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  • Listed by: EXP Realty • Kate Barry
    Price cut: $41K (6/16)
    $499,000

    16 School Street, Brattleboro, VT 05301

    12beds
    6,000sqft
    : 
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    Multi Family
    Built in 1900
    -- sqft lot
    $477,400 Zestimate®
    $83/sqft
    $-- HOA

    What's special

    Solid brick facade
    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.
    38 days
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    291
    |
    9
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kate Barry,

    EXP Realty Phone:603-547-0852

    Source: PrimeMLS,MLS#: 5092212MLS Logo

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      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

        $477,400

        $454,000 - $501,000

        $2,312/mo

        Price history

        DateEventPrice
        6/16/2026Price change$499,000-7.6%$83/sqft
        Source: PrimeMLS #5092212 Report a problem
        6/2/2026Listed for sale$540,000+8%$90/sqft
        Source: PrimeMLS #5092212 Report a problem
        11/3/2022Sold$500,000-12.3%$83/sqft
        Source: PrimeMLS #4905082 Report a problem
        7/6/2022Price change$570,000-2.6%$95/sqft
        Source: PrimeMLS #4905082 Report a problem
        5/27/2022Price change$585,000-2.5%$98/sqft
        Source: PrimeMLS #4905082 Report a problem
        4/13/2022Listed for sale$600,000$100/sqft
        Source: PrimeMLS #4905082 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 05301

        Getting around

        90 / 100
        Very Walkable
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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