Brandon Vermont Real Estate

This multi-family home in Brandon village offers a versatile living arrangement with two separate spacious rental units. The first floor features a grand living room with adjacent dining room. The property boasts a spacious three season front porch measuring 35’ by 8’5, which features a marble floor and natural wood ceiling, making it a welcoming space for relaxation and entertaining. If someone brought this property back to a one family home they would have an impressive property! And leaving it as a two family you would be successful as the current owners have experienced. Additionally, the home includes a garage and an adjacent barn, providing plenty of storage or workspace options. The backyard offers a nice grassy shaded area and full sun most of the day too. Conveniently located within walking distance to all the amenities Brandon has to offer. To be precise 0.2 miles to town center with all the restaurants, shops, bakery, galleries, brew pub, weekly summer concert series & year round events at the town hall. Recreation is at your doorstep with the National Forest miles away along with Moosalamoo Ntn’l Recreation Area, Lake Dunmore & Fern Lake, Killington & Pico Ski Resorts & the Neshobe Golf Club. Easy commute to Middlebury & Rutland. This property offers comfort & convenience!

Welcome to Franklin St in the heart of Brandon! This is a very large property that offers a great opportunity to occupy or add to your portfolio. If occupying with 10% down it is estimated that your cost would be just over $2k/month at current rates to live in the large four bedroom two bathroom unit off the back of the building. that includes taxes, insurance water, sewer, plowing, and rubbish removal. When/if interest rates fall to 5% you could live in this gorgeous 1900 square-foot plus unit for less than 1500/month. The other two units rented at $1,650 can help to offset your monthly payments. For the investor, you could see an annual return around 11% at current rates and about 23% when interest rates go to 5%. This property offers 3 nicely appointed units. The 2nd floor of this unit has the remaining bedrooms and second bathroom. All rooms are well sized and offer plenty of space. You can also enjoy the deck off the back to enjoy relaxing and making meals outside. The second unit located on the first floor is a three bedroom and one bathroom that is currently rented. The third upstairs unit has been recently updated with new kitchen cabinets and countertops offers two large bedrooms and one bathroom. The tenants pay all utilities helping to keep operating costs low. The property also has a large outbuilding for storage. The tenants have storage access to part of the building and an owner can utilize the rest for a shop or storage. Connect with your local agent today!

Rare opportunity to own one of the larger buildings in the charming artisan town of Brandon VT. This high cashflow turnkey 10 unit property is being sold at a 10% cap, with an annualized NOI north of $80K, and consists of a 8plex (8x1br) and Duplex (2x2br) on one tax lot. The property is projected to yield over a 12% annual cash on cash return at current financing rates, and significant upside at sale. Situated on secluded lot away from the main road, with ample parking and outdoor space for residents to enjoy, the property rents quick when there is a rare vacancy. There is also significant upside on rents based on existing and legacy leases per rent roll. Additional value can be added by subdividing the lots and selling the properties individually at exit. Units and buildings have been meticulously cared for and renovated, and held under the same ownership for a decade. A new owner can step in to enjoy the high cash flow and low maintenance expenses The duplex in the back of the property has been fully gut renovated, and the larger 8plex has had updates and renovations across most units. This low maintenance and energy efficient property features its own well and septic, as well as individualized propane heaters per unit - keeping annual costs lower than the average multifamily. Please download the OM for more information. Property is available as a package with other buildings across VT for a buyer looking for a larger portfolio. Listing Broker owns the property.