Brattleboro, VT | 29 Canal Street

$745,000
MLS#: 5037977
8
# of Units
4,932
Total Sq. Feet
0.09
Acres
$8,106
Taxes
1 of 26

General Property Information

Price:
$745,000
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. This allows an investor to realize returns from cash-flow vs speculation. 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

Nancy Pritchard

(P) 808.888.1102
(F) 802.888.1106
email

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