Listing Details

Brattleboro, VT 05301 16 School Street

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Presented By: Kate Barry with EXP Realty; Phone: 603-547-0852
  • PrimeMLS - 85 - NH
  • MLS# 5092212
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Disclaimer: The information contained in this listing has not been verified by Halliday Real Estate and should be verified by the buyer.
  • Beds • 12
  • Baths • 6
  • SQFT • 6,000

Home Details

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.
Presented By: Kate Barry with EXP Realty; Phone: 603-547-0852

Interior Features for 16 School Street

Bedrooms

Unit 1 Bedrooms2
Unit 3 Bedrooms2
Unit 2 Bedrooms2
Unit 6 Bedrooms2
Unit 5 Bedrooms2
Unit 4 Bedrooms2

Bathrooms

Unit 6 Baths1
Unit 5 Baths1
Total Full Baths6

Other Interior Features

Unit 1 StatusLeased
Unit 2 StatusLeased
Unit 3 StatusLeased
Unit 4 StatusLeased
InternetCable Internet
Total Finished Area6000
Total 3+ BR Units
Total 2 BR Units6
Total 1 BR Units
Basement Access TypeInterior
BasementYes
Basement DescriptionFull, Unfinished
Total Number of Units6

Other Rooms

Unit 4 Rooms3
Unit 2 Rooms3
Unit 1 Rooms3
Unit 3 Rooms3
Unit 5 Rooms3
Unit 6 Rooms3

General for 16 School Street

CityBrattleboro
Construction MaterialsWood Frame, Brick Exterior
Construction StatusExisting
CoolingNone
CovenantsNo
DOM59
DirectionsFrom Main Street Brattleboro take Elliot street towards school street. Property is on the right, see sign.
Electric100 Amp Service
Elementary SchoolBrattleboro Elem Schools
Flood ZoneNo
Fuel CompanyDead River
GarageNo
Gross Income92100
HeatingOil, Hot Water
High SchoolBrattleboro High School
Last Updated07/27/2026 19:36:48
Middle SchoolBrattleboro Area Middle School
Net Income33757
Operating Expense58343
PossessionAt Closing
Price Per Sq Ft Total AG83.17
Property ClassMulti-Family
Road FrontageYes
RoofMetal, Asphalt Shingle
School DistrictBrattleboro School District
SeasonalNo
SewerPublic
Status Detail0
Stories Count3
StyleApartment Building
Tax Year2025
UtilitiesCable
Year Built1900
ZoningRes

Exterior for 16 School Street

DrivewayPaved
Foundation Concrete
Lot FeaturesCity Lot, Level
Lot Size Area0.13
Lot Size Square Feet5663
Road Frontage Length92
Road Frontage TypePaved
SurveyedUnknown
Water SourcePublic

Additional Details

Price History

Schools

Middle School Brattleboro Area Middle School
High School Brattleboro High School
Elementary School Brattleboro Elem Schools

Sadie Halliday

REALTOR
Price $499,000
MLS#5092212
Property Type Multi-Family
Phone 603.660.2321
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