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Duplex with Garage and Storage
For Sale
$295,000

855 North St, Brandon, VT 05733

Two apartments offer distinct layouts, including one-bedroom and two-bedroom configurations.

Property Size2,320 SF
Price / SF$127.16
Days on Market67

Property Features for 855 North St

General Information

Standard status Active
Size 2,320 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1950
Listing Agency: IPJ Real Estate
Listed By: Beth Stanway
Source: Carolslocum
Added: Aug 8 Changed: Oct 5 Last Checked: Oct 7 at 2:39PM

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 IPJ Real Estate

Investment Insights

Based on property information with market context.

This Brandon duplex contains two separate apartments within a 2320-square-foot property. The front unit provides one-level living with an open kitchen, living and dining area, bedroom, den, walk-in shower, washer and dryer, and mini-split heating and cooling. The second apartment includes a kitchen, large living room, and two bedrooms, with a new wall furnace being installed.

A large garage and storage area separates the apartments and adds substantial utility to the existing layout. The property occupies more than two acres, with possible future development subject to local approvals. The address is near Brandon shops, cafés, restaurants, a grocery store, pharmacy, schools, public green spaces, the Neshobe River, hiking and biking trails, and Neshobe Golf Club.

Key Highlights

  • Two‑apartment duplex configuration
  • 2320 square feet with separate apartment layouts
  • Front apartment includes a bedroom, den, washer and dryer, and mini‑split system

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,985
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,700 $439.7K
Cap Rate 7%
$314,071 $314.1K
Cap Rate 9%
$244,278 $244.3K
Market Conditions
NOI Build-Up for 2,320 SF
Gross rent
$32.0K $13.80/SF
− Vacancy
−$608 −$0.26/SF
EGI
$31.4K $13.54/SF
− OpEx
−$9.4K −$4.06/SF
NOI
$22.0K $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%
$439,700
Cap Rate 7%
$314,071
Cap Rate 9%
$244,278

Alternative Uses

Best Use
Multifamily LT 5
$314.1K
$274.8K – $366.4K (±1% cap)
NOI $21,985 @ 7.0% cap · market cap 7.45%
Second Best
Apartment 5plus
$289.4K
$253.2K – $337.6K (±1% cap)
NOI $20,258 @ 7.0% cap · market cap 6.87%
Theoretical Best
Healthcare Medical
$403.9K
$353.5K – $471.3K (±1% cap)
NOI $28,276 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Bakery Furniture & Home Goods Grocery & Convenience Store Big Box & Wholesale Store Pet Store Restaurant

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 05733, VT

5,935
Population
3,289
Households
1.8
Avg Household Size
48
Median Age
33%
College-Educated
95%
High-School Grad
108.1 sq mi
ZIP Area
55
Density / Sq Mi
$65,673
Median Household Income
$40,993
Median Earnings
$1,020
Median Rent
$240,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two apartments offer distinct layouts, including one-bedroom and two-bedroom configurations.
Where is this duplex located?
The property is located at 855 North St Brandon, VT.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two‑apartment duplex configuration; 2320 square feet with separate apartment layouts; Front apartment includes a bedroom, den, washer and dryer, and mini‑split system
More about this property
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