238 Marlboro Rd Brattleboro, VT 05301
6
Beds
--
Bath
2,880
Sq Ft
0.37
Acres
Highlights
- High Speed Internet
- Wood Siding
- Mini Split Air Conditioners
- Level Lot
About This Home
As of June 2025This 6-unit fully-leased and cashflowing property is in great condition. With gross rents of $66,000, expenses (including property taxes) of $14,538, and net income of $51,462, this investment property shows a 12.1% cap rate. 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 12% 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. Nice turn key building that doesn't need anything to start earning money. See it today.
Last Agent to Sell the Property
BHG Masiello Brattleboro License #081.0004512 Listed on: 04/02/2025
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $7,591
Year Built
- Built in 1970
Lot Details
- 0.37 Acre Lot
- Level Lot
Parking
- Gravel Driveway
Home Design
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- 6 Bedrooms
- Property has 2.5 Levels
- Finished Basement
- Walk-Out Basement
Utilities
- Mini Split Air Conditioners
- Mini Split Heat Pump
- Heating System Uses Gas
- Individual Controls for Heating
- High Speed Internet
- Cable TV Available
Community Details
Overview
- 6 Units
Building Details
- 6 Leased Units
- Gross Income $66,000
- Net Operating Income $51,462
Similar Homes in Brattleboro, VT
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | $420,000 | -1.2% | $146 / Sq Ft |
| 04/02/2025 04/02/25 | For Sale | $425,000 | +16.4% | $148 / Sq Ft |
| 04/29/2022 04/29/22 | Sold | $365,000 | 0.0% | $211 / Sq Ft |
| 02/04/2022 02/04/22 | Pending | -- | -- | -- |
| 01/14/2022 01/14/22 | For Sale | $365,000 | 0.0% | $211 / Sq Ft |
| 01/14/2022 01/14/22 | Price Changed | $365,000 | 0.0% | $211 / Sq Ft |
| 07/11/2021 07/11/21 | Off Market | $365,000 | -- | -- |
| 01/27/2021 01/27/21 | For Sale | $370,000 | +68.2% | $214 / Sq Ft |
| 06/03/2015 06/03/15 | Sold | $220,000 | -6.4% | $127 / Sq Ft |
| 04/20/2015 04/20/15 | Pending | -- | -- | -- |
| 03/30/2015 03/30/15 | For Sale | $235,000 | -- | $136 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
S
Seller's Agent in 2025
Steve Schoppmeyer
BHG Masiello Brattleboro
-
C
Buyer's Agent in 2025
Chelsea Richardson
Barrett and Valley Associates Inc.
-
C
Seller's Agent in 2022
Christine Lewis
Brattleboro Area Realty
-
K
Seller's Agent in 2015
Kristen Ziter Taylor
Brattleboro Area Realty
-
R
Buyer's Agent in 2015
Robert Hinrichs
Berkley & Veller Greenwood Country
Map
Source: PrimeMLS
MLS Number: 5034591
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