22 Chestnut St - Apartments FOR SALE


Brattleboro, VT 05301
$425,000 USD
802-779-3503
22 Chestnut St, Brattleboro, VT for Sale
$425,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

22 Chestnut St
Brattleboro, VT 05301


HIGHLIGHTS

  • Four individually deeded condo units sold as a package
  • Approx. $7,000+ monthly gross income at market rents
  • Three units rented; one large unit mid-renovation
  • Value-add upside through interior and system updates
  • Three fully furnished units with dedicated storage
  • Strong location with multiple exit strategies available

OVERVIEW

4-Unit Condo Portfolio | Value-Add | VT • 4 individually deeded condo units sold as a package • Approx. $7,000+/month gross income • 3 units rented, 1 large unit mid-renovation • Value-add opportunity: opportunity for updates, including electrical modernization, heating systems & updating interior • 3 Fully furnished units • Dedicated storage for each unit (bikes, skis, tools, equipment) • Strong location near downtown, hospital, ski areas, and I-91 • Lot may support additional dwelling according to town planner (buyer to verify) • Multiple exit strategies: hold, renovate & raise rents, sell units individually, or owner-occupy one unit Southern Vermont Offered at $425,000 Buyers Agents Welcome! ~Detailed property information available upon proof of funds or pre-approval specific to this property's components.~ *Note-Unit #3 is not rented and will require renovation. The rental income below is estimated according to market value. **Direct inquiries from qualified buyers only. Broker/agent solicitations are not requested.**

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$142 USD /SF

# OF UNITS

4

PRICE/UNIT

$106,250

CAP RATE

Request Cap Rate

% LEASED

75%

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

081-025-12522,081-025-18037,081-025-18038,081-025-18039

ASK ABOUT THIS PROPERTY

SMB Investment GroupSMB Investment GroupMore Info
802-779-3503

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SMB Investment GroupSMB Investment GroupMore Info
802-779-3503

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