16 School ST, Brattleboro, VT 05301
16 School ST, Brattleboro, VT 05301
16 School ST, Brattleboro, VT 05301
4
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Listed by Kate Barry • EXP Realty • Phone: 603-547-0852
$540,000
Est. payment /mo
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12 Beds
6 Baths
6,000 SqFt
Active

16 School ST Brattleboro, VT 05301

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Molly Smith

Molly Smith

+1(508) 980-9042

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $90

MLS Listing ID 5092212

Bedrooms 12

Full Baths 6

Construction Status Existing

Year Built 1900

Annual Tax Amount $9,039

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

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.

Location

State VT

County Vt-windham

Area Vt-Windham

Zoning Res

Rooms

Basement Entrance Interior

Basement Full, Unfinished

Interior

Cooling None

Exterior

Utilities Available Cable

Roof Type Asphalt Shingle,Metal

Building

Story 3

Sewer Public

Architectural Style Apartment Building

Construction Status Existing

Schools

Elementary Schools Brattleboro Elem Schools

Middle Schools Brattleboro Area Middle School

High Schools Brattleboro High School

School District Brattleboro School District

PrimeMLS

NEARBY SCHOOL & BUSINESS

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Molly Smith

Molly Smith

Agent

+1(508) 980-9042

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16 School ST

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