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About This Home

This 3-bedroom, 5-bathroom residential multi family at 1330 & 1340 Grove Street in Brandon, VT is listed for $399,000 ($120 per sqft). Built in 1880, the home offers 3,323 sqft of living space on a 2.04 acres lot.

Agent 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.

Key Features

  • Built in 1880
  • 2.04 acre lot
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
5 full
2 spaces
1880

Monthly Cost Estimate

$2,134/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,729
Insurance$116

Estimates only. Actual payments may vary.

Location

1330 & 1340 Grove Street

Brandon, VT 05733

Property Details

Flooring

CarpetTileVinylWood

Parking

GaragePaved or Surfaced

Heating

Electric (Heating)OilPropane (Heating)

Cooling

Zoned

Appliances

RangeRefrigerator

Questions & Answers

This 3-bedroom, 5-bathroom residential multi family at 1330 & 1340 Grove Street is listed at $399,000 ($120/sqft). The estimated monthly payment is $1,729 based on 20% down at 6.5% interest.

Key features include: Built in 1880, 2.04 acre lot, 2 stories, 2 parking spaces.

This property is listed by Amey Ryan and can be reached at 8023884242x203 or amey@middvermontrealestate.com.

AR

Amey Ryan

Agent at IPJ Real Estate

8023884242x203

Listed by IPJ Real Estate · View on Broker Site

MLS# 5074635· Source: listhub· Updated 130 days ago

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1330 & 1340 Grove Street, Brandon, VT 05733

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