NOT LISTED FOR SALE

65 Moreland Ave Brattleboro, VT 05301

Brattleboro Area
7 Beds
5 Baths
3,264 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: September 25, 2020

Last sale price $290,000 $89 Per Sq Ft

13 Days on Market

Highlights

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

About This Home

As of September 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 $27,860 with projected free cash flow of $30,970 with 4% vacancy rate and typical expenses. This property has 1-3BR and 4-1BR apartments. Close to the high school, hospital, walking in nearby cemetery, and the Exit I shopping plaza. Large, level lot, 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

  • $6,437

Year Built

  • Built in 1920

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Membrane Roofing

Interior Spaces

  • 5 Full Bathrooms
  • 3-Story Property

Unfinished Basement

  • Walk-Up Access
  • Connecting Stairway

Parking

  • 510 Car Parking Spaces
  • Gravel Driveway

Schools

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

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $19,000
  • Gross Income $50,270
  • Net Operating Income $31,270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,437

Year Built

Built in 1920

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: From Exit 1 off I-91 in Brattleboro, travel 0.1 mi north on US-5/Canal Street, right onto Fairground Road for 0.5 mi, left onto Marlboro Street for 50 ft, left onto Moreland Avenue for 200 ft. See sign on left.
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 88.85
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4863
  • Sq Ft - Apx Total Finished: 3264
  • Year Built: 1920
  • List Agent: 23641
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 3264
  • Sq Ft - Apx Unfinished AG: 511
  • Sq Ft - Apx Unfinished BG: 1088

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Composition
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Membrane

Garage/Parking

  • Parking: Parking Spaces 5 - 10

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Utilities: Cable, Dsl, High Speed Intrnt -Atsite

Fee Information

  • Tax Class: Non-Homestead

Schools

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

Lot Info

  • Lot Sq Ft: 7841
  • Lot Acres: 0.18
  • Lot Description: Corner, Level, Sidewalks
  • Surveyed: Unknown
  • Zoning: Residential Neighborhood
  • Deed Book: 315
  • Deed Page: 200
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 50270
  • Net Income: 31270
  • Total Full Baths: 5
  • Total Units: 5
  • Total1 Bedroom Units: 4
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 6436.84
  • 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
Sep 25, 2020
Sold by
Bought by
Seller's Agent
Dan Normandeau
Berkley & Veller Greenwood Country
Buyer's Agent
Dan Normandeau
Berkley & Veller Greenwood Country
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%

Purchase Details

Closed on
Aug 13, 2003
Sold by
Bought by

Purchase Details

Closed on
Oct 27, 1999
Sold by
Bought by
Source: Public Records
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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
$290,000 --
$200,000 --
-- --
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
09/25/2020 09/25/20 Sold $290,000 -3.3% $89 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $300,000 -- $92 / 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 $7,475 $230,200 $52,800 $177,400
2024 $7,475 $230,200 $52,800 $177,400
2023 $6,899 $230,200 $52,800 $177,400
2022 $6,704 $230,200 $52,800 $177,400
2021 $6,767 $230,200 $52,800 $177,400
2020 $6,680 $230,200 $52,800 $177,400
2019 $6,437 $230,200 $52,800 $177,400
2018 $6,424 $230,200 $52,800 $177,400
2017 -- $230,200 $52,800 $177,400
2016 $6,162 $230,200 $52,800 $177,400
2015 -- $2,302 $0 $0
2014 -- $2,302 $0 $0
2013 -- $2,302 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dan Normandeau

    Seller's Agent in 2020

    Dan Normandeau

    Berkley & Veller Greenwood Country

    (802) 380-2077

    111 Total Sales

    Dan Normandeau
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Map

Source: PrimeMLS

MLS Number: 4822174

PrimeMLS
Vermont Windham County Brattleboro 05301

65 Moreland Ave, Brattleboro, VT

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