Ignite FB Tracking Pixel29 Canal Street, Brattleboro, VT 05301 - Seacoast Homes | Coastal NH & ME & MA Real Estate
Seacoast Homes | Realtors in NH & ME & MA
Seacoast Homes | Realtors in NH & ME & MA
Seacoast Homes | Coastal NH & ME & MA Real EstatePhone: (603) 312-1221
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listing
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Listed by: Michael Gilman from 3gen Real Estate Inc, 802-227-7327
Multi-FamilyFor Sale
$745,000
29 Canal Street
Brattleboro, VT 05301
MLS: Prime MLS
4,932Sq Ft
Est. Mortgage
$3,946/mo

High cash flow 100% occupied 8 unit located in downtown Brattleboro. This property was recently renovated and is being listed at a 11% cap and an annual Net Operating Income estimated at north of ~$80K (12% cap without management fees). The property features an attractive mix of unit types and sizes including 4x rarely available oversized 3br, 2x2br and 2x1br A new owner can step into to this turnkey investment, projected to yield a ~19% cash on cash return starting year 1 based on current numbers. This allows an investor to realize returns from cash-flow vs speculation. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire a high quality stabilized 8-plex in the heart of vibrant and growing Brattleboro at an attractive valuation. The property is available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property.

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Information courtesy of 3gen Real Estate Inc is subject to verification and is not guaranteed.
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