Properties Near 855 North Street Brandon, VT

Rarely available turnkey triplex , 3x 2br/1ba, located in the vibrant artisan Town of Brandon known for its historic architecture, thriving arts scene, and central location. Experience the perfect blend of investment potential and small-town charm with this well managed and updated triplex. The property is listed at a ~11% Cap Rate at current annualized NOI of $43,000, offering immediate and robust returns in addition to strong upside from undermarket rents and rent growth. Perfect for a high cash flow addition to your portfolio, or a "house hack" where you live in one unit for free while the other two cover your mortgage and expenses. Each unit has been tastefully updated, and features its own washer/dryer. A rare amenity. Residents pay all their own utilities. The backyard is over an acre and features a detached garage/barn, which can rented for additional income. Additional land on the parcel can be developed to provide more housing, and the town is supportive. Situated in a town celebrated for its walkability, local galleries, and community events, this property benefits from Brandon’s growing reputation as a destination for both residents and visitors alike. Reach out for the listing package, financials and walk-through videos!

Whether you're looking for your first home with income potential or your next investment property, this versatile Brandon property offers plenty of opportunity to build equity. Live in one apartment while the rental income from the second helps offset your mortgage, or lease both units and add a solid income-producing property to your portfolio. Currently configured as two apartments separated by an enormous garage and storage area, the layout offers flexibility for a variety of uses. The front apartment features one-level living with a spacious open kitchen, living and dining area, a bedroom, den, walk-in shower, washer and dryer, and a mini-split system for efficient heating and cooling. The second apartment includes a generous kitchen, large living room, two bedrooms, and a new wall furnace is being installed. Set on more than two acres, the property offers room to explore future possibilities, including potential additional development, subject to local approvals. The building's exact age is unknown, with 1950 used as a placeholder in public records. Located in the vibrant town of Brandon, you'll enjoy the convenience of nearby shops, cafés, restaurants, a grocery store, pharmacy, schools, and beautiful public green spaces. Outdoor recreation is never far away, with the Neshobe River, hiking and biking trails, and the Neshobe Golf Club all close by. Whether you're looking for an affordable path to homeownership, a property that generates income from day one, or a project with long-term upside, this is a chance to invest in your future while enjoying everything Brandon has to offer.