Listing Provided by:
Sugarhouse Real Estate
Phone: 802-366-7072
Agent: Michael Gilman
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 10%+ 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!
Listed By
Broker Name: Sugarhouse Real Estate
Agent Name: Michael Gilman
Broker Phone: 802-366-7072
Shown By
Broker Title: Badger Peabody & Smith Realty
Broker Phone: (603) 823-5700 (Corporate Office)
Estimated Payment
$ 2,519.85 per month $2,082.39 Principal & Interest $313.50 Property Tax $123.96 Homeowner's InsuranceSource: Delta Media Group, Inc.
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1963 Forest Dale Road, Brandon, VT 05733.
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