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

Source of Data: PRIMEMLS