$449,000 ($135.12 per sqft)

Est. Mortgage $2,125/mo *

Quick Pre-Approval

Listing courtesy of Amey Ryan, IPJ Real Estate Cell: 802-989-8156


1330 & 1340 Grove Street, Brandon, VT, 05733

1330 & 1340 Grove Street, Brandon, VT, 05733

12 rooms

3 beds

1 Full baths

1880

Apartment Building, Colonial, Conversion, Farmhouse, Freestanding, Multi-Family, Multi-Level, Studio

3,323 sqft

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.


Status:

Active

Type:

Multi-family

Units:

3

Zoning:

Rural

Frontage:

616

Garage:

2-car Garage

Heating:

Propane, Oil, Electric

Cooling:

Mini Split

Basement:

Crawl Space, Partial, Interior Stairs, Storage Space, Unfinished, Walkout, Interior Access, Exterior Access, Basement Stairs

Parking:

Auto Open, Heated Garage, Detached, Driveway, Garage, Parking Spaces 1 - 10, Paved, Unpaved

Acreage:

2.04

Est. Taxes:

$6,230

Assessment

$220,600

Lot Description:

Landscaped,Mountain View,Sloping,Water View,Near Golf Course,Near Shopping,Near Skiing,Near School(s)

Elementary School:

Neshobe Elementary School

Middle School:

Otter Valley UHSD 8 (Rut)

High School:

Otter Valley UHSD #8

School District:

Rutland Northeast

MLS #:

5074635


Community Info

School Info

Walk Score

Mass Transit

Yelp