List Price: $395,000 | $150 per sq.ft. Multi Family
Price Change! Reduced by $30,000 down 8% on July 30th 2026
A 3 Unit Multi Family Home
With 0 One Bedroom Units , 3 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Thursday May 14, 2026 | MLS# 5088962
Price Change! Reduced by $30,000 down 8% on July 30th 2026
A 3 Unit Multi Family Home
With 0 One Bedroom Units , 3 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Thursday May 14, 2026 | MLS# 5088962
To see this Listing
Address: 1963 Forest Dale Road Brandon VT
Listed by Michael Gilman Sugarhouse Real Estate
Description:
Rarely available turnkey triplex , 3x 2br/1ba, located in the vibrant artisan Town of Brandon known for its historic architecture, thriving arts scene, and central location. Experience the perfect blend of investment potential and small-town charm with this well managed and updated triplex. The property is listed at a ~11% Cap Rate at current annualized NOI of $43,000, offering immediate and robust returns in addition to strong upside from undermarket rents and rent growth. Perfect for a high cash flow addition to your portfolio, or a "house hack" where you live in one unit for free while the other two cover your mortgage and expenses. Each unit has been tastefully updated, and features its own washer/dryer. A rare amenity. Residents pay all their own utilities. The backyard is over an acre and features a detached garage/barn, which can rented for additional income. Additional land on the parcel can be developed to provide more housing, and the town is supportive. Situated in a town celebrated for its walkability, local galleries, and community events, this property benefits from Brandon's growing reputation as a destination for both residents and visitors alike. Reach out for the listing package, financials and walk-through videos! Operating Expenses : Insurance,Maintenance,Sewer,Snow Removal,Trash,Water/Sewer
Annual Expenses
Taxes: $3,763
Taxes: $3,763
Income
Gross Income | $59,400
NetIncome | $43,917
Gross Income | $59,400
NetIncome | $43,917
UNIT 1 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
Sq.Ft.: 822
Tenant Pays : All Utilities
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased
UNIT 2 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
Sq.Ft.: 806
Tenant Pays : All Utilities
Rent : 1650.00 Annually
Lease Term : Annual
Signed Lease : Yes
UNIT 3 INFORMATION
Beds: 2
Baths: 1
Sq.Ft.: 766
Tenant Pays : All Utilities
Lease Term : Annual
Signed Lease : Yes
Status : Leased
Construction: Vinyl Exterior
Year Built: 1900
Style: Colonial
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3443
Above Grade Sq.Ft.: 2637
Below Grade Sq.Ft.: 806
Basement: Concrete
Year Built: 1900
Style: Colonial
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3443
Above Grade Sq.Ft.: 2637
Below Grade Sq.Ft.: 806
Basement: Concrete
Roof: Asphalt Shingle
Seasonal: No
Seasonal: No
Heating: Propane
Cooling: None
Electric: On-Site
Utilities: Propane
Electric Meters:
Water: Public
Sewer: Public
Cooling: None
Electric: On-Site
Utilities: Propane
Electric Meters:
Water: Public
Sewer: Public
Land Information
In Town
Lot size: 1.5 acres
Zoned: Residential)
Surveyed: Unk
Flood Zone: No
Road Frontage: 50
Driveway: Crushed Stone
In Town
Lot size: 1.5 acres
Zoned: Residential)
Surveyed: Unk
Flood Zone: No
Road Frontage: 50
Driveway: Crushed Stone
Additional Information
Taxes $3,763
Assesed Value Not Reported
Taxes $3,763
Assesed Value Not Reported
Schools
