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Brie Stephens

[email protected] +1(603) 819-8071

Listed by Amey M Ryan • IPJ Real Estate • Cell: 802-989-8156

$ 399,000

Est. payment -/mo

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Price Dropped by $25K

1330 & 1340 Grove ST Brandon, VT 05733

3 Beds

5 Baths

3,323 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,323 sqft

Price per Sqft $120

MLS Listing ID 5074635

Bedrooms 3

Full Baths 5

Construction Status Existing

Year Built 1880

Annual Tax Amount $6,229

Tax Year 2025

Lot Size 2.040 Acres

Acres 2.04

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.

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning Rural

Rooms

Basement Entrance Interior

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

Interior

Cooling Mini Split

Flooring Carpet, Tile, Wood, Vinyl Plank

Exterior

Garage Spaces 2.0

Utilities Available Cable

Roof Type Shingle,Asphalt Shingle

Building

Story 2

Sewer Private

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

Construction Status Existing

Schools

Elementary Schools Neshobe Elementary School

Middle Schools Otter Valley Uhsd 8 (Rut)

High Schools Otter Valley Uhsd #8

School District Rutland Northeast

Others

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