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    Two-Family Residential Income Title is generated by Realmo AI

    556 S Main Street, Brattleboro, VT 05301

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    For Sale
    $270,000

    MULTI_FAMILY - Other - Brattleboro, VT

    Property size:
    2,112 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $127/SF
    Added:
    Aug 25, 2022
    Days on Market:
    1380
    Last Refresh:
    Jun 4 at 8:06 am

    Property Features for 556 S Main Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R!
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 6, Basement, Bedroom 2
    Parking features
    On Street, Paved or Surfaced, Off Street, Driveway, RV
    Patio and Porch features
    Porch
    Exterior features
    Partial Fence, Garden Space, Covered Porch
    Fencing
    Partial
    Appliances
    Electric Water Heater, Water Heater
    Standard status
    Active
    Size
    2,112 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4195

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air, Oil
    Water source
    Public

    Building Details

    Year built
    1910
    Floors in Building
    3
    Number of units
    2
    Flooring type
    Vinyl, Wood
    Building materials
    Wood Frame, Asbestos Exterior, Shingle Siding
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Christine Lewis

    Listing agent Christine Lewis

    Listing office Brattleboro Area Realty 402 Canal St., Brattleboro, VT

    Listing date Aug 25, 2022

    MLS# 4926981 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

    • Two‑family home built in 1910 with wood frame construction
    • Two 2–3 bedroom units in a duplex layout with 6 bedrooms total and 2 bathrooms
    • Yard with garden space, plus covered porch and porch
    • Off‑street parking and driveway, with additional RV parking
    • Utilities include cable available; public water supply
    • Heating includes forced air and oil; roof is shingle siding with shingle roof

    Overview

    This two-family property at 556 S Main Street in Brattleboro includes two residential units, each with two- to three-bedroom layouts. The home sits on a 0.15-acre lot and totals 2,112 square feet, with a “nice yard” and off-street parking described in the remarks. Please note that no interior photos are available due to tenant privacy. The seller requests respect for a 48-hour notice for tenants when scheduling showings.

    The offering includes the duplex itself; the vacant lot next door is not part of the sale. The seller states the transaction will include a 1031 Exchange. Zoning is listed as R!, and the property is located in Windham County, Vermont (05301).

    For investors or owner-occupants seeking a manageable residential income setup, this duplex provides two separate unit spaces within one building configuration. With on-site parking and outdoor yard space, the property may be a practical fit for tenants looking for day-to-day convenience, while buyers can evaluate the existing two-unit structure based on their ownership goals. As advised, allow for tenant notice and plan showings accordingly.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brattleboro
    County
    Windham
    State
    Vermont
    Longitude
    -72.5558461
    Latitude
    42.836101

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    FAQs

    What type of property is this?
    Duplex - Two two- to three-bedroom units with a yard and off-street parking, offering income potential for a residential investor.
    Where is this duplex located?
    The property is located at 556 S Main Street Brattleboro, VT.
    What is the asking price?
    The asking price for this property is $270,000.
    What are key features of this property?
    This property features: Two‑family home built in 1910 with wood frame construction; Two 2–3 bedroom units in a duplex layout with 6 bedrooms total and 2 bathrooms; Yard with garden space, plus covered porch and porch
    (802) 257-1335
    We can help!
    Listing Contact
    Christine Lewis
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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