16 School St Brattleboro, VT 05301

Price
$499,000
Listed On
Type
For Sale
Status
Active
16 School St, Brattleboro, VT 05301
16 School St, Brattleboro, VT 05301
16 School St, Brattleboro, VT 05301
16 School St, Brattleboro, VT 05301
12 Beds
6 Bath
6000 sqft
Asking  $499,000

Snapshot

Type
For Sale
Category
Purchase
Property Type
Residential Multi Family
Property Subtype
Other
MLS Number
5092212
Parcel Number
Property Sqft
6,000 sqft
Lot Size
0.13 acres
Year Built
1900
Year Updated
Bedrooms
12
Bathrooms
6
Full Bathrooms
6
3/4 Bathrooms
0
Half Bathrooms
0
Quarter Bathrooms
0
Lot Size (in sqft)
5,662.8
Price Low
-
Room Count
-
Building Unit Count
6
Condo Floor Number
-
Number of Buildings
-
Number of Floors
3
Parking Spaces
0
Location Directions
From Main Street Brattleboro take Elliot street towards school street. Property is on the right, see sign.
Franchise Affiliation
None
Special Listing Conditions
Auction
Auction
Bankruptcy Property
Bankruptcy Property
HUD Owned
HUD Owned
In Foreclosure
In Foreclosure
Notice Of Default
Notice Of Default
Probate Listing
Probate Listing
Real Estate Owned
Real Estate Owned
Short Sale
Short Sale
Third Party Approval
Third Party Approval

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.

More Details

MLS Name
PrimeMLS
Source
ListHub
MLS Number
5092212
MLS ID
NNERENNH
Virtual Tour
PARTICIPANT
Name
Kate Barry
Primary Phone
(802) 868-6367
Key
3YD-NNERENNH-618608
Email
ListHub@exprealty.com
BROKER
Name
eXp Realty LLC
Phone
(802) 868-6367
OFFICE
Name
EXP Realty
Phone
(833) 388-2480
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.

Features

Basement
Basement
Dock
Dock
Elevator
Elevator
Fireplace
Fireplace
Greenhouse
Greenhouse
Hot Tub Spa
Hot Tub Spa
New Construction
New Construction
Pool
Pool
Sauna
Sauna
Sports Court
Sports Court
Waterfront
Waterfront
Architectural Style
Other
Other
Construction Materials
Wood Frame
Wood Frame
 Brick Exterior
Brick Exterior
Heating
Oil
Oil
Hot Water(Heating)
Hot Water(Heating)
Roof
Shingle
Shingle
Metal
Metal
Rooms
Bedroom 3
Bedroom 3
Bedroom 10
Bedroom 10
Bedroom 9
Bedroom 9
Bedroom 4
Bedroom 4
Bathroom 5
Bathroom 5
Bathroom 6
Bathroom 6
Bedroom 2
Bedroom 2
Bathroom 4
Bathroom 4
Bedroom 5
Bedroom 5
Bathroom 2
Bathroom 2
Bedroom 6
Bedroom 6
Bedroom 11
Bedroom 11
Basement
Basement
Bedroom 1
Bedroom 1
Bathroom 3
Bathroom 3
Bedroom 8
Bedroom 8
Bedroom 12
Bedroom 12
Bedroom 7
Bedroom 7
Bathroom 1
Bathroom 1

History

DateEventPrice$/SqftSource
For Sale ~ Price Changed
MultiFamily
$499,000
-7.6%
$83eXp Realty
Listed For Sale
MultiFamily
$540,000$90eXp Realty
Report issue with price history

Taxes

YearAnnual AmountDescription
2025$9,040

Nearby Schools

Elementary School

Green Street School

0.1 miles awayKG - 06

Elementary School

Canal St - Oak Grove Schools

0.8 miles awayKG - 06

High School

Brattleboro Sr. Uhsd #6

1 miles away09 - 12
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Get more info on 16 School St, Brattleboro, VT 05301
Profile
Kate Barry
Listing Agent
(603) 547-0852
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Kate Barry
Listing Agent
(603) 547-0852
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.