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Middlebury,VT 05753
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $223
MLS Listing ID 4999633
Bedrooms 5
Full Baths 3
Construction Status Existing
Year Built 1840
Annual Tax Amount $7,039
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Collect $5840 per month from fully leased apartments ! 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 rooms on the upper floors. All apartments are fully leased with quality tenants generating $5840 income per month. All tenants have an on time payment history. 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!
Location
State VT
County Vt-addison
Area Vt-Addison
Zoning GC-General Comm
Rooms
Basement Entrance Interior
Basement Concrete Floor,Dirt,No Tenant Access,Stairs - Interior,Sump Pump,Unfinished,Interior Access
Interior
Cooling Mini Split
Flooring Carpet,Combination,Laminate,Softwood,Vinyl
Exterior
Garage Description Driveway,On-Site,Parking Spaces 5,Paved
Community Features References,Smoking - No,Tenancy Check
Utilities Available Cable,Gas - On-Site,Underground Utilities
Waterfront No
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Roof Type Shingle - Asphalt,Slate
Building
Story 2.5
Foundation Stone
Sewer Public
Construction Status Existing
Schools
Elementary Schools Middlebury Id #4 School
Middle Schools Middlebury Union Middle #3
High Schools Middlebury Senior Uhsd #3
School District Addison Central