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  • Listed by: 

    Michael Gilman,

    3GEN Real Estate Inc 802-227-7327

    $745,000

    29 Canal Street, Brattleboro, VT 05301

    18beds
    8baths
    4,932sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $724,900 Zestimate®
    $151/sqft
    $-- HOA

    What's special

    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.
    36 days
    on Zillow
    |
    448
    |
    15
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 25, 2025 at 09:12am

    Listed by:

    Michael Gilman,

    3GEN Real Estate Inc 802-227-7327

    Source: PrimeMLS,MLS#: 5037977MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 29 Canal Street.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 8
    Heating
    • Oil
    Cooling
    • None
    Features
    • Basement: Unfinished,Interior Entry
    Interior area
    • Total structure area: 6,576
    • Total interior livable area: 4,932 sqft
    • Finished area above ground: 4,932

    Property

    Parking
    • Parking features: Gravel
    Features
    • Levels: 3
    • Frontage length: Road frontage: 63
    Lot
    • Size: 3,920.4 Square Feet
    • Features: In Town
    Details
    • Zoning description: MU

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame
    • Foundation: Stone
    • Roof: Membrane
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable, Internet - Cable

    Community & HOA

    Location
    • Region: Brattleboro

    Financial & listing details

    • Price per square foot: $151/sqft
    • Annual tax amount: $8,105
    • Date on market: 4/25/2025
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