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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755

$745,000

MLS# 5037977
4932 sq.ft. Bedroom | 0 Bathroom
Multi Family
29 Canal Street Brattleboro VT 		 
$745,000 | $151 per sq.ft. | MLS# 5037977 A 8  Unit Multi Family Home, 29 Canal Street Brattleboro VT With 2 - One Bedroom Units | 2 - Two Bedroom Units | 4 - Three Bedroom Units

Description:
High cash flow 100% occupied 8 unit located in downtown Brattleboro. This property was recently renovated and is being listed at a 11% cap and an annual Net Operating Income estimated at north of ~$80K (12% cap without management fees). The property features an attractive mix of unit types and sizes including 4x rarely available oversized 3br, 2x2br and 2x1br A new owner can step into to this turnkey investment, projected to yield a ~19% cash on cash return starting year 1 based on current numbers. This allows an investor to realize returns from cash-flow vs speculation. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire a high quality stabilized 8-plex in the heart of vibrant and growing Brattleboro at an attractive valuation. The property is available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property.

Annual Expenses
Taxes: $8,106 		    Income
UNIT 1 INFORMATION

Beds: 1
Baths: 1
Rooms: 0
Rent : 1150.00 Monthly
UNIT 2 INFORMATION

Beds: 1
Baths: 1
Rooms: 0
Rent : 1000.00 Monthly
UNIT 3 INFORMATION

Beds: 2
Baths: 1
Rent : 1450.00 Monthly
UNIT 4 INFORMATION

Beds: 2
Baths: 1
Rent : 1300.00 Monthly
UNIT 5 INFORMATION

Beds: 3
Baths: 1
Rooms: 0
Rent : 1450.00 Monthly
UNIT 6 INFORMATION

Beds: 3
Baths: 1
Rent : 1950.00 Monthly
UNIT 7 INFORMATION

Beds: 3
Baths: 1
Rooms: 0
Rent : 1950.00 Monthly
UNIT 8 INFORMATION

Beds: 3
Baths: 1
Rooms: 0
Rent : 1650 Monthly

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Price Per SQ.FT. 151.05 | Year Built: 1900
 LAND DESCRIPTION: LOT DESCRIPTION: In Town
Livable Space: 4932
Above Grade Sq.Ft.: 4932
Below Grade Sq.Ft.: 0
Foundation: Stone
Heating: Oil
Cooling: None
Electric: 200 Amp
Style: Multi-Family
Roof: Membrane
Water: Public
Sewer: Public
Lot size: 0.09 acres
Zoned: MU
Surveyed: Unk
Flood Zone: No
Seasonal: Unk
Road Frontage: 63
Driveway: Gravel
ADDITIONAL INFORMATION
Taxes $8,106  | Assesed Value $0 in
SCHOOLS
  • 23069459
  • 23069460
  • 23069458
  • 23069461
  • 23069462
  • 23069470
  • 23069466
  • 23069464
  • 23069465
  • 23069463
  • 23069471
  • 23069473
  • 23069475
  • 23069477
  • 23069483
  • 23069478
  • 23069479
  • 23069481
  • 23069482
  • 23069480
  • 23069490
  • 23069485
  • 23069486
  • 23069487
  • 23069489
  • 23069494
15 Buck Rd. Hanover, NH 03755 603-643-3942

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