Do Real Estate on the Go!
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Listed by: Kate Barry | EXP Realty (833) 388-2480
$499,000
-- Bed
- -- Bath
6,000sqft
16 School St, Brattleboro, VT 05301
$499,000
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Multi Family
Built in 1900
$-- HOA
5,663 sqft lot
$83/sq.ft
Description
Attention Investors & 1031 Exchange Buyers! A premier, turn-key investment opportunity is now available in the high-demand Brattleboro rental market. Offered at $540,000, this massive, stately 6-unit multifamily building delivers immediate, fully stabilized cash flow from day one. With a robust gross monthly income of $7,675 and an outstanding gross annual income of $92,100, this property is a proven portfolio foundational asset. The property features a rock-solid financial track record with an annual net operating income (NOI) of $33,756.41, representing an exceptional 6.25% un-leveraged Cap Rate and a highly competitive 5.86 Gross Rent Multiplier (GRM). All 6 units are...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
6,000 sqft
Lot Size
5,663 sqft lot
Basement Area
- sqft
MLS Name
NEREN/Prime MLS
MLS Number
5092212
MLS Status
(10) Active - Active
Days on Market
43
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