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Listed By Michael Gilman Sugarhouse Real Estate
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Est. payment /mo
Active
1963 Forest Dale RD Brandon, VT 05733
6 Beds
3 Baths
3,443 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,443 sqft
MLS Listing ID 5088962
Style Colonial
Bedrooms 6
Full Baths 3
Construction Status Existing
Year Built 1900
Annual Tax Amount $3,762
Tax Year 2025
Lot Size 1.500 Acres
Acres 1.5
Property Description
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 ~11% 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!
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning Residential
Rooms
Basement Concrete
Interior
Heating Propane
Cooling None
Exterior
Parking Features Yes
Garage Spaces 2.0
Utilities Available Propane
Roof Type Asphalt Shingle
Building
Lot Description In Town
Story 2
Sewer Public
Water Public
Architectural Style Colonial
Construction Status Existing
