- $445,000
- MLS#: 5008281
- 6
- # of Units
- 2,880
- Total Sq. Feet
- 0.37
- Acres
- $6,871
- Taxes
1 of 18
General Property Information
- Price:
- $445,000
- County:
- VT-Windham
- Acres:
- 0.37
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 6
- Agency/Brokerage:
- Steve Schoppmeyer
BHG Masiello Keene
This 6-unit fully-leased and cashflowing property is in great condition. With stable, long-term tenants on annual leases and fully-separated utilities in 5 of the 6 units, just about everything is taken care of. Built in 1970, the property is modern and easy to maintain. Two spacious 2-bedroom units feature charming hardwood floors, while two 1-bedrooms include beautiful large picture windows and recently-installed mini splits, and two top-floor studios offer a full range of apartment options. Located just minutes away from downtown Brattleboro and all that it has to offer, where rental demand is sky-high, the property hasn't had a vacancy in years. A spacious lot allows for off-street parking for all six tenants, and nearby attractions include hiking trails, the Brattleboro farmers market, and the ski hill. Recent upgrades to the property include new propane furnaces and hot water heaters, insulation and stucco, and new bath fans and vents. At a 10% cap rate with low rents and the potential to add easily installed coin-op laundry in the common area for additional income, this would be fantastic for any investor. Expenses include projected $4450 maintenance allowance in the figures. Nice turn key building that doesn't need anything to start earning money. See it today.
Features
- Property Type:
- Multi-Family
- # of Units:6
- Subdivision Name:
- Year Built:
- 1970
- Parking:
- Road Frontage:
- 79
- Acres:0.37
- Gross Income:
- 64,620
- Annual Expenses:
- 0
- # of Gas Meters:
- 6
- # of Electric Meters:
- 6
- Sq Ft (Above Ground):
- 1728
- Sq Ft (Below Ground):
- 1152
- Total Sq Ft:
- 2880
- Land Description:Level
- Elementary School:
- Middle School:
- High School:
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 0
- #Bedrooms:
- 1
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 875.00
Unit 2
- #Rooms:
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 1000.00
Unit 3
- #Rooms:
- #Bedrooms:
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- 2
- Unit Style:
- Monthly Rent:
- 990.00
Unit 4
- #Rooms:
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- 2
- Unit Style:
- Monthly Rent:
- 990.00
Unit 5
- #Rooms:
- #Bedrooms:
- 0
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- 3
- Unit Style:
- efficiency
- Monthly Rent:
- 800.00
Unit 6
- #Rooms:
- #Bedrooms:
- 0
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- 3
- Unit Style:
- efficiency
- Monthly Rent:
- 730.00
Other Information
- List Date:
- 2024-08-04
- Last Updated:
- 2024-08-05 22:06:41
