NOT LISTED FOR SALE
8 Beds
5 Baths
3,500 Sq Ft
0.37 Acre Lot

Sale Details

Date Sold: November 20, 2020

Last sale price $300,000 $86 Per Sq Ft

50 Days on Market

Highlights

  • Hot Water Heating System
  • Lot Sloped Up
  • Walk-Up Access
  • High Speed Internet

About This Home

As of November 2020

Are you discouraged to find no good residential investment properties in Brattleboro? Time to sit up and pay attention! This 5-unit has great numbers, is in a very good neighborhood and has been well maintained by current owners for past 17 years! Average three-year free cash flow of $25,586 with projected free cash flow of $33,416 with 4% vacancy rate and typical expenses. This property has 1-3BR, 1-2BR and 3-1BR apartments. Close to the hospital, walking trails at the old Austine School campus, Memorial Park, and the Exit I shopping plaza. Plenty of parking and a CAP rate over 10%. If you are ready to make some money, do not delay, call today! Delayed showings until 8/19/20.

Last Agent to Sell the Property

Dan Normandeau

Berkley & Veller Greenwood Country License #082.0096011 Listed on: 08/12/2020

Last Buyer's Agent

Dan Normandeau

Berkley & Veller Greenwood Country License #082.0096011 Listed on: 08/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,476

Year Built

  • Built in 1900

Lot Details

  • 16,117 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Rolled or Hot Mop Roof
  • Vinyl Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • 3.5-Story Property

Unfinished Basement

  • Walk-Up Access
  • Connecting Stairway

Parking

  • 510 Car Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Schools

  • Brattleboro Elementary Schools
  • Brattleboro Area Middle School
  • Brattleboro High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Liquid Propane Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $20,000
  • Gross Income $53,416
  • Net Operating Income $33,416

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,476

Year Built

Built in 1900

Lot Details

0.37 Acres

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: From exit 1 off I-91 in Brattleboro, travel 0.5 north on US-5/Canal Street, left onto Maple Street for 0.3 mi, right onto Pleasant Street for 300 ft, left onto Vine Street for 400 ft, see sign on right.
  • Construction: Existing
  • Total Stories: 3.5
  • Price Per Sq Ft: 85.71
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4000
  • Sq Ft - Apx Total Finished: 3500
  • Property Type: Multi-Family
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 3500
  • Sq Ft - Apx Unfinished BG: 500

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Rolled, Slate

Garage/Parking

  • Parking: Off Street, Parking Spaces 5 - 10

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public Sewer On-Site
  • Water: Public Water - On-Site
  • Water Heater: Electric, Gas - LP/Bottle, Off Boiler, Tank
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Hot Air, Hot Water
  • Utilities: Cable, Dsl, Gas - Lp/Bottle, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Brattleboro Elem Schools
  • High School: Brattleboro High School

Lot Info

  • Lot Sq Ft: 16117
  • Lot Acres: 0.37
  • Lot Description: Slight, Sloping
  • Surveyed: Yes
  • Zoning: Residential Neighborhood
  • Deed Book: 315
  • Deed Page: 205
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 53416
  • Net Income: 33416
  • Total Units: 5
  • Total1 Bedroom Units: 3
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 6476.28
  • Tax Year: 2019

MLS Schools

  • School District: Brattleboro School District
  • School Middle Jr: Brattleboro Area Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Nov 20, 2020
Sold by
Seller's Agent
Dan Normandeau
Berkley & Veller Greenwood Country
Buyer's Agent
Dan Normandeau
Berkley & Veller Greenwood Country
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%

Purchase Details

Closed on
Aug 13, 2003
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 2002
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,000 --
-- --
$132,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $300,000 -4.8% $86 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $315,000 -- $90 / Sq Ft
Source: PrimeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,520 $231,610 $56,100 $175,510
2024 $7,520 $231,610 $56,100 $175,510
2023 $6,941 $231,610 $56,100 $175,510
2022 $6,745 $231,610 $56,100 $175,510
2021 $6,808 $231,610 $56,100 $175,510
2020 $6,721 $231,610 $56,100 $175,510
2019 $6,476 $231,610 $56,100 $175,510
2018 $6,463 $231,610 $56,100 $175,510
2017 -- $231,610 $56,100 $175,510
2016 $6,200 $231,610 $56,100 $175,510
2015 -- $2,316 $0 $0
2014 -- $2,316 $0 $0
2013 -- $2,316 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4822169

PrimeMLS
Your Personal Tour Guide

Ask me questions while you tour the home.