45 Court Street Middlebury, VT 05753
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyN/A
- Taxes$7,039
- HOA/Condo/Coop Fees$0
- Days on Site8 Days
- MLS StatusActive
- MLS ID Number4999633
- Home Size Source Estimated
- Year Built1840
- Lot Size0.2 Acres
- Full Baths3
- Partial BathsN/A
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General Features
- Style Victorian
- Construction ClapboardWood Siding
- Parking DrivewayOn- SiteParking Spaces 5Paved
- Sewer Public Sewer
- Basement Concrete FloorDirtNo Tenant AccessStairs - InteriorSump PumpUnfinishedInterior Access
- Number of Stories 2.5
- Acreage 0.2
- Water Public
- Attached Garage No
- Zoning GC-General Comm
Interior Features
- Cooling Mini Split
- Heating ElectricGas - NaturalBaseboardFloor FurnaceHeat PumpHot WaterMulti Zone
- Flooring CarpetCombinationLaminateSoftwoodVinyl
Exterior Features
- Roof AsphaltSlate
- Exterior DeckPorch - Covered
- Lot LandscapedLevelMajor Road FrontageSidewalks
Community Features
- Community Features Business DistrictCommercial ZoningIn TownNear ShoppingNear Public TransportatnNear Hospital
- MLS Area VT-Addison