Multi-Family for Sale: 45 Court Street, Middlebury, VT 05753

5 beds
3 full baths
3,120 sqft
$697,000
$697,000
45 Court Street, Middlebury, VT 05753
5 beds
3 full baths
3,120 sqft
$697,000
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Price:
$697,000
$28,000 - 08/05/2024
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Style Victorian
Beds 5
Total Baths 3 full baths
Square Feet 3,120 sqft
Lot Size 0.20 acres
Year Built 1840
Taxes Paid $7,039
City Middlebury
County Addison
School District Addison Central
MLS 4999633
Status Active
DOM 157 days
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!

Lot & Building Features

Appliances Water Heater – Off Boiler
Utilities Cable, Underground Utilities, Gas - On-Site
Construction Clapboard Exterior, Wood Exterior
Cooling Mini Split
Heat Source Electric, Gas - Natural
Heating Baseboard, Multi Zone, Hot Water, Heat Pump, Floor Furnace
Parking Description Driveway, Paved, Parking Spaces 5, On-Site
Sewer Public
Tax Year 2024
Taxes Paid $7,039
Water Public
Basement Description Concrete Floor, Unfinished, Sump Pump, Stairs - Interior, No Tenant Access, Interior Access, Dirt
Foundation Stone
Lot Description Landscaped, Sidewalks, Major Road Frontage, Level
Roof Shingle - Asphalt, Slate
Features Exterior Deck, Porch - Covered
Garage No

Community and Schools

Elementary School Middlebury ID #4 School
Junior High School Middlebury Union Middle #3
Senior High School Middlebury Senior UHSD #3

Unit Features

Unit 1 Apx Sqft 759
Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Info Air Conditioner, Washer, Smoke Detector, Refrigerator, Range - Electric, Porch, Mudroom, Microwave, Laundry Hookup, Kitchen Island, Hot Water, Heat Included, Heat - Natural Gas, Dryer, Dishwasher, Deck, CO Detector, Appliances Included
Unit 1 Lease Term Annual
Unit 1 Level Number 1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1950.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 5
Unit 1 Status Leased
Unit 1 Style Two bedroom rental
Unit 1 Tenant Pays TV Service
Unit 2 Apx Sqft 741
Unit 2 Baths 1
Unit 2 Bedrooms 1
Unit 2 Info Air Conditioner, Water Heater, Washer, Smoke Detector, Refrigerator, Range - Electric, Porch, Mudroom, Microwave, Laundry Hookup, Kitchen Island, Hot Water, Heat Included, Heat - Natural Gas, Dryer, Deck, Appliances Included
Unit 2 Lease Term Month to Month
Unit 2 Level Number 1
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 1490.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 4
Unit 2 Status Leased
Unit 2 Style One bedroom rental
Unit 2 Tenant Pays TV Service
Unit 3 Apx Sqft 1595
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Info Appliances Included, Water Heater, Washer, Smoke Detector, Refrigerator, Range - Gas, Microwave, Laundry Hookup, Hot Water, Heat Included, Heat - Natural Gas, Dryer, Dishwasher, Deck, CO Detector
Unit 3 Lease Term Annual
Unit 3 Level Number 2
Unit 3 Rental Agreement No
Unit 3 Rental Amount 2400.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 6
Unit 3 Status Leased
Unit 3 Style Two bedrooms with Bonus Room
Unit 3 Tenant Pays TV Service

Price History of 45 Court Street, Middlebury, VT

Date Name Price Difference
08/05/2024 Price Adjustment $697,000 3.86%
06/09/2024 Listing Price $725,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Laura O'Leary
Direct: 603-505-7486
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by KW Vermont, Deborah Fortier
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20%
1.0099655667145%
6.75%
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45 Court Street (MLS #4999633) is a multi-family listing located in Middlebury, VT. This multi-family listing is 3,120 sqft and on a lot of 8,712 sqft (or 0.20 acres) with 5 bedrooms, 3 baths and is 184 years old. This property was listed on 06/09/2024 and has been priced for sale at $697,000.

Nearby zip codes are 05472, 05734, 05753 9999 and 05769. This property neighbors other cities such as Bridport, Cornwall, New Haven, Salisbury and Weybridge.

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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: KW Vermont

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. 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 11/13/2024