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    Residential Income Home with Studio Title is generated by Realmo AI

    16 Washington Street, Brattleboro, VT 05301

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    For Sale
    $325,000

    MULTI_FAMILY - Other - Brattleboro, VT

    Property size:
    2,209 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $147/SF
    Added:
    Dec 18, 2024
    Days on Market:
    533
    Last Refresh:
    Jun 4 at 8:06 am

    Property Features for 16 Washington Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    res
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Basement, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3
    Parking features
    Driveway
    Patio and Porch features
    Porch
    Exterior features
    Partial Fence, Garden Space, Natural Shade, Porch
    Fencing
    Partial
    Standard status
    Active
    Size
    2,209 SF
    Lot size
    0.21 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    5403

    Utilities

    Utilities
    Propane
    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1892
    Floors in Building
    3
    Number of units
    2
    Flooring type
    Vinyl, Carpet, Wood
    Building materials
    Concrete Exterior
    Roof type
    Slate
    Architectural style
    Other

    We can help!

    Listing Contact
    Rebecca Seymour

    Listing agent Rebecca Seymour

    Listing office Brattleboro Area Realty 402 Canal St., Brattleboro, VT

    Listing date Dec 18, 2024

    MLS# 5024829 Listing URL

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • In‑town home built in 1892 with slate roof and concrete exterior
    • Original interior details including woodwork, bulls‑eye trim, an elegant staircase with two stained‑glass windows, and wood floors
    • Two furnaces and two oil tanks—one set for the first floor and one set for the second floor—plus a propane wall unit for the third floor
    • Layout includes a full bathroom on each floor with multiple bedrooms (Bedroom 1–4) and a basement
    • Additional room on the second floor has a separate entrance for office use, and the third floor offers in‑law potential with a one‑bedroom studio apartment
    • Includes driveway parking, porch, partial fencing, and garden space

    Overview

    Located at 16 Washington Street in Brattleboro, VT, this in-town residential income property offers a flexible, multi-level layout with multiple bathrooms throughout. The home retains original character elements including woodwork, bulls eye trim on the doors, an elegant staircase with two stained glass windows, and wood flooring. The first floor includes a bedroom option and a full bathroom, and there is a full bathroom on each of the second and third floors.

    The second floor provides three additional bedrooms and a bathroom, plus an extra room with a separate entrance that could serve as an office or other workspace. The third floor offers in-law potential with a one-bedroom studio apartment. Heating is supported by two furnaces and two oil tanks (one for the first floor and one for the second floor), along with a propane wall unit for the third floor.

    For buyers and owner-occupants, the property’s separate entrances and bathroom distribution create practical options for multi-generational living or mixed-use flexibility between private living space and a potentially distinct office setup. With zoning listed as residential and convenient access to downtown Brattleboro, schools, and the hospital, it may fit households seeking proximity to everyday amenities while maintaining additional space for changing needs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brattleboro
    County
    Windham
    State
    Vermont
    Longitude
    -72.557272
    Latitude
    42.845539

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    FAQs

    What type of property is this?
    Duplex - In-town Brattleboro home with multiple floors, including a separate-entry second-floor room and a third-floor one-bedroom studio.
    Where is this duplex located?
    The property is located at 16 Washington Street Brattleboro, VT.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: In‑town home built in 1892 with slate roof and concrete exterior; Original interior details including woodwork, bulls‑eye trim, an elegant staircase with two stained‑glass windows, and wood floors; Two furnaces and two oil tanks—one set for the first floor and one set for the second floor—plus a propane wall unit for the third floor
    (802) 257-1335
    We can help!
    Listing Contact
    Rebecca Seymour
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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