1330 & 1340 Grove Street Brandon VT Multi Family For Sale $449000

List Price: $449,000 | $135 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 1 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Thursday Jan 22, 2026 | MLS# 5074635

To see this Listing

call
603-643-3942

Email Star Johnson

Address: 1330 & 1340 Grove Street Brandon VT
Listed by Amey Ryan IPJ Real Estate Cell: 802-989-8156
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.

Annual Expenses

Taxes: $6,230

Income

Appliances : Owned Water Heater | Tank Water Heater | Water Heater

UNIT 2 INFORMATION

Beds: 1
Baths: 1
Rooms: 1
Sq.Ft.: 576
Level: 2nd Floor
Info : Air Conditioner,CO Detector,Deck,Dryer,Oil Heat,Electric Range,Smoke Detector,Washer
Tenant Pays : Electric,Heat
Rent : 950.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes

UNIT 3 INFORMATION

Beds: 2
Baths: 3
Rooms: 7
Sq.Ft.: 1733
Level: 1&2
Info : Air Conditioner,Appliances Included,Ceiling Fan,Den,Dishwasher,Dryer,Heat,Oil Heat,Primary BR w/ BA,Electric Range,Refrigerator,Washer
Tenant Pays : Electric,Heat
Rent : 825.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased

Exterior Color: White
Roof: Shingle | Asphalt Shingle
Seasonal: No

Additional Information
Docs Available : Property Disclosure | Septic Design | Tax Map
Easement - Unknown
Taxes $6,230
Assesed Value Not Reported

Schools
School District: Rutland Northeast
Elementary School: Neshobe Elementary School
Middle School: Otter Valley UHSD 8 (Rut)
High School: Otter Valley UHSD #8

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942
CONTACT STAR

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