Exchange Buyers! A premier, turn-key investment opportunity is now available in the high-demand Brattleboro rental market. Offered at $540,000, this massive, stately 6-unit multifamily building delivers immediate, fully stabilized cash flow from day one. With a robust gross monthly income of $7,675 and an outstanding gross annual income of $92,100, this property is a proven portfolio foundational asset. The property features a rock-solid financial track record with an annual net operating income (NOI) of $33,756.41, representing an exceptional 6.25% un-leveraged Cap Rate and a highly competitive 5.86 Gross Rent Multiplier (GRM). All 6 units are currently fully occupied by seasoned tenants, with all security deposits transferring securely to the new owner at closing. The asset stands out for its exceptional location and structural layout. Situated in a prime, highly walkable in-town location, it sits just minutes from vibrant downtown Brattleboro shops, dining, transit, and major local employers?positioning this building for historically near-zero vacancy rates. Operationally, the building runs like a well-oiled machine. Streamlined infrastructure is already in place with separate tenant communications and established, reliable local vendor accounts (including Dead River for fuel delivery, Mastaler Cleaning for common area upkeep, and Goodenough for weekly trash service). The structural footprint includes a solid brick facade, convenient off-street parking for multiple tenant vehicles, a secure consolidated front porch mailbox station, and coded keyless entry to the basement utility area. Whether you are seeking to execute a strict tax-deferred exchange or expand your passive income portfolio, this stabilized multifamily building offers predictable yields with clear operational upside to push rents over time. Financial disclosures and itemized expense sheets are ready for review.
Listed By
Agency Name: EXP Realty
Agency Contact: Phone: 603-547-0852
Agent Name: Kate Barry
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
Choose a date and time to see 16 School Street, Brattleboro, VT 05301.
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Estimated Payment
$ 2,112.56 per month $1,201.81 Principal & Interest $753.25 Property Tax $157.50 Homeowner's Insurance
16 School Street | MLS# 5092212
This multi-family property located at 16 School Street, Brattleboro, VT 05301 is currently listed for sale with an asking price of $540,000. School Street is located within the Brattleboro school district. Search Brattleboro real estate on www.masiellogrouprealestate.com today.