29 Canal St

Brattleboro VT 05301

6576 sq. ft.

3920 sq. ft.

Multi-Family

Last sold for $714,000

Michael Gilman, last sold this property on 06 October 2025 after -35 days on market.

Overview

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 and rates. This allows an investor to realize returns from cash-flow vs speculation. Please reach out to the listing broker for up to date Offering Memorandum package. 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.

Features

18 bedrooms

8 bathrooms

6576 sq. ft. floor area

3920 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 18 bedroom multi families sold in Brattleboro over the last 12 months.

Property history for 29 Canal St

2025

Sold

$714,000

06 Oct 2025 by Michael Gilman, of 3GEN Real Estate Inc

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