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1330 & 1340 Grove Street, Brandon, VT 05733

$449,000
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Active
BEDS3 BATHS5 full SQUARE FEET3,323 MLS#5074635
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLRutland Northeast

Listing Courtesy of: IPJ Real Estate
Agency Contact: Cell: 802-989-8156
Associate Name: Amey Ryan
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Property Description

Well-located mixed-use investment property along the Route 7 corridor, equidistant between Middlebury and Rutland and just minutes from downtown Brandon. The main building features a street-level commercial space currently operating as a successful yoga/pilates studio (with specialized heating for hot yoga), offering excellent visibility and ample on-site parking. Residential components include a two-bedroom apartment (7 total rooms) in the main building and a detached garage with a one-bedroom studio apartment above, providing multiple income streams and flexible use options. The property offers sunset views and a peaceful setting with a cemetery across the street, while remaining conveniently close to Brandon's shops, dining, and community amenities. Ideal for investors seeking a combination of commercial and residential income in a central Vermont location or an owner-occupied property with help carrying the costs by supplementing with rental income. Maybe you're looking for a recreational get-away? A property that allows you a home-away-from-home with easy access to places like Killington/Pico, Okemo, Stowe, Rikert Touring Center or miles of paved and gravel roads nearby for biking and plenty of peaks to climb! Room and bathroom counts, as well as square footage totals on this listing are for all three units. Main Apt: 2 bedrooms (one is on main floor) and an office with a closet, 3/4 bath, full bath, kitchen, living, dining and family room. Studio: studio space, body work room, entry, changing rooms, shower stall is separate from the 1/2 bath. Garage studio apt above 2 bay heated garage: kitchen, living area, bedroom area and 3/4 bath. Rents are currently below fair market rent but the residential tenants will be moving soon so there is opportunity to increase cash flow.

1330 & 1340 Grove Street | MLS# 5074635

This multi-family property located at 1330 & 1340 Grove Street, Brandon, VT 05733 is currently listed for sale with an asking price of $449,000. & 1340 Grove Street is located within the Rutland Northeast school district. Search Brandon real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Crawl Space, Partial, Interior Stairs, Storage Space, Unfinished, Walkout, Interior Access, Exterior Access, Basement Stairs
Cooling: Mini Split
Fenced: Yes
Garage: 2
Heating: Propane, Oil, Electric
Home Style: Apartment Building, Colonial, Conversion, Farmhouse, F
Lot Size: 2.04 Acres
Roof Type: Shingle, Asphalt Shingle
Stories: 2.0
Taxes: $6,229
Year Built: 1880

Units

Unit 1:
Bathroom(s): 1
Rent: $400.00
Square Footage: 1014
Unit 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $950.00
Square Footage: 576
Unit 3:
Bathroom(s): 3
Bedrooms: 2
Rent: $825.00
Square Footage: 1733

Amenities

Partial Fence 
Garden Space
Porch
Covered Porch
Screened Porch
Shed

Feature Descriptions

Color: White
Construction: Clapboard Exterior, Wood Siding
Construction Status: Existing
Days on Site: 53
Driveway: Gravel, Paved
Driveway: Gravel, Paved
Electric: 150 Amp Service, Circuit Breaker(s)
Exterior: Clapboard Exterior, Wood Siding
Flood Zone: No
Flooring: Carpet, Tile, Wood, Vinyl Plank
Foundation: Concrete, Stone
Foundation: Concrete, Stone
Lot: Landscaped, Mountain View, Sloping, Water View, Near Golf Course, Near Shopping, Near Skiing, Near School(s)
Parking: Auto Open, Heated Garage, Detached, Driveway, Garage, Parking Spaces 1 - 10, Paved, Unpaved
Roads: Paved, Public, Public Maintained Road
Sewer: Private
Sq. Ft. Above Grade Finished: 3323
Sq. Ft. Below Grade Unfinished: 1448
Sq. Ft. Total Finished: 3323
Total Stories: 2
Units: 3
Water: Drilled Well, Private
Zoning: Rural

Local Schools

High School: Otter Valley UHSD #8
Middle School: Otter Valley UHSD 8 (Rut)
Elementary School: Neshobe Elementary School
School District: Rutland Northeast

Listed By / Shown By

Listed By

Agency Name: IPJ Real Estate
Agency Contact: Cell: 802-989-8156
Agent Name: Amey Ryan

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Estimated Payment

$ 1,649.32 per month $999.28 Principal & Interest $519.08 Property Tax $130.96 Homeowner's Insurance

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