Middlebury VT Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 4,506
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1900
- Baths:
- 3.00
- MLS#:
- 5022266
ADDITIONAL INFORMATION
OWN A PIECE OF HISTORY ON MAIN STREET IN MIDDLEBURY! Commercial building in the heart of downtown Middlebury comprises a vibrant retail store, Buy Again Alley, an architect's office, a one bedroom apartment, two studio apartments, and a space opening onto Frog Alley in the rear that has been used as an office and retail space. With nearly 5,000 square feet, the options are numerous. Renovation will be needed. Superb location in the midst of a thriving business district with Middlebury College less than a quarter mile away. This is a building worthy of significant investment for a lifetime of income. Potential to increase the number of residential units.
$697,000
45 Court Street Middlebury, VT 05753
- Type:
- Multi-Family
- Sq.Ft.:
- 3,120
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1840
- Baths:
- 3.00
- MLS#:
- 4999633
ADDITIONAL INFORMATION
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!
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Middlebury Real Estate
The median home value in Middlebury, VT is $366,400. This is higher than the county median home value of $362,000. The national median home value is $338,100. The average price of homes sold in Middlebury, VT is $366,400. Approximately 55.06% of Middlebury homes are owned, compared to 32.54% rented, while 12.4% are vacant. Middlebury real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Middlebury real estate agent to arrange a tour today!
Middlebury, Vermont 05753 has a population of 9,029. Middlebury 05753 is more family-centric than the surrounding county with 28.22% of the households containing married families with children. The county average for households married with children is 26.02%.
The median household income in Middlebury, Vermont 05753 is $68,239. The median household income for the surrounding county is $77,978 compared to the national median of $69,021. The median age of people living in Middlebury 05753 is 28.6 years.
Middlebury Weather
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 8.8 degrees. The average rainfall is approximately 39.9 inches per year, with 68.9 inches of snow per year.