$725,000
Active
9 Days Online
6 Beds3 Baths3,120 SQFT
Active

45 Court St.(Route 7) Street Middlebury, VT 05753

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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.

  • Property TypeSingle Family Home
  • NeighborhoodN/A
  • CountyN/A
  • Taxes$7,039
  • HOA/Condo/Coop Fees$0
  • Days on Site8 Days
  • MLS StatusActive
  • MLS ID Number4999647
  • Home Size Source Estimated
  • Year Built1840
  • Lot Size0.2 Acres
  • Full Baths3
  • Partial BathsN/A

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General Features

  • Style Victorian
  • Construction Wood Siding
  • Sewer Private Sewer
  • Basement ConcreteDirtNo Tenant AccessStairs - InteriorSump PumpInterior Access
  • Number of Stories 3
  • Acreage 0.2
  • Water Public
  • Property Sub Type Single Family Residence
  • Attached Garage No
  • Foundation Stone
  • Zoning GC-General Commerical

Interior Features

  • Cooling Wall A C UnitsMini Split
  • Heating Gas - NaturalBaseboardHeat PumpMulti ZoneMini Split
  • Appliances DishwasherDryerMicrowaveRange - ElectricRange - GasRefrigeratorWasherWater Heater - Off BoilerVented Exhaust Fan
  • Flooring CarpetLaminateSoftwoodVinylWood
  • Interior Dining AreaKitchen IslandKitchen/DiningLaundry Hook-upsLiving/DiningLaundry - 1st FloorLaundry - 2nd Floor

Exterior Features

  • Roof AsphaltSlate
  • Exterior DeckPorch - Covered
  • Lot CurbingLandscapedLevelMajor Road FrontageSidewalks

Community Features

  • MLS Area VT-Addison

Schools

School District
Addison Central
Elementary School
Middlebury ID #4 School
Middle School
Middlebury Union Middle #3
High School
Middlebury Senior UHSD #3

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Monthly Payment (Est.)

$3,839
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