Listing courtesy of Michael Gilman, 3GEN Real Estate Inc 802-366-7072
1963 Forest Dale Road, Brandon, VT, 05733
0 beds
1900
Colonial
3,443 sqft
Rarely available turnkey triplex , 3x 2br/1ba, located in the vibrant artisan Town of Brandon—known for its historic architecture, thriving arts scene, and central location. Experience the perfect blend of investment potential and small-town charm with this well managed and updated triplex. The property is listed at a 10%+ Cap Rate at current annualized NOI of $43,000, offering immediate and robust returns in addition to strong upside from undermarket rents and rent growth. Perfect for a high cash flow addition to your portfolio, or a "house hack" where you live in one unit for free while the other two cover your mortgage and expenses. Each unit has been tastefully updated, and features its own washer/dryer. A rare amenity. Residents pay all their own utilities. The backyard is over an acre and features a detached garage/barn, which can rented for additional income. Additional land on the parcel can be developed to provide more housing, and the town is supportive. Situated in a town celebrated for its walkability, local galleries, and community events, this property benefits from Brandon’s growing reputation as a destination for both residents and visitors alike. Reach out for the listing package, financials and walk-through videos!
Status:
Active
Type:
Multi-family
Units:
3
Zoning:
Residential
Frontage:
50
Garage:
2-car Garage
Heating:
Propane
Cooling:
None
Basement:
Concrete
Acreage:
1.5
Est. Taxes:
$3,763
Lot Description:
In Town
MLS #:
5088962