Building Details

Year Built 1850

Listing Agency: Josiah Allen, Dorset (802-867-5555) l***@josiahallen.com Show Phone

Listed By: Laura Beckwith · License #0810003638 Show Phone

Source: Josiahallen

Added: Mar 15 Changed: Aug 28 Last Checked: Aug 29 at 10:46AM

Report an Issue

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 Josiah Allen, Dorset (802-867-5555)

Investment Insights

Based on property information with market context.

This five-unit residence, totaling 3,030 square feet, is located in Dorset Village. The building features a poured concrete foundation. The property includes a mix of one-bedroom and studio apartments. The configuration allows for alterations to create different living arrangements, such as converting a one-bedroom unit into a two-bedroom unit. The main level studio has the potential to be converted into a commercial office or other business configuration. The seller occupies a one-bedroom unit with a fireplace, eat-in kitchen, and bath, and exclusively uses the basement with laundry facilities. Four units have private entrances. The seller suggests that rental rates are reasonable, with potential for upward adjustment. The property offers options for multi-unit investment, owner-occupied investment, or reinstatement to its original use as a primary residence with a separate rental unit and a one-plus bay garage. The current income does not include the owner's quarters. Investors considering vacation rentals should consult Dorset's short-term rental guidelines at dorsetvt.org. The square footage of the units is approximate, based on the town listers card.

Key Highlights

• Unique 5‑unit property in Dorset Village with commercial zoning, offering diverse usage possibilities.
• Newly installed poured concrete foundation, ensuring a dry and clean basement.
• Flexible unit configuration; easily altered to create different living arrangements or commercial space.

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Bakery (Bike/Boat/Book/etc) Store Skin Care Clinic Restaurant Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

72

Businesses Nearby

Explore this area Business Placement

Demographics for 05251, VT

1,564

Population

1,173

Households

1.3

Avg Household Size

55

Median Age

70%

College-Educated

99%

High-School Grad

41.6 sq mi

ZIP Area

38

Density / Sq Mi

$102,216

Median Household Income

$41,971

Median Earnings

$1,554

Median Rent

$463,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

Apartment building - Five-unit residence with commercial potential in Dorset Village.

Where is this apartment building located?

The property is located at 3191 Route 30 Dorset, VT.

What is the asking price?

The asking price for this property is $939,000.

What are key features of this property?

This property features: Unique 5‑unit property in Dorset Village with commercial zoning, offering diverse usage possibilities.; Newly installed poured concrete foundation, ensuring a dry and clean basement.; Flexible unit configuration; easily altered to create different living arrangements or commercial space.