Price Reduced 3.86%
Listing courtesy of Deborah Fortier, KW Vermont Phone: 802-654-8500
Price History
$725,000
6/9/2024
$697,000
8/5/2024
45 Court Street, Middlebury, VT, 05753
15 rooms
5 beds
3 Full baths
1840
Victorian
3,120 sqft
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!
Status:
Active
Type:
Multi-family
Units:
3
Zoning:
GC-General Comm
Frontage:
82
Heating:
Baseboard, Floor Furnace, Heat Pump, Hot Water, Multi Zone
Cooling:
Mini Split
Basement:
Concrete Floor, Dirt, No Tenant Access, Stairs - Interior, Sump Pump, Unfinished, Interior Access
Parking:
Driveway, On-Site, Parking Spaces 5, Paved
Acreage:
0.2
Est. Taxes:
$7,039
Lot Description:
Landscaped,Level,Major Road Frontage,Sidewalks
Elementary School:
Middlebury ID #4 School
Middle School:
Middlebury Union Middle #3
High School:
Middlebury Senior UHSD #3
School District:
Addison Central
MLS #:
4999633