Peak Property Group Vermont Real Estate

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$745,000
13 Days On Site

29 Canal Street
Brattleboro, VT 05301

For Sale|Multi Family|Active
18
Beds
0
Full Baths
0
Partial Baths
4,932
SqFt
$151
/SqFt
1900
Built
County:
VT-Windham
Listing courtesy of Michael Gilman of 3GEN Real Estate Inc

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29 Canal Street29 Canal Street29 Canal Street29 Canal Street
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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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Listing Snapshot
Price 
$745,000
Days On Site 
13 Days
Bedrooms 
18
Inside Area (SqFt) 
4,932 sqft
Total Baths 
8
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.09 Acres
Year Built 
1900
MLS® Number 
5037977
Status 
Active
Property Tax 
$8,105.64
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.09
Number Of Stories 
3
Parking 
Gravel
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
4932
SqFt Total 
6576
Style 
Multi-Family
Utilities 
Cable Available
Water Source 
Public
Zoning 
MU
Interior Features
Basement 
FinishedUnfinished
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Listing courtesy of Michael Gilman of 3GEN Real Estate Inc



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Last checked: 2025-05-09 11:36 AM UTC
Neighborhood & Commute
Source: Walkscore
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