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    2 Arlington Street Essex Junction, VT 05452

    View on Map
    New
    For Sale
    $375,000

    Multi-Family - Essex Junction, VT

    Property size:
    1,840 SF
    Lot size:
    0.25 Acres
    Added:
    Apr 3, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 4 at 2:06 pm

    Property Features for 2 Arlington Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Residential
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    EntryLevel
    Unit 1: 1,Unit 2: 2
    Basement Y/N
    1
    Appliances
    Range, Refrigerator
    Standard status
    Active
    Size
    1,840 SF
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    8121.7

    Utilities

    Heating system
    Baseboard, Hot Water (Heating), Natural Gas

    Building Details

    Year built
    1884
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Hardwood, Vinyl
    Roof type
    Membrane, Metal, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Lori Dykema

    Listing agent Lori Dykema

    Listing office Brian French Real Estate 1993 Williston Rd, South Burlington, VT

    Listing date Apr 3, 2026

    MLS# 5082084 Listing URL

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Solid Duplex in Essex Junction

    This well-built duplex presents an investment or owner-occupant opportunity. The property features a first-floor unit with 2 bedrooms and a second-floor unit with 3 bedrooms, offering flexible living arrangements. Each unit includes its own covered porch or deck. The property has a full basement with secure, locked storage for tenants, and additional space. A walk-up attic provides further storage potential. Originally designed as a single-family home, the layout allows for potential conversion back to its original design. Situated on a level lot at the end of a quiet road, the property offers off-street parking and a peaceful setting. The property has low operating costs and the potential to increase rents to market rates. The second-floor unit is currently vacant, while the first-floor unit is occupied. The property is located in Essex Junction, Vermont, on a 0.25-acre lot. The building size is 1840 square feet. The property is zoned for residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Essex Junction
    County
    Chittenden
    State
    Vermont
    Longitude
    -73.1033883
    Latitude
    44.4929724

    Nearby Similar for Sale

    • $649,000

      Mixed-Use Investment in Essex Junction

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      View Details
    • $614,900

      Essex Junction Duplex Investment Opportunity

      Duplex in convenient location near Essex Junction's Five Corners.
      4 Brickyard Rd 4E & 4W, Essex Junction, VT 05452
      View Details
    • $1,950,000
      23,000 SF

      Industrial Property with Long-Term Tenant

      23,000 SF industrial building with single tenant through 2034.
      1 Gero Ct, Essex Junction, VT
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    • $450,000
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      Historic Building on Route 15

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      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex with income potential and flexible living arrangements.
    Where is this duplex located?
    The property is located at 2 Arlington Street Essex Junction, VT.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Strong investment opportunity with potential to increase rents and low operating costs.; Duplex featuring a 2‑bedroom first‑floor unit and a 3‑bedroom second‑floor unit for flexible living.; **Second‑floor unit is vacant, allowing for immediate rental income or owner occupancy.**
    (802) 862-6433
    We can help!
    Listing Contact
    Lori Dykema
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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