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!
| MLS # | 5088962 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Year | 1900 |
| Days On Site | 102 |
| Listing Provided By | Sugarhouse Real Estate | Michael Gilman |
| Garage | 2 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | Residential |
| Acreage | 1.50 |
| Rooms Total | 0 |
|---|---|
| Cooling | None |
| Heating | Propane |
| Roof | Asphalt Shingle |
|---|---|
| Construction Materials | Vinyl Exterior |
| Foundation Details | Concrete |
| Lot Features | In Town |
| Garage Yes / No | Yes |
|---|
| Utilities | Propane |
|---|---|
| Electric | On-Site |
| Sewer | Public Sewer |
| Tax Annual Amount | 3762.71 |
|---|---|
| Tax Year | 2025 |
| State | VT |
|---|---|
| County | Rutland |
| City | Brandon |
| Zip Code | 05733 |
| Area | VT Rutland |
| Listing VS Median (in 05733) | |
Price: $395,000 low | high Med: $0 On site: 102 low | high Med: | |
| State | VT |
|---|---|
| County | Rutland |
| City | Brandon |
| Zip Code | 05733 |
| Area | VT Rutland |
| Listing VS Median (in 05733) | |
Price: $395,000 low | high Med: $0 On site: 102 low | high Med: | |