My Active Listings

$425,000
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Brattleboro Area Multi-Family

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238 Marlboro Road Brattleboro, VT 05301

6 Bed
5 Baths
2880 sqft
MLS# 5034591
This 6-unit fully-leased and cashflowing property is in great condition. With gross rents of $66,000, expenses (including property taxes) of $14,538, and net income of $51,462, this investment property shows a 12.1% cap rate. With stable, long-term tenants on annual leases and fully-separated utilities in 5 of the 6 units, just about everything is taken care of. Built in 1970, the property is modern and easy to maintain. Two spacious 2-bedroom units feature charming hardwood floors, while two 1-bedrooms include beautiful large picture windows and recently-installed mini splits, and two top-floor studios offer a full range of apartment options. Located just minutes away from downtown Brattleboro and all that it has to offer, where rental demand is sky-high, the property hasn't had a vacancy in years. A spacious lot allows for off-street parking for all six tenants, and nearby attractions include hiking trails, the Brattleboro farmers market, and the ski hill. Recent upgrades to the property include new propane furnaces and hot water heaters, insulation and stucco, and new bath fans and vents. At a 12% cap rate with low rents and the potential to add easily installed coin-op laundry in the common area for additional income, this would be fantastic for any investor. Nice turn key building that doesn't need anything to start earning money. See it today.
Listing Courtesy of PrimeMLS / Better Homes And Gardens Real Estate The Masiello Group / Steve Schoppmeyer
$229,000
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Westminster Area Single Family Home

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185 Harrington Road Westminster, VT 05356

3 Bed
3 Baths
1988 sqft
MLS# 5035168
A unique opportunity for a buyer looking for a home to finish, either professionally or on your own with sweat equity. Unlike many fixer uppers, this partially finished home has many high end features with the design taking advantage of the gorgeous views of the Connecticut River valley to the east. Located in a quiet rural neighborhood, there is convenient access to I-91 and easy commutes to Brattleboro, Keene and Claremont. The property will convey with all the collections of building supplies and personal items in the house and on the lot with a few exceptions. The open concept kitchen/dining/living room has large windows overlooking the 14x30 deck and the view. Off the kitchen is a laundry room, main floor bedroom, full bath with shower and large jetted tub. Going up the wood spiral staircase from the living room you enter into the unfinished Primary suite with a large bedroom overlooking the view, skylights, walk in closet, full bath and sitting area. The front of the house main floor may have been envisioned as a separate apartment with stairs up to a bedroom with 3/4 bath but is now incorporated into the main house. Downstairs from the entry hallway, the large basement appears to offer many possibilities with over 900 sqft, 10 foot ceilings, lots of windows, mostly above grade and with walkout access to the outside. The yard has had terracing done, has a small pond, and could be park-like. This house is not turnkey and will not finance via Gov-backed loan programs.
Listing Courtesy of PrimeMLS / Better Homes And Gardens Real Estate The Masiello Group / Monica Sumner