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Located at 16 School Street, Brattleboro, Vermont 05301, this Multi Family is for Sale with a price of $540,000 USD. The property was built in 1900,. This listing has 6,000 Sq.Ft. of interior space on a lot of .13 Acres. See all Homes for Sale in Brattleboro.

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1. 16 School Street
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Description

16 School Street,

Brattleboro, VT 05301

Listing Courtesy of Kate Barry, EXP Realty


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 employerspositioning 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.

Data provided by : PRIME MLS

Email/Phone : 603-547-0852

Amenities

  • Historic

PROPERTY

  • Electric
    100 Amp Service
  • School District
    Brattleboro School District
  • Middle Jr School
    Brattleboro Area Middle School
  • Elementary School
    Brattleboro Elem Schools
  • Sewer
    Public
  • Utilities
    Cable
  • Water Source
    Public
  • Waterfront Features
    No

EXTERIOR

  • Architectural Style
    Apartment Building
  • Construction Materials
    Wood Frame
    Brick Exterior
  • Garage
    No
  • Lot Features
    City Lot
    Level
  • Lot Size Square Feet
    5663
  • Lot Size Acres
    0.13
  • Roof
    Metal
    Asphalt Shingle

INTERIOR

  • Above Grade Finished Area
    6000
  • Below Grade Finished Area
    0
  • Total Finished Area
    6000
  • Above Grade Unfinished Area
    0
  • Below Grade Unfinished Area
    2000
  • Building Area Total
    8000
  • Basement
    Yes
  • Heating
    Oil
    Hot Water
$540,000
price
Multi Family
Property type
Available
market status
Windham Southeast Supervisory Union
School District
Brattleboro Elem Schools
Elementary
Brattleboro Area Middle School
Middle
Brattleboro High School
High
5092212
MLS ID
1900
Year Built
1
Days Posted
6,000 Sq Ft.
interior
0.13 Acres
Exterior
New Listing

16 school street
Brattleboro, VT 05301

$540,000