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+16033617330
REEN USA
16 School St, Brattleboro, VT 05301
- $499,000
- 6,000
- SqFt
Listing courtesy of Kate Barry from EXP Realty. (Phone: 603-547-0852)
- List Price
- $499,000
- Status
- ACTIVE
- MLS#
- 5092212
- Price Change
- ▼ $41,000 1781637090
- Living Area
- 6,000
- Lot Size
- 5,663
- Acres
- 0.13
- Year Built
- 1900
Property Description
Attention Investors & 1031 Exchange Buyers! A premier, turn-key investment opportunity is now available in the high-demand Brattleboro rental market. Offered at $540,000, this massive, stately 6-unit multifamily building delivers immediate, fully stabilized cash flow from day one. With a robust gross monthly income of $7,675 and an outstanding gross annual income of $92,100, this property is a proven portfolio foundational asset. The property features a rock-solid financial track record with an annual net operating income (NOI) of $33,756.41, representing an exceptional 6.25% un-leveraged Cap Rate and a highly competitive 5.86 Gross Rent Multiplier (GRM). All 6 units are currently fully occupied by seasoned tenants, with all security deposits transferring securely to the new owner at closing. The asset stands out for its exceptional location and structural layout. Situated in a prime, highly walkable in-town location, it sits just minutes from vibrant downtown Brattleboro shops, dining, transit, and major local employers—positioning this building for historically near-zero vacancy rates. Operationally, the building runs like a well-oiled machine. Streamlined infrastructure is already in place with separate tenant communications and established, reliable local vendor accounts (including Dead River for fuel delivery, Mastaler Cleaning for common area upkeep, and Goodenough for weekly trash service). The structural footprint includes a solid brick facade, convenient off-street parking for multiple tenant vehicles, a secure consolidated front porch mailbox station, and coded keyless entry to the basement utility area. Whether you are seeking to execute a strict tax-deferred exchange or expand your passive income portfolio, this stabilized multifamily building offers predictable yields with clear operational upside to push rents over time. Financial disclosures and itemized expense sheets are ready for review.
Additional Information
- Taxes
- $9,039
- Listing Agent
- Kate Barry
- Listing Office
- EXP Realty
- Style
- Apartment
- School District
- Brattleboro School District
- Elementary School
- Brattleboro Elem Schools
- Middle School
- Brattleboro Area Middle School
- High School
- Brattleboro High School
- Electric
- Service - 0 to 100 Amps
- Utilities
- Cable Available
- Basement
- Full, Unfinished
- Foundation
- Concrete
- Sewer
- Public Sewer
- Roof
- Metal, Asphalt
- Zoning
- Res
- Water
- Public
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Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated .