House for sale

Generational opportunity to own one of the larger buildings in the charming artisan town of Brandon, VT. This turnkey 10-unit property has an annualized NOI north of $80K, consists of a 8plex (8x1br) and Duplex (2x2br) on one tax lot. This building provides outstanding cash flow, with significant upside on rents based on existing and legacy leases per rent roll. Units and buildings have been meticulously cared for and renovated. A new owner can step in to enjoy the high cash flow and low maintenance expenses. The duplex in the back and the larger 8plex have had updates and renovations across all units. This low maintenance and energy efficient property features its own well and septic and individualized propane heaters per unit. All of these updates and features help keep annual costs lower than the average multifamily and saving the owner from the ever-increasing inflationary pressure across expense line items. The property is available as a package with other buildings across VT for a buyer looking for a larger portfolio.