Price Change! reduced by $50,000 on May 15th 2026
$399,000 | $120 per sq.ft. | MLS# 5074635
A
3
Unit Multi Family Home, 1330 & 1340 Grove Street Brandon VT
With 1 - One Bedroom Units | 1 - Two Bedroom Units
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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.
Appliances : Owned Water Heater | Tank Water Heater | Water Heater
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Annual Expenses
Taxes: $6,230 |
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Income
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UNIT 2 INFORMATION
Beds: 1Baths: 1Rooms: 1Sq.Ft.: 576Level: 2nd FloorInfo : Air Conditioner,CO Detector,Deck,Dryer,Oil Heat,Electric Range,Smoke Detector,WasherTenant Pays : Electric,HeatRent : 950.00 MonthlyLease Term : Month to Month Signed Lease : Yes
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UNIT 3 INFORMATION
Beds: 2Baths: 3Rooms: 7Sq.Ft.: 1733Level: 1&2Info : Air Conditioner,Appliances Included,Ceiling Fan,Den,Dishwasher,Dryer,Heat,Oil Heat,Primary BR w/ BA,Electric Range,Refrigerator,WasherRent : 825.00 MonthlyStatus : Leased
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FEATURES AND DETAILS
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CONSTRUCTION: Clapboard Exterior | Wood Siding | Exterior Color White | Price Per SQ.FT. 120.07 | Year Built: 1880
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LAND DESCRIPTION:
LOT DESCRIPTION: Landscaped | Mountain View | Sloping | Water View | Near Golf Course | Near Shopping | Near Skiing | Near School(s)
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Avail.Sq.Ft.: 2
Livable Space: 3323
Above Grade Sq.Ft.: 3323
Below Grade Sq.Ft.: 0
Heating: Propane | Oil | Electric
Cooling: Mini Split
Electric: 150 Amp Service | Circuit Breaker(s)
Style: Apartment Building | Colonial | Conversion | Farmhouse | Freestanding | Multi-Family | Multi-Level | Studio
Roof: Shingle | Asphalt Shingle
Water: Drilled Well | Private
Sewer: Private
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Lot size: 2.04 acres
Zoned: Rural
Surveyed: Unk
Flood Zone: No
Seasonal: No
Road Frontage: 616
Driveway: Gravel | Paved
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ADDITIONAL INFORMATION
Docs Available : Property Disclosure | Septic Design | Tax Map
Taxes $6,230 | Assesed Value $220,600 in |
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SCHOOLS
School District: Rutland Northeast
Elementary School: Neshobe Elementary School
Middle School: Otter Valley UHSD 8 (Rut)
High School: Otter Valley UHSD #8 |
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15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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Copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed.
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personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated June 12th, 2026
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