Turn-Key 6-Unit Multifamily
16 School Street Brattleboro, VT 05301
16 School Street, Brattleboro, VT, 05301
$499,000
For Sale
$499,000
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 Market49
Property Features for 16 School Street
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1900
Listing agency
Exp Realty
(603) 547-0852
Listed by
Kate Barry
(603) 547-0852
Source
Threehillsres
Added: Jun 3 Updated: Jul 10 at 1:49PM Checked: Jul 20 at 3:30AM
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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
Location Intelligence
Current Use by Public Records
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FAQs
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
