Two-Unit Duplex with Private
80 Brown Street, Rutland, VT 05701
For Sale
$384,900
Pending
Separate apartments provide five bedrooms and two bathrooms, with laundry hookups in each unit.
Property Size2,368 SF
Days on Market55
Property Features for 80 Brown Street
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Amenities
electric fireplace
private porch
in-unit washer/dryer hookup
Building Details
Year Built
Listing Agency:
Watson Realty & Associates
(802) 773-3500
Listed By:
Nancy Greenwood
(802) 353-2203
Source:
Longviewcre
Added: Sep 18
Changed: Nov 10
Last Checked: Nov 10 at 1:24PM
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 Watson Realty & Associates
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,368-square-foot duplex in Rutland City contains two apartments with five bedrooms and two bathrooms combined. Each unit has a private porch and washer-and-dryer hookups; the upper apartment also includes an electric fireplace. The property was built in 1880, and its listed updates include newer windows, vinyl siding, garage roof, soffit, fascia, and front porch. The main roof is 12 years old.
Shopping, dining, entertainment, and the farmers market are nearby. Marble Valley Regional Transit provides connections around the city, and Killington Ski Area is within driving distance.
Shopping, dining, entertainment, and the farmers market are nearby. Marble Valley Regional Transit provides connections around the city, and Killington Ski Area is within driving distance.
Key Highlights
- Two apartments with five bedrooms and two bathrooms combined
- 2,368 square feet in Rutland City
- Private porch and washer‑and‑dryer hookups in each apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,440
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,800
$448.8K
Cap Rate 7%
$320,571
$320.6K
Cap Rate 9%
$249,333
$249.3K
Market Conditions
NOI Build-Up for 2,368 SF
Gross rent
$32.7K $13.80/SF
− Vacancy
−$621 −$0.26/SF
EGI
$32.1K $13.54/SF
− OpEx
−$9.6K −$4.06/SF
NOI
$22.4K $9.48/SF
Area
Rutland County, VT
Vacancy
1.90%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,800
Cap Rate 7%
$320,571
Cap Rate 9%
$249,333
Alternative Uses
Best Use
Multifamily LT 5
$320.6K
$280.5K – $374.0K
NOI $22,440 @ 7.0% cap · market cap 5.83%
Second Best
Apartment 5plus
$295.4K
$258.5K – $344.6K
NOI $20,677 @ 7.0% cap · market cap 5.37%
Theoretical Best
Healthcare Medical
$412.3K
$360.8K – $481.0K
NOI $28,861 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,196
Businesses Nearby
Explore this area
Business Placement
Demographics for 05701, VT
20,349
Population
10,528
Households
1.9
Avg Household Size
48
Median Age
34%
College-Educated
93%
High-School Grad
67.7 sq mi
ZIP Area
301
Density / Sq Mi
$58,744
Median Household Income
$41,391
Median Earnings
$963
Median Rent
$202,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Rutland County, VT
Properties on Market for Duplexes in Rutland County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate apartments provide five bedrooms and two bathrooms, with laundry hookups in each unit.
Where is this duplex located?
The property is located at 80 Brown Street Rutland, VT.
What is the asking price?
The asking price for this property is $384,900.
What are key features of this property?
This property features: Two apartments with five bedrooms and two bathrooms combined; 2,368 square feet in Rutland City; Private porch and washer‑and‑dryer hookups in each apartment
