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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755


$697,000

Price Change! reduced by $28,000 on August 5th 2024
MLS# 4999633
3120 sq.ft. Bedroom | 0 Bathroom
Multi Family
45 Court Street Middlebury VT
 
Price Change! reduced by $28,000 on August 5th 2024
$697,000 | $223 per sq.ft. | MLS# 4999633 A 3  Unit Multi Family Home, 45 Court Street Middlebury VT With 1 - One Bedroom Units | 2 - Two Bedroom Units

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! Appliances : Water Heater – Off Boiler

Occupant Restrictions : References | Smoking - No | Tenancy Check

Annual Expenses
Taxes: $7,039
    Income Gross Income | $
NetIncome | $

UNIT 1 INFORMATION


Beds: 2
Baths: 1
Rooms: 5
Sq.Ft.: 759
Level: 1
Info : 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,Washer
Tenant Pays : TV Service
Rent : 1950.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 2 INFORMATION


Beds: 1
Baths: 1
Rooms: 4
Sq.Ft.: 741
Level: 1
Style : One bedroom rental
Info : 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 Heater
Tenant Pays : TV Service
Rent : 1490.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased

UNIT 3 INFORMATION


Beds: 2
Baths: 1
Rooms: 6
Sq.Ft.: 1595
Level: 2
Style : Two bedrooms with Bonus Room
Info : Appliances Included,CO Detector,Deck,Dishwasher,Dryer,Heat - Natural Gas,Heat Included,Hot Water,Laundry Hookup,Microwave,Range - Gas,Refrigerator,Smoke Detector,Washer,Water Heater
Rent : 2400.00 Monthly
Status : Leased

FEATURES AND DETAILS

CONSTRUCTION: Clapboard Exterior | Wood Exterior | Exterior Color Blue | Price Per SQ.FT. 223.40 | Year Built: 1840
LAND DESCRIPTION: LOT DESCRIPTION: Landscaped | Level | Major Road Frontage | Sidewalks | In Town | Near Shopping | Near Public Transportatn | Near Hospital
Avail.Sq.Ft.: 3
Livable Space: 3120
Above Grade Sq.Ft.: 3120
Below Grade Sq.Ft.: 0
Foundation: Stone
Heating: Natural Gas | Baseboard | Electric | Floor Furnace | Heat Pump | Hot Water | Multi Zone
Cooling: Mini Split
Electric: 100 Amp
Style: Victorian
Roof: Shingle - Asphalt | Slate
Water: Public
Sewer: Public
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

ADDITIONAL INFORMATION
Occupant Restrictions : 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
SCHOOLS
School District: Addison Central
Elementary School: Middlebury ID #4 School
Middle School: Middlebury Union Middle #3
High School: Middlebury Senior UHSD #3
15 Buck Rd. Hanover, NH 03755 603-643-3942

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