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Courtesy of Michael Gilman of 3GEN Real Estate Inc: .

29 Canal Street

Brattleboro, VT 05301
  • $745,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 5037977
UPDATED: 84 min ago
$745,000
  • 18
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,932
    SQFT
  • $151
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Description

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.

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© Copyright 2025 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-05-24T21:05:50.21.
www.livingvermont.com/homes/162978482
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29 Canal Street Brattleboro, VT 05301

  • Price: $745,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 84 min ago
  • MLS #: 5037977
18
Beds
0
Baths
0
½ Baths
0.09
Acres
4,932
SQFT
$151
$/SQFT
1900
Built
County:
Windham
Area:
Brattleboro
Property Description
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.
Exterior Features

Architectural Style Multi-Family Construction Materials Wood Frame Driveway Gravel Has Garage No Lot Features In Town Road Frontage Yes Road Frontage Length 63 Roof Membrane

Interior Features

Basement Access Type Interior Basement Description Unfinished Cooling None Foundation Stone Has Basement Yes Heating Oil Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1 Unit5 Baths 1 Unit6 Baths 1 Unit7 Baths 1 Unit8 Baths 1

Property Features

Construction Status Existing Electric 200 Amp Flood Zone No Foreclosed / Bank Owned / REO No Pre Construction No Road Frontage Type Public Maintained Road Seasonal Unknown Sewer Public Tax Gross Amount 8105.64 Tax Year 2024 Taxes Tbd No Total1 Bed Units 2 Total2 Bed Units 2 Total3 Plus Bed Units 4 Unit1 Rental Amount 1150 Unit2 Rental Amount 1000 Unit3 Rental Amount 1450 Unit4 Rental Amount 1300 Unit5 Rental Amount 1450 Unit6 Rental Amount 1950 Unit7 Rental Amount 1950 Unit8 Rental Amount 1650 Utilities Cable Water Source Public Zoning MU

Courtesy of Michael Gilman of 3GEN Real Estate Inc: .


© Copyright 2025 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-05-24T21:05:50.21.
 
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