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 10%+ 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!
Well-located mixed-use investment property along the Route 7 corridor, equidistant between Middlebury and Rutland and just minutes from downtown Brandon. The main building features a street-level commercial space currently operating as a successful yoga/pilates studio (with specialized heating for hot yoga), offering excellent visibility and ample on-site parking. Residential components include a two-bedroom apartment (7 total rooms) in the main building and a detached garage with a one-bedroom studio apartment above, providing multiple income streams and flexible use options. The property offers sunset views and a peaceful setting with a cemetery across the street, while remaining conveniently close to Brandon’s shops, dining, and community amenities. Ideal for investors seeking a combination of commercial and residential income in a central Vermont location or an owner-occupied property with help carrying the costs by supplementing with rental income. Maybe you're looking for a recreational get-away? A property that allows you a home-away-from-home with easy access to places like Killington/Pico, Okemo, Stowe, Rikert Touring Center or miles of paved and gravel roads nearby for biking and plenty of peaks to climb! Room and bathroom counts, as well as square footage totals on this listing are for all three units. Main Apt: 2 bedrooms (one is on main floor) and an office with a closet, 3/4 bath, full bath, kitchen, living, dining and family room. Studio: studio space, body work room, entry, changing rooms, shower stall is separate from the 1/2 bath. Garage studio apt above 2 bay heated garage: kitchen, living area, bedroom area and 3/4 bath. Rents are currently below fair market rent but the residential tenants will be moving soon so there is opportunity to increase cash flow.
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