Turnkey Duplex Income
136-138 Northside Drive Shelburne, VT 05482
136-138 Northside Drive, Shelburne, VT, 05482
$650,000
Pending
For Sale
$650,000
Pending
Built in 2013, the duplex offers two identical 2-bedroom, 2-bath units with private decks and separate utilities.
Property Size2,380 SF
Lot Size0.78 Acres
Days on Market30
Property Features for 136-138 Northside Drive
General Information
- Standard status
- Pending
- Size
- 2,380 SF
- Lot size
- 0.78 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 2013
Listing agency
KW Vermont
(802) 782-3490
Listed by
Cole Elwood
(802) 782-3490
Source
Compass
Added: Jun 24 Updated: Jul 22 at 4:06PM Checked: Jul 22 at 4:06PM
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.
Constructed in 2013 by Huntington Homes, this turnkey duplex includes two identical townhouse-style units, each with 2 bedrooms and 2 baths. Each unit is delivered with appliances including a washer, dryer, dishwasher, stove, and refrigerator, supporting straightforward leasing. The property also features private decks and a secured storage building, along with separate utility metering for electric, gas, and water so tenants cover their own usage. Natural gas heating and public water and sewer services are in place.
The duplex sits on a 0.78-acre lot with a paved driveway and ample parking. Public remarks note a Shelburne location with convenient access to shopping, public transportation, and everyday amenities.
Currently generating $49,800 in gross annual income with one unit leased and one vacant, providing flexibility for immediate occupancy or owner use.
The duplex sits on a 0.78-acre lot with a paved driveway and ample parking. Public remarks note a Shelburne location with convenient access to shopping, public transportation, and everyday amenities.
Currently generating $49,800 in gross annual income with one unit leased and one vacant, providing flexibility for immediate occupancy or owner use.
Key Highlights
- Duplex built in 2013 by Huntington Homes with two identical 2‑bedroom, 2‑bath townhouse‑style units
- 884 SF per unit; total 2 stories with 8 rooms above ground
- Each unit includes appliances: washer, dryer, dishwasher, stove, and refrigerator
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 | $38.0k | $15.96 |
| − Vacancy | −$433 | −$0.18 |
| EGI | $37.6k | $15.78 |
| − OpEx | −$11.3k | −$4.73 |
| NOI | $26.3k | $11.04 |
2,380 SF · lease $15.96/SF/yr · vacancy 1.14% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$375.5K
$328.6K – $438.1K
NOI $26,286 @ 7.0% cap · market cap 4.04%
Second Best
Apartment 5plus
$332.6K
$291.0K – $388.0K
NOI $23,279 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$652.8K
$571.2K – $761.6K
NOI $45,696 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Built in 2013, the duplex offers two identical 2-bedroom, 2-bath units with private decks and separate utilities.
Where is this duplex located?
The property is located at 136-138 Northside Drive 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‑bedroom, 2‑bath townhouse‑style units; 884 SF per unit; total 2 stories with 8 rooms above ground; Each unit includes appliances: washer, dryer, dishwasher, stove, and refrigerator
