Duplex with Covered
2 Arlington Street, Essex Junction, VT 05452
MULTI_FAMILY - Other - Essex Junction, VT
Property size:
1,840 SFLot size:
0.25 AcresPrice / SF:
$203/SF- Added:
- Apr 3, 2026
- Days on Market:
- 63
- Last Refresh:
- Jun 4 at 11:06 am
Property Features for 2 Arlington Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Basement, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2
- Parking features
- Driveway, Paved or Surfaced, Off Street
- Patio and Porch features
- Porch
- Exterior features
- Covered Porch
- Appliances
- Electric Water Heater
- Standard status
- Active
- Size
- 1,840 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8122
Utilities
- Heating system
- Baseboard, Natural Gas, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1884
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Vinyl, Carpet
- Building materials
- Wood Frame, Wood Siding
- Roof type
- Shingle, Membrane, Metal
- Architectural style
- Other
Listing agent Lori Dykema (802) 862-6433
Listing office Brian French Real Estate 1993 Williston Rd, South Burlington, VT (802) 862-6433
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.
HighLights
- Duplex built in 1884 with flexible layout: 1st‑floor unit has 2 bedrooms and 2nd‑floor unit has 3 bedrooms
- Both levels feature their own covered porch/deck area
- Full basement includes secure, locked tenant storage plus additional space
- Walk‑up attic adds extra storage space
- Heating includes natural gas hot water with baseboard heat; electric water heater
- Off‑street parking with a paved/surfaced driveway; public water service
Overview
This well-built duplex offers two separate living levels. The first-floor unit has 2 bedrooms and is currently occupied, while the second-floor unit has 3 bedrooms and is currently vacant. Each level includes its own covered porch/deck, providing outdoor space for residents. The property also features a full basement with secure, locked storage for tenants, plus additional space. A walk-up attic adds further storage, and the original layout allows for the option to convert back to a single-family configuration if desired.
Located on a nice level lot at the end of a quiet road in Essex Junction, Vermont, the home provides off-street parking and a more private setting. Zoning is listed as Residential.
For tenants, the property supports straightforward, level-by-level occupancy with dedicated basement storage. For owner-occupants or investors, the current setup offers immediate use of the occupied first-floor unit alongside the ability to live on one level while the other remains ready for rental. Reported expense information is $5,250 annually, and the first-floor unit is listed at $1,800 per month based on the provided deposit and income details.
Located on a nice level lot at the end of a quiet road in Essex Junction, Vermont, the home provides off-street parking and a more private setting. Zoning is listed as Residential.
For tenants, the property supports straightforward, level-by-level occupancy with dedicated basement storage. For owner-occupants or investors, the current setup offers immediate use of the occupied first-floor unit alongside the ability to live on one level while the other remains ready for rental. Reported expense information is $5,250 annually, and the first-floor unit is listed at $1,800 per month based on the provided deposit and income details.
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 |
1,840 SF · lease $15.96/SF/yr · vacancy 1.14% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$290.3K
$254.0K – $338.7K
NOI $20,322 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$257.1K
$225.0K – $300.0K
NOI $17,997 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$504.7K
$441.6K – $588.8K
NOI $35,328 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Essex Junction
- County
- Chittenden
- State
- Vermont
- Longitude
- -73.103367
- Latitude
- 44.492949
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-unit duplex with separate covered porches, full basement storage, and off-street parking for flexible owner-occupant living.
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: Duplex built in 1884 with flexible layout: 1st‑floor unit has 2 bedrooms and 2nd‑floor unit has 3 bedrooms; Both levels feature their own covered porch/deck area; Full basement includes secure, locked tenant storage plus additional space
