1330 & 1340 Grove Street Brandon, VT
$399,000
Beds 3
Baths 1
Square Footage 3,323
Acres 2.04
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.
Listed by IPJ Real Estate, Amey Ryan 802-989-8156
Details
MLS 5074635
Price $399,000
Status Active
DOM 233 days
Type Multi-Family
Style Studio, Freestanding, Conversion, Apartment Building, Multi-Level, Multi-Family, Farmhouse, Colonial
Beds 3
Baths 1 full baths
Square Feet 3,323 sqft
Lot Size 2.04 acres
Year Built 1880
Taxes Paid $6,229
Lot & Building Features
Appliances Tank Water Heater, Owned Water Heater, Water Heater
Utilities Cable
Construction Clapboard Exterior, Wood Siding
Cooling Mini Split
Heating Electric, Propane, Oil
Parking Description Unpaved, Parking Spaces 1 - 10, Heated Garage, Detached, Auto Open, Paved, Garage, Driveway
Sewer Private
Tax Year 2025
Taxes Paid $6,229
Water Private, Drilled Well
Basement Description Partial, Crawl Space, Basement Stairs, Storage Space, Exterior Access, Walkout, Interior Access, Interior Stairs, Unfinished
Foundation Stone, Concrete
Lot Description Near Golf Course, Sloping, Mountain View, Near Skiing, Near School(s), Near Shopping, Landscaped
Roof Shingle, Asphalt Shingle
Features Exterior Partial Fence, Screened Porch, Porch, Covered Porch, Shed, Garden Space
Garage Yes
Unit Features
Unit 1 Baths 1
Unit 1 Bedrooms 0
Unit 1 Info Sunroom, Electric, Mudroom, Heat, Hot Water, Storage, CO Detector, Deck, Microwave, Smoke Detector
Unit 1 Lease Term Month to Month
Unit 1 Level Number 1st Floor
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 400.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 4
Unit 1 Status Leased
Unit 1 Style Studio
Unit 1 Tenant Pays Internet Service, Heat, Electric
Unit 1 Total Area 1014
Unit 2 Baths 1
Unit 2 Bedrooms 1
Unit 2 Info Air Conditioner, Oil Heat, CO Detector, Deck, Washer, Dryer, Smoke Detector, Electric Range
Unit 2 Lease Term Month to Month
Unit 2 Level Number 2nd Floor
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 950.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 1
Unit 2 Status Leased
Unit 2 Style Studio Apartment
Unit 2 Tenant Pays Heat, Electric
Unit 2 Total Area 576
Unit 3 Baths 3
Unit 3 Bedrooms 2
Unit 3 Info Den, Primary BR w/ BA, Air Conditioner, Heat, Ceiling Fan, Oil Heat, Dryer, Washer, Dishwasher, Appliances Included, Electric Range, Refrigerator
Unit 3 Lease Term Month to Month
Unit 3 Level Number 1&2
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 825.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 7
Unit 3 Status Leased
Unit 3 Tenant Pays Heat, Electric
Unit 3 Total Area 1733
Schools
Elementary School Neshobe Elementary School
Junior High School Otter Valley UHSD 8 (Rut)
Senior High School Otter Valley UHSD #8
Multi-Family Home for Sale: 1330 & 1340 Grove Street, Brandon, VT 05733
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Financing
$
6.75%
$
$
$
per month
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