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 and rates. This allows an investor to realize returns from cash-flow vs speculation. Please reach out to the listing broker for up to date Offering Memorandum package. 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.
Closed
Listed by:
Michael Gilman,
3GEN Real Estate Inc 802-227-7327
Bought with: A Non PrimeMLS Agency
$714,000
29 Canal Street, Brattleboro, VT 05301
18beds
8baths
4,932sqft
Multi Family
Built in 1900
-- sqft lot
$714,300 Zestimate®
$145/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 30, 2025 at 05:04pm
Listed by:
Michael Gilman,
3GEN Real Estate Inc 802-227-7327
Bought with:
None - no buyer representation
A Non PrimeMLS Agency
Source: PrimeMLS,MLS#: 5037977
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
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel
Features
- Levels: 3
- Frontage length: Road frontage: 63
Lot
- Size: 3,920 sqft
- 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
Community & neighborhood
Location
- Region: Brattleboro