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Updated almost 5 years ago on . Most recent reply
![Jean-Paul E. Gagnon's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1573827/1621513806-avatar-jeanpaule1.jpg?twic=v1/output=image/crop=1080x1080@0x448/cover=128x128&v=2)
St Albans, Vermont: anyone here familiar with this rental market?
I'm thinking about purchasing a triplex in St. Albans, VT. At current rents it has a -$180 cash flow. I BELIEVE that raising the rents to market value will turn this into a positive cash-flow of $400-$500. I'm not having luck confirming this on Craigslist and Rent-o-meter as information on these sites is scarce for this market. Do you know the market? Do you know what I can get for B+ apartments with:
2BR?
3BR?
4BR?
Any advice would be much appreciated!
=)
Most Popular Reply
![Billy Thurston's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1354988/1621511584-avatar-billyt22.jpg?twic=v1/output=image/crop=748x748@0x1/cover=128x128&v=2)
@Jean-Paul E. Gagnon
I have studied this market for about a year.
This is where I would put a B class property
1 BR - $900
2 BR - $1100
3 BR - $1400
Assuming tenet pays all utilities.