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Pending
  • Listed by: 

    Michael Gilman,

    3GEN Real Estate Inc 802-227-7327

    $350,000

    99 Clark Street, Brattleboro, VT 05301

    6beds
    4baths
    2,736sqft
    : 
    Multi Family
    Built in 1890
    -- sqft lot
    $346,800 Zestimate®
    $128/sqft
    $-- HOA

    What's special

    High cash flow well maintained 4plex located in quaint Brattleboro neighborhood within proximity to the vibrant downtown, listed at a deep-value 11% cap rate. This 100% occupied building has 2x 2br and 2x1br, and a net operating income of ~38K with significant upside based on rents over 20% below market. A new owner can step into to yield over a 15% cash on cash return starting year 1, and build wealth through high cash-flow vs speculation. Rents can be brought to market to achieve north of a 25% cash on cash (see proforma in OM). In addition to enjoying the tremendous cash flow, there is also significant upside to acquire a high quality stabilized 4plex with value-add from growing rents to market, ahead of the investment and resurgence going on in vibrant and desirable Brattleboro. The property is available as a package with other buildings in Brattleboro and in nearby towns for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property.
    39 days
    on Zillow
    |
    227
    |
    13
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 03, 2025 at 07:26am

    Listed by:

    Michael Gilman,

    3GEN Real Estate Inc 802-227-7327

    Source: PrimeMLS,MLS#: 5032524MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Oil
    Cooling
    • None
    Features
    • Basement: Unfinished,Walk-Out Access
    Interior area
    • Total structure area: 4,098
    • Total interior livable area: 2,736 sqft
    • Finished area above ground: 2,736

    Property

    Parking
    • Parking features: Gravel
    Features
    • Levels: Two
    • Frontage length: Road frontage: 131
    Lot
    • Size: 3,920.4 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 8102514435
    • Zoning description: RM

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Stone
    • Roof: Slate
    Condition
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Electric: On-Site
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable, Internet - Cable

    Community & HOA

    Location
    • Region: Brattleboro

    Financial & listing details

    • Price per square foot: $128/sqft
    • Tax assessed value: $129,510
    • Annual tax amount: $4,204
    • Date on market: 3/18/2025
    • Electric utility on property: Yes
    • Road surface type: Paved
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