Middlebury, VT | 111 South Main Street

$1,200,000
MLS#: 4997190
6
# of Units
5,497
Total Sq. Feet
0.39
Acres
$10,852
Taxes
1 of 40

General Property Information

Price:
$1,200,000
County:
VT-Addison
Acres:
0.39
Property Type:
Multi-Family
Property Status:
Under Contract
# of Units:
6
Agency/Brokerage:
Sarah Peluso
IPJ Real Estate

What a location! Just down the street from Middlebury College and historic downtown Middlebury, this incredible investment property is ready for new owners. With a total of 9 bedrooms among six units, the structure retains a lot of its original charm. Several exterior porches allow for outdoor living space and hardwood floors and handsome woodwork appear in the main entry and within some units. Many updates have been done to make it easy to just purchase and go! A brand new sprinkler system was just installed, along with a new natural gas boiler. Most of the units have been freshly painted, and all are currently rented. A list of many recent improvements is attached to the listing. If you are looking for an investment property that is turn key- this might just be the one!

Features

Property Type:
Multi-Family
# of Units:6
Subdivision Name:
Year Built:
1873
Parking:
Road Frontage:
124
Acres:0.39
Gross Income:
96,000
Annual Expenses:
0
# of Gas Meters:
1
# of Electric Meters:
7
Sq Ft (Above Ground):
5497
Sq Ft (Below Ground):
0
Total Sq Ft:
5497
Land Description:Level,Sidewalks
Elementary School:
Mary Hogan School
Middle School:
Middlebury Union Middle #3
High School:
Middlebury Senior UHSD #3
Financing Details:
Documents Available:
Aerials,Deed,Property Disclosure,Tax Map

Unit Information

Unit 1

#Rooms:
2
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
675
Floor:
3
Unit Style:
Two Bedroom
Monthly Rent:
1000.00

Unit 2

#Rooms:
5
#Bedrooms:
2
#Baths:
2
Sq. Ft.:
1057
Floor:
1
Unit Style:
Two Bedroom
Monthly Rent:
2100.00

Unit 3

#Rooms:
4
#Bedrooms:
4
#Baths:
1
Sq. Ft.:
859
Floor:
1
Unit Style:
One Bedroom
Monthly Rent:
1000.00

Unit 4

#Rooms:
3
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
458
Floor:
2
Unit Style:
One Bedroom
Monthly Rent:
1000.00

Unit 5

#Rooms:
4
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
686
Floor:
2
Unit Style:
Two Bedroom
Monthly Rent:
1800.00

Unit 6

#Rooms:
3
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
523
Floor:
2
Unit Style:
One Bedroom
Monthly Rent:
1100.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-05-24
Last Updated:
2024-06-04 16:33:29

Stowe Office

Joni Gaines

(P) 802.253.9771
(F) 802.253.9993
email

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