Two-Unit Multifamily with Shared
855 North Street, Brandon, VT 05733
MULTI_FAMILY - Other - Brandon, VT
Property size:
2,320 SFLot size:
2.29 AcresPrice / SF:
$127/SF- Added:
- May 5, 2026
- Days on Market:
- 51
- Last Refresh:
- Jun 24 at 1:06 am
Property Features for 855 North Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
- Exterior features
- Garden Space, Storage
- Standard status
- Active
- Size
- 2,320 SF
- Lot size
- 2.29 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 5651
Utilities
- Heating system
- Hot Water(Heating), Propane (Heating), Wall Furnace, Oil
- Cooling system
- Zoned, Ductless
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Wood Frame
- Roof type
- Metal
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Beth Stanway (802) 388-4242
Listing office IPJ Real Estate 34 Main St, Middlebury, VT (802) 388-4242
Listing date May 5, 2026
MLS# 5087352
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
- Converted slate roof factory into two apartments with a large storage area between units
- Front unit includes 1 bedroom plus den and a large open kitchen/living/dining area
- Second apartment features a big open kitchen, large living room, and two bedrooms
- Cooling includes zoned ductless mini splits; heating includes propane and oil with wall furnace and hot water
- Metal roof; wood‑frame construction; vinyl flooring throughout
- Public water supply; includes storage and garden space
Overview
This two-unit multifamily property was converted from a former slate roof factory into two apartments, with a large storage area positioned between the two units. Both apartments are set up for one-level living. The front apartment includes a bedroom, den, and a large open kitchen/living/dining area, supported by a mini split system. It also includes a washer, dryer, and a walk-in shower. The second apartment features a large open kitchen and living room plus two bedrooms, and a new wall furnace is being installed in that unit. The building’s actual age is unknown, with 1950 listed as a placeholder.
The property is located at 855 North Street in Brandon, Vermont, on a 2.29-acre lot. The listing notes proximity to transportation, schools, and local conveniences. Zoning is Residential.
For buyers or operators, this layout offers a straightforward duplex-style configuration with separate living spaces and substantial shared storage between units. As described in the remarks, the property also provides room for customization or renovation, which may appeal to buyers looking to tailor finishes and updates to their preferences. Unit amenities cited in the offering include in-unit laundry, walk-in shower for the front unit, and heating improvements for the second unit.
The property is located at 855 North Street in Brandon, Vermont, on a 2.29-acre lot. The listing notes proximity to transportation, schools, and local conveniences. Zoning is Residential.
For buyers or operators, this layout offers a straightforward duplex-style configuration with separate living spaces and substantial shared storage between units. As described in the remarks, the property also provides room for customization or renovation, which may appeal to buyers looking to tailor finishes and updates to their preferences. Unit amenities cited in the offering include in-unit laundry, walk-in shower for the front unit, and heating improvements for the second unit.
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 | $32.0k | $13.80 |
| − Vacancy | −$608 | −$0.26 |
| EGI | $31.4k | $13.54 |
| − OpEx | −$9.4k | −$4.06 |
| NOI | $22.0k | $9.48 |
2,320 SF · lease $13.80/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$314.1K
$274.8K – $366.4K
NOI $21,985 @ 7.0% cap · market cap 7.45%
Second Best
Apartment 5plus
$289.4K
$253.2K – $337.6K
NOI $20,258 @ 7.0% cap · market cap 6.87%
Theoretical Best
Healthcare Medical
$403.9K
$353.5K – $471.3K
NOI $28,276 @ 7.0% cap · market cap 9.59%
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
- Brandon
- County
- Rutland
- State
- Vermont
- Longitude
- -73.05604499
- Latitude
- 43.839219
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two apartments in a former factory building with a large central storage area and one-level living features.
Where is this duplex located?
The property is located at 855 North Street 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: Converted slate roof factory into two apartments with a large storage area between units; Front unit includes 1 bedroom plus den and a large open kitchen/living/dining area; Second apartment features a big open kitchen, large living room, and two bedrooms
