- $725,000
- MLS#: 4999633
- 3
- # of Units
- 3,120
- Total Sq. Feet
- 0.20
- Acres
- $7,039
- Taxes
1 of 37
General Property Information
- Price:
- $725,000
- County:
- VT-Addison
- Acres:
- 0.20
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 3
- Agency/Brokerage:
- Deborah Fortier
KW Vermont
Historic Victorian Multifamily Home in Downtown Middlebury, VT Discover a piece of history with this charming Victorian multifamily home, built in 1840, located in the heart of downtown Middlebury. This well-maintained property features three distinct units: a 1-bedroom and a 2-bedroom on the ground level, and a spacious 2-bedroom with large bonus room on upper floors. The lower-level apartments are fully leased with high quality tenants generating $3440 income per month. The upper-level apartment is being left empty to accommodate a potential buyer who may want to reside on premises. Estimated rent if leased would be $2400 per month. Property Highlights Investment Opportunity: This property offers a solid return on investment in a high-demand rental market. Recent Upgrades: Enjoy modern living with renovated lower-level apartments with open concept designs, blending contemporary comfort with historic charm. Prime Location: Situated within walking distance to local shops, restaurants, and cultural attractions, making it highly desirable for tenants. Well-Maintained: The property has been carefully maintained to preserve its historic character while incorporating modern amenities. This is a rare opportunity to own a historic gem in Middlebury, offering both stability and growth potential. Don't miss out on this exceptional investment in a vibrant community. For more information or to schedule a viewing, contact us today!
Features
- Property Type:
- Multi-Family
- # of Units:3
- Subdivision Name:
- Year Built:
- 1840
- Parking:
- Road Frontage:
- 82
- Acres:0.20
- Gross Income:
- 64,680
- Annual Expenses:
- 0
- # of Gas Meters:
- 1
- # of Electric Meters:
- 1
- Sq Ft (Above Ground):
- 3120
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 3120
- Land Description:Landscaped,Level,Major Road Frontage,Sidewalks
- Elementary School:
- Middlebury ID #4 School
- Middle School:
- Middlebury Union Middle #3
- High School:
- Middlebury Senior UHSD #3
- Financing Details:
- Documents Available:
- Aerials,Deed,Lease Agreements,Other,Plat/Grid Map,Property Disclosure,Tax Map
Unit Information
Unit 1
- #Rooms:
- 5
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 759
- Floor:
- 1
- Unit Style:
- Two bedroom rental
- Monthly Rent:
- 1950.00
Unit 2
- #Rooms:
- 4
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 741
- Floor:
- 1
- Unit Style:
- One bedroom rental
- Monthly Rent:
- 1490.00
Unit 3
- #Rooms:
- 6
- #Bedrooms:
- 6
- #Baths:
- 1
- Sq. Ft.:
- 1595
- Floor:
- 2
- Unit Style:
- Two bedrooms with Bonus Room
- Monthly Rent:
- 1950.00
Other Information
- List Date:
- 2024-06-09
- Last Updated:
- 2024-06-25 19:50:47
