22 Chestnut St - Apartments FOR SALE


Brattleboro, VT 05301
$399,000 USD
802-579-8858
22 Chestnut St, Brattleboro, VT for Sale
$399,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

22 Chestnut St
Brattleboro, VT 05301


OVERVIEW

4 condo units being sold together as a great residential package investment opportunity! Rent them, live in one and/or sell them off individually. This offering includes 4 of 5 units in a charming condo development just minutes from downtown, the hospital, shopping, and I-91. Unit 5 has been sold separately. With a strong rental history and further development potential, this is a standout opportunity for investors seeking immediate income and long-term upside. The current owner reports approximately $7,000/month in rental income, with three of the four units fully rented and one mid-renovation. The property is being offered fully furnished, making it turnkey for new ownership. Additionally, the owner was informed by the town that the lot may support the construction of an additional home, offering further potential for growth or resale strategy. Unit 1 is a spacious 2-bedroom, 1-bath with a walk-in pantry, washer/dryer, mudroom, oil heat, and a private side porch. Unit 2 is a cozy 1-bedroom plus office with a walk-in pantry and private porch. Unit 3, currently under renovation, is a large 2-bedroom with gas heat, a generous living room, and a private front porch. Unit 4 is an updated 1-bedroom, 1-bath unit with electric heat and period charm. The property also includes a large shared yard, off-street parking, and architectural character throughout, including clawfoot tubs, original details, and covered porches. This is a solid, income-producing property with built-in flexibility—whether for long-term rentals, future resale, or value-added improvements. A rare chance to own a commercial residential asset in one of Southern Vermont’s most desirable and accessible markets. Located in a desirable neighborhood and close to area ski resorts!

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$133 USD /SF

# OF UNITS

4

PRICE/UNIT

$99,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1885

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

RD

APN/PARCEL ID

081-025-12522,081-025-18040

ASK ABOUT THIS PROPERTY

Erica ReynoldsSouthern Vermont Realty GroupMore Info
802-579-8858

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Erica ReynoldsSouthern Vermont Realty GroupMore Info
802-579-8858

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.