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Listed by Deborah Fortier of KW Vermont
Listed as a Multifamily under MLS#499633. Great investment opportunity- Live in one of the units and let the other two pay some of your mortgage. Historic Victorian multifamily home in downtown Middlebury, built in 1840. This charming three-unit property includes a 1-bedroom, a 2-bedroom, and a 3-bedroom apartment, all with excellent rental histories. A great investment with a Cap rate over 6%. Recent upgrades include new laminate floors and an open concept apartment design. Located within walking distance to local shops, restaurants, and cultural attractions. Well-maintained with modern amenities while retaining its historic charm. Great investment opportunity in a high-demand rental market. All units occupied with high quality tenants. The lead paint IRC certifications are up to date. Full occupancy rental history. Fire & Saftey inspection scheduled. Zoned General Commercial---single family, multifamily and commercial retail all possible.

More Info

Tax Information

  • Tax Year2024

Location

  • Building Number45
  • StreetCourt St.(route 7) Street
  • TownMiddlebury
  • StateVT
  • Zip05753
  • CountyAddison
  • DistrictAddison Central
  • Elementary SchoolMiddlebury ID #4 School
  • Junior HighMiddlebury Union Middle #3
  • High SchoolMiddlebury Senior UHSD #3
  • Map25:17
  • Flood Zone Y/NNo

Exterior

  • Exterior FeaturesDeck, Porch - Covered
  • Exterior Colorblue
  • RoofShingle - Asphalt, Slate

Amenities

  • PricePerSqFt232.37

Parking

  • Parking Spaces
  • Parking DescriptionDriveway, Off Street, On-Site, Parking Spaces 3 - 5

Building

  • Year Built1840
  • ConstructionExisting
  • Bedrooms6
  • Bathroom3
  • Total Baths3
  • Full Baths3
  • Total Rooms15
  • Square Feet3,120
  • APX Unfin Below Grade1248
  • BasementConcrete, Dirt, No Tenant Access, Stairs - Interior, Sump Pump, Interior Access
  • FoundationStone

Utilities

  • Heat FuelGas - Natural
  • Heat SystemBaseboard, Heat Pump, Multi Zone, Mini Split
  • SewerPrivate
  • Electric100 Amp
  • UtilitiesCable - At Site, Telephone Available, Underground Utilities

Other

  • Delayed ShowingsNo
  • SeasonalNo
  • Page565
  • Date Listed06/09/2024
  • View Count2

Basic Information

  • MLS Number4999647
  • MLS StatusActive
  • StatusACT
  • Property TypeSingle Family
  • List Price$725,000
  • Listing Agent NameDeborah Fortier
  • Broker NameKW Vermont

Property

  • Acreage0.2
  • DrivewayGravel
  • RoadsGravel, Public, Shared
  • Road Frontage82
  • Suitable Use Land Type FarmsCommercial, Mixed Use, Residential

Interior

  • Interior FeaturesDining Area, Kitchen Island, Kitchen/Dining, Laundry Hook-ups, Living/Dining, Laundry - 1st Floor, Laundry - 2nd Floor
  • FloorsCarpet, Laminate, Softwood, Vinyl, Wood
  • Stories3

Water Body

  • Water AccessNo
  • Water ViewNo

Map Location

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Broker Reciprocity 

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 15, 2024 7:53 AM EDT

 

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