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Listing courtesy of PRIME_MLS / Steve Schoppmeyer / BHG Masiello Brattleboro

238 Marlboro

Brattleboro, VT 05301

– beds
– baths
2,880 sqft
16,117 sqft lot
$147 per sqft
1970 build
– on site

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 10% 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 PRIME_MLS / Steve Schoppmeyer / BHG Masiello Brattleboro

Last checked: Checking… • Last updated Apr 2, 2025 •

MLS# 5034591 —

The Building

Year Built:

1970
Pre-Construction:

No
Construction Status:

Existing
Construction Materials:

Wood Frame, Wood Siding
Architectural Style:

Apartment Building
Roof:

Shingle - Asphalt
Foundation:

Concrete
Total Stories:

2.5
Total Units:

6
Approx SqFt Total:

2880
Approx SqFt Total Finished:

2,880 Sqft
Approx SqFt Finished Above Grade:

1,728 Sqft
Approx SqFt Finished Below Grade:

1,152 Sqft
Approx SqFt Finished Building Source:

Public Records
Approx SqFt Finished Above Grade Source:

Public Records
Road Frontage Type:

Paved, Public

Interior

Basement:

Yes
Basement Description:

Finished
Basement Access Type:

Walkout
Room 5 Type:

Leased

Room Dimensions

Room 20 Dimensions:

efficiency
Room 21 Dimensions:

3

Location

Directions:

use GPS
Latitude:

42.864840000001003
Longitude:

-72.612376999999995

The Property

Property Class:

Multi-Family
Seasonal:

No
Lot Features:

Level
Lot SqFt:

16,117 Sqft
Lot Acres:

0 Sqft
Zoning:

SC / S
Driveway:

Gravel
Road Frontage:

Yes
Road Frontage Length:

79 Sqft

Listing Agent

Contact info:

Taxes

Tax Year:

2021
Taxes TBD:

No
Tax - Gross Amount:

$7,591

Beds

Total 2 Bedroom Units:

2

Baths

Total Full Baths:

6
Full Baths Size:

0 Sqft
Three Quarter Baths Size:

3 Sqft
Unit 2 Baths:

1

The Listing

Virtual Tour
Price Per SqFt:

147.57
Foreclosed/Bank-Owned/REO:

No

Heating & Cooling

Heating:

Propane, Gas Heater, Individual, Mini Split
Total Heat Units:

6
Cooling:

Individual, Mini Split
Total Water Heaters:

6

Utilities

Utilities:

Cable - At Site, Telephone At Site
Sewer:

Public
Electric:

Circuit Breaker(s)
Water Source:

Public
Total Gas Meters:

6
Total Electric Meters:

6
Trash:

Owner, Private

Appliances

Appliances:

Water Heater – Gas, Water Heater – Separate
Total Refrigerators:

6

Schools

School District:

Brattleboro School District

The Community

Condo Name:

Monthly
Marina Name:

Monthly
Covenants:

No

Extra Units

Unit 1 Bedrooms:

1
Unit 2 Bedrooms:

1
Unit 3 Bedrooms:

2
Unit 3 Baths:

1
Unit 4 Bedrooms:

2
Unit 4 Baths:

1
Unit 5 Baths:

1
Unit 6 Style:

efficiency
Unit 6 Baths:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Max Internet Speed

Fidium

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
4/2/25 Apr 2, 2025	Listed / Active	PRIME_MLS	$425,000	16.4% (5.6% / YR)
8/5/24 Aug 5, 2024	Listed / Active	PRIME_MLS
4/29/22 Apr 29, 2022		PRIME_MLS	$365,000

Multifamily For Sale

$425,000

Listing provided by broker:

Steve Schoppmeyer

BHG Masiello Brattleboro

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This multifamily located in Brattleboro, VT 05301 is currently for sale for $425,000. 238 Marlboro is a 2,880 square foot multifamily with – beds and – baths that has been on Estately for 1 days. This multifamily is in the attendance area of Brattleboro Area Middle School and Brattleboro Union High School.

Listing Courtesy of: PRIME_MLS and BHG Masiello Brattleboro.

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.