Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    254 Union St Bennington, VT 05201

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $295,000

    Well-maintained two-family home near shops, dining, and downtown events.

    Lot size:
    0.13 Acres

    Property Features for 254 Union St

    General Information

    Property type
    Investment
    Standard status
    Active
    Lot size
    0.13 Acres

    Building Details

    Year built
    1900

    We can help!

    Listing Contact
    Cassie J Barbeau
    Source: Elliman

    Listing Agent: Cassie J Barbeau

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Income-Producing Two-Family Home

    This well-maintained, solid income-producing two-family home is located in the heart of town, steps from shops, dining, and downtown events. It is suitable for owner-occupants or investors. Each unit features two bedrooms, spacious, light-filled living areas, and an eat-in kitchen. Recent energy-efficient upgrades include newer windows, an oil tank, insulation, and a high-efficiency heating system, helping to keep utility expenses low while enhancing year-round comfort. The property offers separate utilities, off-street parking, private outdoor space, and a strong rental history with consistent cash flow. This two-family checks all the boxes for affordable in-town living with excellent long-term upside.
    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
    Bennington
    County
    Bennington
    State
    Vermont
    Longitude
    -73.1893514
    Latitude
    42.8769956

    Nearby Similar for Sale

    • $499,900
      4.49 Acres

      Versatile Commercial Building on 4.5 Acres

      Commercial building on 4.5 acres in established industrial corridor.
      33 Transport Dr, Bennington, VT 05201
      View Details
    • $825,000
      1.10 Acres

      Historic Commercial Property on Acre+

      Profitable printing company and landmark building for sale in Bennington.
      736 Main St, Bennington, VT 05201
      View Details
    • $499,000
      0.28 Acres

      Versatile Commercial Building in Bennington

      Adaptable commercial property in downtown Bennington with development potential.
      425 Main St, Bennington, VT 05201
      View Details
    • $975,000
      44,193 SF

      Bennington Industrial Building For Sale

      44,193 SF industrial building on 1.47 acres.
      1030 Water St, Bennington, VT 05257
      View Details
    • New
      $399,000
      5,208 SF

      Historic Mixed-Use Property, Bennington

      Mixed-use property with residential and commercial spaces in downtown Bennington.
      126 Washington Ave, Bennington, VT 05201
      View Details
    • New
      $399,000
      5,208 SF

      Historic Mixed-Use Property in Bennington

      Historic Bennington mixed-use property with income potential.
      126 Washington Ave, Bennington, VT 05201
      View Details
    • $975,000
      8,888 SF

      Historic Victorian Multifamily Potential

      Historic Victorian property with residential and mixed-use potential.
      124 Elm St, Bennington, VT 05201
      View Details
    • $2,950,000
      3.00 Acres

      Bennington Multi-Building Redevelopment Opportunity

      Multi-building campus with income and redevelopment potential in Bennington, VT.
      230 School St, Bennington, VT 05201
      View Details
    • $1,250,000
      0.47 Acres

      Historic Inn with Restaurant Lease

      Victorian inn in Bennington with restaurant and expansion potential.
      124 Elm St, Bennington, VT 05201
      View Details
    • $199,000
      1,980 SF

      Renovated Duplex in Downtown Bennington

      Turnkey two-unit investment opportunity in a prime downtown location.
      210 Division St, Bennington, VT 05201
      View Details
    • $295,000
      0.12 Acres

      Mixed-Use Property with Renovation Potential

      Versatile mixed-use property in Bennington, VT with renovation potential.
      318 North St, Bennington, VT 05201
      View Details
    • $825,000

      Historic Building with Printing Business

      Landmark commercial property with established printing company for sale.
      736 Main St, Bennington, VT 05201
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family home near shops, dining, and downtown events.
    Where is this duplex located?
    The property is located at 254 Union St Bennington, VT.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: - Income-producing two-family home in a prime location, steps from shops, dining, and downtown events.; - Energy-efficient upgrades including newer windows, oil tank, insulation, and high-efficiency heating system resulting in low operating costs.; - Strong rental history with consistent cash flow, ideal for investors.
    (802) 375-4786
    Request Owner's contact information
    254 Union St Bennington, VT 05201
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    254 Union St
    Bennington, VT 05201
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    254 Union St Bennington, VT 05201
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Cassie J Barbeau
    (802) 375-4786 (802) 442-8337
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!