Log In/Sign Up
Your email has been sent.
22 Chestnut St 4 Unit Apartment Building $581,736 CAD ($145,434 CAD/Unit) 13% Cap Rate Brattleboro, VT 05301
Investment Highlights
- Four individually deeded condo units sold as a package
- Three units rented; one large unit mid-renovation
- Three fully furnished units with dedicated storage
- Approx. $7,000+ monthly gross income at market rents
- Value-add upside through interior and system updates
- Strong location with multiple exit strategies available
Executive Summary
This 4-Unit Condo Portfolio | Value-Add | VT
• 4 individually deeded condo units sold as a package
• Approx. $7,000+/month gross income
• 3 units rented, 1 large unit mid-renovation
• Value-add opportunity: opportunity for updates, including electrical modernization, heating systems & updating interior
• 3 Fully furnished units
• Dedicated storage for each unit (bikes, skis, tools, equipment)
• Strong location near downtown, hospital, ski areas, and I-91
• Lot may support additional dwelling according to town planner (buyer to verify)
• Multiple exit strategies: hold, renovate & raise rents, sell units individually, or owner-occupy one unit
Southern Vermont
Offered at $425,000
Buyers agents welcome
*Note-Unit #3 is not rented and will require renovation. The rental income below is estimated according to market value.
• 4 individually deeded condo units sold as a package
• Approx. $7,000+/month gross income
• 3 units rented, 1 large unit mid-renovation
• Value-add opportunity: opportunity for updates, including electrical modernization, heating systems & updating interior
• 3 Fully furnished units
• Dedicated storage for each unit (bikes, skis, tools, equipment)
• Strong location near downtown, hospital, ski areas, and I-91
• Lot may support additional dwelling according to town planner (buyer to verify)
• Multiple exit strategies: hold, renovate & raise rents, sell units individually, or owner-occupy one unit
Southern Vermont
Offered at $425,000
Buyers agents welcome
*Note-Unit #3 is not rented and will require renovation. The rental income below is estimated according to market value.
Property Facts
| Price | $581,736 CAD | Building Class | C |
| Price Per Unit | $145,434 CAD | Lot Size | 0.37 AC |
| Sale Type | Investment | Building Size | 3,000 SF |
| Cap Rate | 13% | Average Occupancy | 75% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1885 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RD - Residential District | ||
| Price | $581,736 CAD |
| Price Per Unit | $145,434 CAD |
| Sale Type | Investment |
| Cap Rate | 13% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 3,000 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1885 |
| Opportunity Zone |
Yes |
| Zoning | RD - Residential District |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Microwave
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Tile Floors
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Wi-Fi
- Yard
- Double Pane Windows
- Garden
- Lawn
- Mud Room
- Office
- Pantry
- Porch
- Smoke Free
- Vinyl Flooring
- Window Coverings
- Large Bedrooms
Site Amenities
- 24 Hour Access
- Controlled Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2.5 | 4 | - | - |
1 1
Property Taxes
| Parcel Number | 081-025-18040 | Improvements Assessment | $170,302 CAD |
| Land Assessment | $0 CAD | Total Assessment | $170,302 CAD |
Property Taxes
Parcel Number
081-025-18040
Land Assessment
$0 CAD
Improvements Assessment
$170,302 CAD
Total Assessment
$170,302 CAD
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
22 Chestnut Street Enterprise
22 Chestnut St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.