



$365,000
6 bd · 3 ba · 3,443 sqft · 1.50 acre lot
1963 Forest Dale Rd, Brandon, VT 05733
Multi-family · Built 1900 · $106/sqft ·
$2,169/mo est. payment
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. Several acres of prime development potential as well (confirmed non wet lands) The property is listed at a ~12% 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!
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Listed by Michael Gilman · 3GEN Real Estate Inc · PrimeMLS