2 Arlington Street, Essex Junction, VT 05452
Two-unit duplex with separate covered porches, basement storage, and off-street parking, offering flexible owner-occupant or rental use.
- Added:
- Mar 10, 2026
- Days on Market:
- 107
- Last Refresh:
- Jun 21 at 2:26 am
Property Features for 2 Arlington Street
General Information
- Standard status
- Active
- Size
- 1,840 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1884
Listing agent Lori Dykema (603) 763-4932
Listing office Brian French Real Estate
Listing date Mar 10, 2026
Source Harborlightrealty
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 Brian French Real Estate
HighLights
- Built in 1884, this 2‑unit duplex offers flexible owner‑occupant or rental use.
- Unit mix: first‑floor 2‑bed unit is occupied; second‑floor 3‑bed unit is currently vacant.
- Each level has its own covered porch/deck.
- Full basement includes secure, locked tenant storage, plus additional space.
- Walk‑up attic provides extra storage potential.
- Ample off‑street parking on a level lot at the end of a quiet road.
Overview
The duplex sits on a nice, level lot at the end of a quiet road, with plenty of off-street parking for residents and guests. The first-floor unit is currently occupied, while the second-floor unit is vacant.
From a practical standpoint, this setup can support owner-occupancy with rental income from the occupied unit or serve as a straightforward two-unit investment. Reported annual expenses are $5,250, with first-floor income at $1,800 per month and a $1,800 deposit. The second-floor unit is currently rented at $1,600. The property’s storage provisions, including locked basement storage and a walk-up attic, can also help tenants manage personal items comfortably.
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 | $29.4k | $15.96 |
| − Vacancy | −$335 | −$0.18 |
| EGI | $29.0k | $15.78 |
| − OpEx | −$8.7k | −$4.73 |
| NOI | $20.3k | $11.04 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Essex Junction
- County
- Chittenden
- State
- Vermont
- Longitude
- -73.1033883
- Latitude
- 44.4929724
