Price Change! reduced by $28,000 on August 5th 2024 $697,000 | $223 per sq.ft. | MLS# 4999633
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3
Unit Multi Family Home, 45 Court Street Middlebury VT
With 1 - One Bedroom Units | 2 - Two Bedroom Units
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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 : Business District | Commercial Zoning | In Town | Near Shopping | Near Public Transportatn | Near Hospital Appliances : Water Heater – Off Boiler
Occupant Restrictions : Pets - Negotiable | References | Smoking - No | Tenancy Check
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Annual Expenses
Taxes: $7,039 |
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Income
Gross Income | $ NetIncome | $
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UNIT 1 INFORMATION
Beds: 2Baths: 1Rooms: 5Sq.Ft.: 759Level: 1Info : Air Conditioner,Appliances Included,CO Detector,Deck,Dishwasher,Dryer,Heat - Natural Gas,Heat Included,Hot Water,Kitchen Island,Laundry Hookup,Microwave,Mudroom,Porch,Range - Electric,Refrigerator,Smoke Detector,WasherTenant Pays : TV ServiceRent : 1950.00 MonthlyLease Term : Annual Signed Lease : Yes Status : Leased
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UNIT 2 INFORMATION
Beds: 1Baths: 1Rooms: 4Sq.Ft.: 741Level: 1Style : One bedroom rentalInfo : Air Conditioner,Appliances Included,Deck,Dryer,Heat - Natural Gas,Heat Included,Hot Water,Kitchen Island,Laundry Hookup,Microwave,Mudroom,Porch,Range - Electric,Refrigerator,Smoke Detector,Washer,Water HeaterTenant Pays : TV ServiceRent : 1490.00 MonthlyLease Term : Month to Month Signed Lease : Yes Status : Leased
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UNIT 3 INFORMATION
Beds: 2Baths: 1Rooms: 6Sq.Ft.: 1595Level: 2Style : Two bedrooms with Bonus RoomInfo : Appliances Included,CO Detector,Deck,Dishwasher,Dryer,Heat - Natural Gas,Heat Included,Hot Water,Laundry Hookup,Microwave,Range - Gas,Refrigerator,Smoke Detector,Washer,Water HeaterRent : 2400.00 MonthlyStatus : Leased
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FEATURES AND DETAILS
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CONSTRUCTION: Clapboard Exterior | Wood Exterior | Exterior Color Blue | Price Per SQ.FT. 223.40 | Year Built: 1840 |
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LAND DESCRIPTION:
LOT DESCRIPTION: Landscaped | Level | Major Road Frontage | Sidewalks |
Avail.Sq.Ft.: 3 Livable Space: 3120 Above Grade Sq.Ft.: 3120 Below Grade Sq.Ft.: 0 Foundation: Stone Heating: Baseboard | Floor Furnace | Heat Pump | Hot Water | Multi Zone Cooling: Mini Split HeatFuel: Electric | Gas - Natural Electric: 100 Amp Style: Victorian Roof: Shingle - Asphalt | Slate Water: Public Sewer: Public
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Lot size: 0.2 acres Zoned: GC-General Comm Surveyed: Unk Flood Zone: No Seasonal: No Garage And Parking: Driveway | On-Site | Parking Spaces 5 | Paved Roads: Paved | Public Road Frontage: 82 Driveway: Gravel |
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ADDITIONAL INFORMATION
Occupant Restrictions : Pets - Negotiable | References | Smoking - No | Tenancy Check Docs Available : Aerials | Deed | Lease Agreements | Other | Plat/Grid Map | Property Disclosure | Tax Map Taxes $7,039 | Assesed Value $0 in |
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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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One Bedroom Unit B
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Three Bedroom Unit A
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15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated November 1st, 2024
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http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf
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