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6-Unit Brick Apartment Building
For Sale
$540,000

16 School St, Brattleboro, VT 05301

Fully occupied building with off-street parking, coded basement access, and consolidated mailbox service.

Property Size6,000 SF
Price / SF$90
Days on Market90

Property Features for 16 School St

General Information

Standard status Active
Size 6,000 SF
Property subtype Residential Income
Occupancy 100%
Net Operating Income $33,756

Financials

Asking Price $540,000
Cap Rate 6.25%
Gross Income $92,100
Gross Rent Multiplier 5.86

Additional Details

Public Transit Yes
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $9,039

Amenities

off-street parking
consolidated front porch mailbox station
coded keyless entry to basement utility area

Building Details

Buildings 1
Construction brick
Tenancy Multi
Listing Agency: EXP Realty
Listed By: Kate Barry
Source: Exprealty
Added: Jun 2 Changed: Aug 29 Last Checked: Jul 9 at 1:57AM

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 6-unit apartment building at 16 School St in Brattleboro includes approximately 6,000 square feet and dates to 1900. The property has a brick facade, off-street parking for multiple tenant vehicles, a consolidated front-porch mailbox station, and coded keyless entry to the basement utility area. Separate tenant communications and established local vendor relationships support ongoing operations.

All 6 units are occupied, with security deposits transferring to the new owner at closing. The property is positioned in an in-town setting near downtown Brattleboro shops, dining, transit, and local employers. Reported operating metrics include a 6.25% un-leveraged Cap Rate and a 5.86 GRM.

Key Highlights

  • 6‑unit apartment building with approximately 6,000 square feet
  • All 6 units currently occupied
  • Brick facade with off‑street parking for multiple tenant vehicles

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Plumbing Service Barber Shop Locksmith Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,146
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied building with off-street parking, coded basement access, and consolidated mailbox service.
Where is this apartment building located?
The property is located at 16 School St Brattleboro, VT.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 6‑unit apartment building with approximately 6,000 square feet; All 6 units currently occupied; Brick facade with off‑street parking for multiple tenant vehicles
More about this property
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