210 Elliot St Brattleboro, VT 05301

Price
Not For Sale
Last Update
Feb 20th, 2020
Type
Off Market
Status
Off Market
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3590 sqft
Off Market

Snapshot

Property Type
Single Family Attached
Lot Size
0.34 acres
Property Sqft
3,590
MLS Number
4765766
Year Built
1890
Days On Market

Description

4 unit investment property in downtown Brattleboro. 3 two bedroom units and 1 three bedroom unit ideal for owner occupant that would like the income to pay for the residence. This is one of those "hands off" investment properties for the Land Lord/owner. All utilities are separated and paid for by the tenants. Each has their own HW and propane heat source and has separately metered electric meters. The newest tenant moved in 4 years ago and the other three have been there for 17 plus years and the rents have only had one rent increase over the years and are drastically under market. Even with the below market rents the building offers a CAP Rate of 11. At market rents the CAP Rate would be in the range of 15!! The building has had SEVCA energy efficiency upgrades including attic insulation and high density foam sprayed on the interior basement wall along with a vapor barrier. The structure appears solid but is a little rough around the edges in terms of light carpentry and paint needed. Exterior is vinyl siding and slate roofing. Listed $45,000 below the current town assessed value. A great opportunity for those looking to acquire their first investment property OR for seasoned investors looking to add to the portfolio. 48 hours required for showings.

More Details

Provider
Better Homes and Gardens-The Masiello Group
MLS ID
MASIELLOGROUP
MLS Name
Better Homes and Gardens-The Masiello Group
MLS Number
4765766
Source
listhub
PARTICIPANT
Name
Chris Long
Primary Phone
(802) 257-1111
Key
3YD-MASIELLOGROUP-070900485
Email
cjlong@masiello.com
BROKER
Name
Better Homes and Gardens-The Masiello Group
Phone
(800) 741-1540
OFFICE
Name
Brattleboro, Vermont
Phone
(802) 257-1111
Copyright © 2024 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listing Removed For Sale$169,000 $47Brattleboro, Vermont
Listed For Sale$169,000 $47Brattleboro, Vermont
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Nearby Schools

Elementary School

Green Street School

0.1 miles awayKG - 06

Elementary School

Canal St - Oak Grove Schools

0.8 miles awayKG - 06

High School

Brattleboro Sr. Uhsd #6

0.9 miles away09 - 12
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