Turn-Key 6-Unit Multifamily
For Sale
$499,000
16 School Street, Brattleboro, VT 05301
Fully occupied 6-unit brick multifamily with established vendor operations and off-street parking, suited for investor and 1031 strategies.
Property Size8,000 SF
Price / SF$62.38
Days on Market65
Property Features for 16 School Street
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Multi Family Home
Occupancy
100%
Financials
Cap Rate
6.25%
Business Included
Yes
Additional Details
Multifamily Units
6
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
Exp Realty
(603) 547-0852
Listed By:
Kate Barry
(603) 547-0852
Source:
Threehillsres
Added: Jun 3
Changed: Jul 10
Last Checked: Aug 6 at 6:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exp Realty
Investment Insights
Based on property information with market context.
This turn-key 6-unit multifamily building is offered as a stabilized residential income property with all units currently fully occupied. The building’s construction includes a solid brick facade, and the site provides off-street parking for multiple tenant vehicles. Tenant access and building utility areas are supported by a secure consolidated front porch mailbox station and coded keyless entry to the basement utility area. Operational infrastructure is already in place, including separate tenant communications and established local vendor accounts for fuel delivery, common area cleaning, and weekly trash service.
Located in an in-town, walkable setting in Brattleboro, the property is described as just minutes from downtown shops, dining, transit, and major local employers. The offering includes financial metrics in the materials for review, including gross monthly income of $7,675, gross annual income of $92,100, and annual net operating income (NOI) of $33,756.41.
For investors, this configuration supports a hands-on transition with security deposits transferring at closing, along with a streamlined operating setup intended to reduce near-term disruption. The current occupancy and defined operating framework make it a practical fit for buyers looking for a stabilized multifamily asset while reviewing the provided disclosures and itemized expense sheets.
Located in an in-town, walkable setting in Brattleboro, the property is described as just minutes from downtown shops, dining, transit, and major local employers. The offering includes financial metrics in the materials for review, including gross monthly income of $7,675, gross annual income of $92,100, and annual net operating income (NOI) of $33,756.41.
For investors, this configuration supports a hands-on transition with security deposits transferring at closing, along with a streamlined operating setup intended to reduce near-term disruption. The current occupancy and defined operating framework make it a practical fit for buyers looking for a stabilized multifamily asset while reviewing the provided disclosures and itemized expense sheets.
Key Highlights
- 6‑unit multifamily building built in 1900 with a solid brick facade
- All 6 units are fully occupied by tenants; security deposits transfer to the new owner at closing
- Gross monthly income of $7,675 and gross annual income of $92,100
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,146
Businesses Nearby
Explore this area
Business Placement
Demographics for 05301, VT
16,681
Population
8,487
Households
2
Avg Household Size
47
Median Age
49%
College-Educated
96%
High-School Grad
144.3 sq mi
ZIP Area
116
Density / Sq Mi
$54,599
Median Household Income
$38,847
Median Earnings
$1,057
Median Rent
$265,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied 6-unit brick multifamily with established vendor operations and off-street parking, suited for investor and 1031 strategies.
Where is this apartment building located?
The property is located at 16 School Street Brattleboro, VT.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 6‑unit multifamily building built in 1900 with a solid brick facade; All 6 units are fully occupied by tenants; security deposits transfer to the new owner at closing; Gross monthly income of $7,675 and gross annual income of $92,100
