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 10%+ 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!
Operating Expenses : Insurance,Maintenance,Sewer,Snow Removal,Trash,Water/Sewer
Construction: Vinyl Exterior
Year Built: 1900
Style: Colonial
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3443
Above Grade Sq.Ft.: 2637
Below Grade Sq.Ft.: 806
Basement: Concrete
Roof: Asphalt Shingle
Seasonal: No
Heating: Propane
Cooling: None
Electric: On-Site
Utilities: Propane
Electric Meters:
Water: Public
Sewer: Public
Land Information
In Town
Lot size: 1.5 acres
Zoned: Residential)
Surveyed: Unk
Flood Zone: No
Road Frontage: 50
Driveway: Crushed Stone