29 Canal St

brattleboro, VT 05301

$745,000

    INTERESTED? LET'S CONNECT

    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.

    Details

    3,920 Sq Ft Exterior Space

    Investment

    Built in 1900

    MLS/Listing ID 5037977

    8 Units

    Amenities & Features

    Heating - Oil

    Stone

    Construction - Wood Frame

    Membrane

    Listing Courtesy of 3GEN REAL ESTATE INC, MICHAEL GILMAN - 802-227-7327

    PRIME

    Source of Data: PRIMEMLS

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