Brattleboro Multifamily Project
For Sale
$375,000
33 Oak Street, Brattleboro, VT 05301
Multi-family project with approved zoning and architect plans included.
Property Size4,116 SF
Lot Size0.40 Acres
Price / SF$91.11
Days on Market163
Property Features for 33 Oak Street
General Information
Standard status
Active
Size
4,116 SF
Lot size
0.40 Acres
Property subtype
Multi-Family
Zoning
RM / M
Taxes and HOA fees
Annual Taxes
$11,956
Building Details
Year Built
1860
Stories
3
Listing Agency:
EXP Realty
(802) 733-6015
Listed By:
Kate Barry
(603) 547-0852
Source:
Churchillprop
Added: May 8
Changed: Oct 10
Last Checked: Oct 16 at 7:28AM
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
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Investment Insights
Based on property information with market context.
This is a rare opportunity to take over a multi-family project in the heart of Brattleboro. The 0.40-acre site features a vacant three-story building that has already been gutted and fully remediated for lead paint. With town zoning already approved to expand from 8 to 13 units and full architect plans included, the heavy lifting and permitting phase is already behind you. Upon completion, the complex will offer roughly 11,183 square feet of high-demand housing. The sale includes access to VHIP funds: $130,000 for the 8 original units and $187,500 for the 5 new units. Additionally, there is a $125,000 Downtown State Tax Credit that can be used directly or sold to a bank at 90% face value, plus an estimated $60,000 in weatherization incentives. A recent appraisal supports a strong finished value, offering a clear path to equity for an investor. Located in a neighborhood with high rental demand and a low vacancy rate, this property is in an ideal location and could also be renovated one stage at a time so that units could go live and start generating cash flow. The entire community wants to see this building come alive again with residents. This is truly the opportunity to take the worst house in the best neighborhood and turn it into affordable housing that generates a positive return. The property is located in Brattleboro. The bike score is 31, indicating it is somewhat bikeable, and the walk score is 43, indicating it is car-dependent.
Key Highlights
- Town zoning approved for expansion to 13 units with included architect plans.
- Significant financial incentives available, including VHIP funds, a Downtown State Tax Credit, and weatherization incentives.
- Property is fully remediated for lead paint and already gutted.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,090
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Multi-family project with approved zoning and architect plans included.
Where is this apartment building located?
The property is located at 33 Oak Street Brattleboro, VT.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Town zoning approved for expansion to 13 units with included architect plans.; Significant financial incentives available, including VHIP funds, a Downtown State Tax Credit, and weatherization incentives.; Property is fully remediated for lead paint and already gutted.
