$725,000
PENDING $20K PRICE DROP

29 Canal St Brattleboro, VT 05301

Estimated payment $4,538/month

Total Views 30,386
18 Beds
8 Baths
4,932 Sq Ft
$147 Price per Sq Ft

About This Home

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 and rates. This allows an investor to realize returns from cash-flow vs speculation. Please reach out to the listing broker for up to date Offering Memorandum package.

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.

Listing Agent

Michael Gilman

3GEN Real Estate Inc License #081.0134330 Listed on: 04/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,106

Year Built

  • Built in 1900

Parking

  • Gravel Driveway

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing

Interior Spaces

  • Property has 3 Levels
  • Basement
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 8 Bathrooms

Additional Features

  • 3,920 Sq Ft Lot
  • Cable TV Available

Community Details

  • 8 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,106

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Seasonal: Unknown
  • Property Type: Residential Income
  • Year Built: 1900
  • Display On Internet: Cable Internet
  • Architectural Style: Multi-Family
  • ResoLotFeatures: In Town
  • Road Frontage Type: Public Maintained Road
  • MLS Status: (30) Under Contract - Pending
  • Above Grade Finished Sq Ft: 4932.0
  • Unit Levels: 3
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Interior
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 18
  • Basement: Unfinished
  • Basement YN: Yes

Exterior Features

  • Driveway: Gravel
  • Roof: Membrane
  • Construction Type: Wood Frame
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No

Utilities

  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Heating: Oil
  • Cooling: None
  • Utilities: Cable
  • Water Source: Public

Lot Info

  • Surveyed: Unknown
  • Zoning: MU
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8105.64

Multi Family

  • Number Of Units Total: 8

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Pending -- -- --
06/25/2025 06/25/25 Price Changed $725,000 -2.7% $147 / Sq Ft
04/25/2025 04/25/25 For Sale $745,000 -- $151 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5037977

PrimeMLS