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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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1330 & 1340 Grove St , Brandon, VT 05733
$399,000
Est. Payment: $886.67/mo
3 Bed
6 Bath
3323 Sqft
Status: Active | Days on site: 229
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House Description

Well-located 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 house (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 including owner-occupied space. 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

Highlights

Listed by Amey M Ryan , 802-388-4242 IPJ Real Estate , 802-388-4242.

Property Type

Residential

Lot/Acreage
2.04

Year Built

1880

County

Rutland

School District

Rutland Northeast

Listing ID

5074633

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:6
  • Full Bathrooms:1
  • 3/4 Bathrooms:2
  • 1/2 Bathrooms:2
  • 1/4 Bathrooms:1
Appliances:Dishwasher, Dryer, Microwave, Washer, Electric Stove, Water Heater
Air Cond:Mini Split
Fireplaces:
Floor:Carpet,Tile,Wood,Vinyl Plank
Above Ground Sq Ft:3323
Basement:Yes,Concrete Floor,Crawl Space,Partial,Interior Stairs,Storage Space,Unfinished,Walkout,Interior Access,Exterior Access,Basement Stairs
Other:
  • Level 1:1/2 Bathroom, 3/4 Bathroom, Den, Dining Room, Kitchen, Living Room, Primary Bdm Ste, Studio
  • Additional:Ceiling Fan, Dining Area, Fireplace Screens/Equip, Wood Fireplace, 1 Fireplace, Hearth, Primary BR w/ BA, Natural Light, Vaulted Ceiling, Window Treatment, Programmable Thermostat, 1st Floor Laundry

Exterior Features

Lot:Existing
Zoning:Rural
Roof:Shingle,Asphalt Shingle
Others:
  • Additional:Full Fence, Partial Fence, Garden Space, Porch, Covered Porch, Screened Porch, Shed
Sewer:On-Site Septic Exists,Private
Parking Features:Auto Open,Heated Garage,Driveway,Garage,Parking Spaces 1 - 10,Detached
Principal Interest
$887
Taxes
$519

Home Price

$399,000

Loan Details

30 yrs
%

Down Payment

20%
$79,800
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Monthly Price:
$886.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $886.67 $519.16 $0.00 $1,405.83
Yearly $10,640.00 $6,229.96 $0.00 $16,869.96
Total $319,200.00 $186,898.80 $0.00 $506,098.80

Today's Rates

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0%

20 Year

0%

15 Year

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Market insight data is pulled from the same city as the listing being viewed (Brandon, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.