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    Multi-Family Property with Porches Title is generated by Realmo AI

    573 S Main Street, Brattleboro, VT 05301

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    Picture of Quadplexes at 573 S Main Street, Brattleboro, VT
    For Sale
    $350,000

    MULTI_FAMILY - Other - Brattleboro, VT

    Property size:
    3,312 SF
    Lot size:
    0.65 Acres
    Price / SF:
    $105/SF
    Added:
    Sep 19, 2022
    Days on Market:
    1355
    Last Refresh:
    Jun 4 at 8:06 am

    Property Features for 573 S Main Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Res
    Bedrooms
    2
    Bathrooms
    1
    Rooms
    Bedroom 2, Basement, Bathroom 1, Bedroom 1
    Parking features
    Driveway, Off Street
    Patio and Porch features
    Porch
    Exterior features
    Natural Shade, Covered Porch
    Appliances
    Domestic Water Heater
    Standard status
    Active
    Size
    3,312 SF
    Lot size
    0.65 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    6222

    Utilities

    Utilities
    Cable Available
    Heating system
    Hot Water(Heating), Baseboard, Oil
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Combination
    Building materials
    Wood Frame, Vinyl Exterior
    Roof type
    Slate
    Architectural style
    Other

    We can help!

    Listing Contact
    Christine Lewis

    Listing agent Christine Lewis

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

    Listing date Sep 19, 2022

    MLS# 4930318 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

    • One apartment is over 1,000 SF, offering space for owner occupancy or rental use
    • Two front porches, including a covered porch and porch area for outdoor living
    • Built in 1900 with wood‑frame construction and vinyl exterior
    • Heating includes hot water (heating) with baseboard and oil fuel
    • Public water with domestic water heater; cable available
    • Slate roof with driveway and off‑street parking

    Overview

    This multi-family property offers a residential income configuration totaling 3,312 square feet, with one unit larger than 1,000 square feet. The home includes two nice front porches and is presented as a potential owner-occupant setup or an investment hold.

    Located at 573 S Main Street in Brattleboro, VT, the property is described as near Oak Grove Elementary and the middle and high school, with easy access to local school events and track/exercise areas. Interstate access is noted as only minutes away for work or travel.

    For tenants or buyers seeking a residential rental with space to live in one unit and rent the rest, the oversized apartment provides flexibility. The layout and presence of two front porches also support comfortable everyday use. The owner is a licensed appraiser and is pursuing a 1031 exchange, and showing requires 48 hours’ notice.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brattleboro
    County
    Windham
    State
    Vermont
    Longitude
    -72.5564303
    Latitude
    42.8357343

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    FAQs

    What type of property is this?
    Quadplex - Multi-family opportunity with two front porches and an over-1,000-square-foot unit suitable for owner occupancy.
    Where is this quadplex located?
    The property is located at 573 S Main Street Brattleboro, VT.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: One apartment is over 1,000 SF, offering space for owner occupancy or rental use; Two front porches, including a covered porch and porch area for outdoor living; Built in 1900 with wood‑frame construction and vinyl exterior
    (802) 257-1335
    We can help!
    Listing Contact
    Christine Lewis
    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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