Brattleboro, VT | 29 Canal Street

$725,000
MLS#: 5037977
8
# of Units
4,932
Total Sq. Feet
0.09
Acres
$8,106
Taxes
1 of 26

General Property Information

Price:
$725,000
County:
VT-Windham
Acres:
0.09
Property Type:
Multi-Family
Property Status:
Active
# of Units:
8
Agency/Brokerage:
Michael Gilman
3GEN Real Estate Inc

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.

Features

Property Type:
Multi-Family
# of Units:8
Subdivision Name:
Year Built:
1900
Parking:
Road Frontage:
63
Acres:0.09
Gross Income:
0
Annual Expenses:
0
# of Gas Meters:
# of Electric Meters:
0
Sq Ft (Above Ground):
4932
Sq Ft (Below Ground):
0
Total Sq Ft:
4932
Land Description:In Town
Elementary School:
Middle School:
High School:
Financing Details:
Documents Available:

Unit Information

Unit 1

#Rooms:
0
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
1150.00

Unit 2

#Rooms:
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
1000.00

Unit 3

#Rooms:
#Bedrooms:
#Baths:
1
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
1450.00

Unit 4

#Rooms:
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
Floor:
Unit Style:
Monthly Rent:
1300.00

Unit 5

#Rooms:
#Bedrooms:
3
#Baths:
1
Sq. Ft.:
Floor:
Unit Style:
Monthly Rent:
1450.00

Unit 6

#Rooms:
#Bedrooms:
3
#Baths:
1
Sq. Ft.:
Floor:
Unit Style:
Monthly Rent:
1950.00

Unit 7

#Rooms:
#Bedrooms:
3
#Baths:
1
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
1950.00

Unit 8

#Rooms:
0
#Bedrooms:
3
#Baths:
1
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
1650.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2025-04-25
Last Updated:

Morrisville Office

Laurel Houle

(P) 802.888.1102
(F) 802.888.1106
email

Ask About this Property
Your Name:


Your Email Address:


Message: