1963 Forestdale Rd, Brandon, VT 05733

Description

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. Several acres of prime development potential as well (confirmed non wet lands)

The property is listed at a ~12% 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!