1963 Forest Dale Rd, Brandon, VT 05733

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Listing courtesy of Michael Gilman from Sugarhouse Real Estate. ()

List Price
$395,000
Status
ACTIVE
MLS#
5088962
Price Change
▼ $30,000 1785424155
Living Area
3,443
Lot Size
65,340
Acres
1.50
Year Built
1900

Property 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!

Additional Information

Taxes
$3,762
Listing Agent
Michael Gilman
Listing Office
Sugarhouse Real Estate
Style
Colonial
Electric
On Site
Utilities
Propane
Basement
Concrete
Foundation
Concrete
Sewer
Public Sewer
Roof
Asphalt
Zoning
Residential
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

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