Turnkey Duplex with Private
158 - 160 Northside Dr Shelburne, VT 05482
158 - 160 Northside Dr, Shelburne, VT, 05482
$650,000
For Sale
$650,000
Two identical 2-bedroom, 2-bath units with appliances included, private decks, and separate utilities for straightforward tenant management.
Property Size1,768 SF
Lot Size0.67 Acres
Price / SF$367.65
Days on Market20
Property Features for 158 - 160 Northside Dr
General Information
- Standard status
- Active
- Size
- 1,768 SF
- Lot size
- 0.67 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 2013
Listing Agency
KW Vermont
(802) 782-3490
Listed by
Cole Elwood
(802) 782-3490
Source
Elliman
Added: Jul 2 Updated: Jul 10 at 2:11 pm Checked: Jul 20 at 4:08 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Vermont
Investment Insights
Based on property information with market context.
Built in 2013 by Huntington Homes, this turnkey duplex contains two identical townhouse-style units, each with 2 bedrooms and 2 bathrooms. Each unit is approximately 884 square feet and is offered with appliances included, including a washer, dryer, dishwasher, stove, and refrigerator, which helps simplify move-ins and leasing. The layout is supported by a private deck for each unit and a secured storage building on the property. Utilities are separated with electric, gas, and water meters, and the home uses natural gas heat along with public water and sewer. A paved driveway provides ample parking, and the overall site is well-suited to day-to-day operations.
Located in Shelburne, the property is described as being minutes from shopping, public transportation, and everyday amenities, while also feeling set apart with a stream running through the level portion of the lot and regular local wildlife activity. The lot is listed as 0.67 acres, and the community is described as low-maintenance. The bikeScore is 56, walkScore is 21, and transitScore is 26, indicating a more car-dependent pattern with some transit.
For an investor or owner-operator, the duplex is currently generating $48,900 in gross annual income, with tenants paying their own usage through separate meters. If you’re looking to expand, the identical sister property at 136-138 Northside Drive is also available for acquisition as a combined four-unit portfolio. An open house is scheduled for Sunday 6/28 from 12–2 pm.
Located in Shelburne, the property is described as being minutes from shopping, public transportation, and everyday amenities, while also feeling set apart with a stream running through the level portion of the lot and regular local wildlife activity. The lot is listed as 0.67 acres, and the community is described as low-maintenance. The bikeScore is 56, walkScore is 21, and transitScore is 26, indicating a more car-dependent pattern with some transit.
For an investor or owner-operator, the duplex is currently generating $48,900 in gross annual income, with tenants paying their own usage through separate meters. If you’re looking to expand, the identical sister property at 136-138 Northside Drive is also available for acquisition as a combined four-unit portfolio. An open house is scheduled for Sunday 6/28 from 12–2 pm.
Key Highlights
- Duplex built in 2013 by Huntington Homes with two identical 2‑bed, 2‑bath townhouse units, 884 SF each
- Appliances included in each unit: washer, dryer, dishwasher, stove, and refrigerator
- Each unit has a private deck and there is a secured storage building on site
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.2k | $15.96 |
| − Vacancy | −$322 | −$0.18 |
| EGI | $27.9k | $15.78 |
| − OpEx | −$8.4k | −$4.73 |
| NOI | $19.5k | $11.04 |
1,768 SF · lease $15.96/SF/yr · vacancy 1.14% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$279.0K
$244.1K – $325.5K
NOI $19,527 @ 7.0% cap · market cap 3.00%
Second Best
Apartment 5plus
$247.0K
$216.2K – $288.2K
NOI $17,293 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$484.9K
$424.3K – $565.8K
NOI $33,946 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two identical 2-bedroom, 2-bath units with appliances included, private decks, and separate utilities for straightforward tenant management.
Where is this duplex located?
The property is located at 158 - 160 Northside Dr Shelburne, VT.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Duplex built in 2013 by Huntington Homes with two identical 2‑bed, 2‑bath townhouse units, 884 SF each; Appliances included in each unit: washer, dryer, dishwasher, stove, and refrigerator; Each unit has a private deck and there is a secured storage building on site
