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About This Home

This 12-bedroom, 6-bathroom residential multi family at 16 School Street in Brattleboro, VT is listed for $540,000 ($90 per sqft). Built in 1900, the home offers 6,000 sqft of living space on a 0.13 acres lot.

Agent Description

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.

Key Features

  • Built in 1900
  • 0.13 acre lot
  • 3 stories

Property Details

3 stories
6 full
1900

Monthly Cost Estimate

$2,888/mo

20% down · 6.5% · 30 years

Principal$391
Interest$2,340
Insurance$158

Estimates only. Actual payments may vary.

Location

16 School Street

Brattleboro, VT 05301

Property Details

Construction

Wood Frame Brick Exterior

Heating

Hot Water(Heating)Oil

Questions & Answers

This 12-bedroom, 6-bathroom residential multi family at 16 School Street is listed at $540,000 ($90/sqft). The estimated monthly payment is $2,340 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.13 acre lot, 3 stories.

This property is listed by Kate Barry and can be reached at (802) 868-6367 or ListHub@exprealty.com.

KB

Kate Barry

Agent at EXP Realty

(802) 868-6367

Listed by EXP Realty · View on Broker Site

MLS# 5092212· Source: listhub· Updated 7 days ago

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

16 School Street, Brattleboro, VT 05301

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