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.
Active
Listed by: EXP Realty • Kate Barry
$499,000
16 School Street, Brattleboro, VT 05301
12beds
6,000sqft
Multi Family
Built in 1900
-- sqft lot
$481,500 Zestimate®
$83/sqft
$-- HOA
What's special
Solid brick facade
- 130 days
- 193
- 8
Zillow last checked:
Listing updated:
Listed by:
Kate Barry,
EXP Realty Phone:603-547-0852
Source: PrimeMLS,MLS#: 5092212
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Oil, Hot Water
Cooling
- None
Features
- Basement: Full,Unfinished,Interior Entry
Interior area
- Total structure area: 8,000
- Total interior livable area: 6,000 sqft
- Finished area above ground: 6,000
- Finished area below ground: 0
Property
Parking
- Parking features: Paved
Features
- Levels: 3
- Frontage length: Road frontage: 92
Lot
- Size: 5,663 Square Feet
- Features: City Lot, Level
Details
- Zoning description: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Brick Exterior
- Foundation: Concrete
- Roof: Metal,Asphalt Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable
Community & HOA
Location
- Region: Brattleboro
Financial & listing details
- Price per square foot: $83/sqft
- Annual tax amount: $9,039
- Date on market: 6/2/2026
- Road surface type: Paved
Estimated market value
$481,500
$457,000 - $506,000
$1,582/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Price change | $499,000-7.6%$83/sqft |
Source: | ||
| 6/2/2026 | Listed for sale | $540,000+8%$90/sqft |
Source: | ||
| 11/3/2022 | Sold | $500,000-12.3%$83/sqft |
Source: | ||
| 7/6/2022 | Price change | $570,000-2.6%$95/sqft |
Source: | ||
| 5/27/2022 | Price change | $585,000-2.5%$98/sqft |
Source: | ||
| 4/13/2022 | Listed for sale | $600,000$100/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 05301
Nearby schools
Schools provided by the listing agent
- Elementary: Brattleboro Elem Schools
- Middle: Brattleboro Area Middle School
- High: Brattleboro High School
- District: Brattleboro School District
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

