$499,000
 $2,679 est/mo Sourced by Back At You

16 School Street,Brattleboro, VT 05301

Brattleboro, VT 05301

Share:

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.

Details

MLS #5092212
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
Status(10) Active - Active
Year1900
Days On Site129
Listing Provided ByEXP Realty | Kate Barry

Features

BasementY
Story(s)3
Units6
ZoningRes
Acreage0.13

Interior

Rooms Total0
CoolingNone
HeatingOil, Hot Water

Exterior

RoofMetal, Asphalt Shingle
Construction MaterialsWood Frame, Brick Exterior
Foundation DetailsConcrete
Lot FeaturesCity Lot, Level

Parking

Garage Yes / NoNo

Utilities

UtilitiesCable
Electric100 Amp Service
SewerPublic Sewer

Taxes

Tax Annual Amount9039.76
Tax Year2025

Area Information

StateVT
CountyWindham
CityBrattleboro
Zip Code05301
AreaVT Windham
School DistrictBrattleboro School District
Elementary SchoolBrattleboro Elem Schools
High SchoolBrattleboro High School
Listing VS Median (in 05301)
Price:
$499,000
low | high
Med:
$899,800
30.320641282565% of Average
On site:
129
low | high
Med:
485
26.59793814433% of Average
Sourced by Back At You

Market Activity 05301

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Signature Properties Of Vermont at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.


Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Contact

Learn More About This Property

StateVT
CountyWindham
CityBrattleboro
Zip Code05301
AreaVT Windham
School DistrictBrattleboro School District
Elementary SchoolBrattleboro Elem Schools
High SchoolBrattleboro High School
Listing VS Median (in 05301)
Price:
$499,000
low | high
Med:
$899,800
30.320641282565% of Average
On site:
129
low | high
Med:
485
26.59793814433% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $374K - $623K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
33 Oak Street Property Photo 1
$375,000
33 Oak Street
Brattleboro, VT 05301
19 Canal Street Property Photo 1
$399,000
19 Canal Street
Brattleboro, VT 05301
Listing Updated: October 5, 2026 at 11:15:58 AM PDT