45 Court StreetMiddlebury, VT 05753MLS Number 4999633

  • Price: $725,000
  • Est. Mortgage of $/month
  • 11 Days on Market
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%
$/month over payments
Federal 30-year interest rate: 6.95% last updated on Jun 13, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Active with Contract
45 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 0575345 Court Street Middlebury VT 05753
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  • 0.2Acreage
  • 3Bathrooms
  • 1840Year Built
  • 3,120Square Feet

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Listed by Deborah Fortier of KW Vermont
Historic Victorian multifamily home in downtown Middlebury, built in 1840. This charming three-unit property includes a 1-bedroom, a 2-bedroom, and a 3-bedroom apartment, all with excellent rental histories. A great investment with a Cap rate over 6%%. Recent upgrades include new laminate floors and an open concept apartment design. Located within walking distance to local shops, restaurants, and cultural attractions. Well-maintained with modern amenities while retaining its historic charm. Great investment opportunity in a high-demand rental market. All units occupied with high quality tenants. The lead paint IRC certifications are up to date. Full occupancy rental history.

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Tax Information

  • Tax Year2024

Building

  • Year Built1840
  • Units3
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms5
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location1
  • Unit 2 StyleOne bedroom rental
  • Unit 2 Total Rooms4
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Floor Location2
  • Unit 3 StyleThree bedroom rental
  • Unit 3 Total Rooms6
  • # of 1 Bedrooms1
  • # of 2 Bedrooms1
  • # of 3+ Bedrooms1
  • Bathroom3
  • Total Baths3
  • Basement
    • Concrete Floor
    • Dirt
    • Interior Access
    • No Tenant Access
    • Stairs - Interior
    • Sump Pump
    • Unfinished
  • FoundationStone

Basic Information

  • StatusActive With Contract
  • List Price$725,000
  • Date Price Change06/09/2024
  • MLS Number4999633
  • MLS StatusActive Under Contract

Property

  • Acreage0.2
  • Parking Spaces
  • Square Feet3,120
  • APX Fin AG Sqft3,120
  • Road Frontage82
  • RoadsPaved, Public
  • Area
    • Business District
    • Commercial Zoning
    • In Town
    • Near Hospital
    • Near Public Transportatn
    • Near Shopping

Amenities

  • Exterior AmenitiesDeck, Porch - Covered
  • PricePerSqFt232.37

Water Body

  • Water AccessNo
  • Water ViewNo

Other

  • Taxes$7,039.46
  • Seasonal Y/NNo
  • Occupant RestrictionsPets - Negotiable, References, Smoking - No, Tenancy Check
  • TrashOwner, Recycle
  • Date Listed06/09/2024
  • Unit 1 Deposit$1,950
  • Unit 2 Rent Amount$1,490
  • Unit 3 Rent Amount$1,950
  • View Count1

Location

  • TownMiddlebury
  • StateVT
  • Zip05753
  • CountyAddison
  • ZoningGC-General Comm
  • Elementary SchoolMiddlebury ID #4 School
  • Junior HighMiddlebury Union Middle #3
  • High SchoolMiddlebury Senior UHSD #3
  • Flood Zone Y/NNo

Interior

  • FloorsCarpet, Combination, Laminate, Softwood, Vinyl

Exterior

  • RoofShingle - Asphalt, Slate
  • Exterior ColorBlue

Utilities

  • Heat FuelElectric, Gas - Natural
  • Heat SystemBaseboard, Floor Furnace, Heat Pump, Hot Water, Multi Zone
  • Electric100 Amp
  • SewerPublic
  • UtilitiesCable, Gas - On-Site, Underground Utilities
Ault Commercial Realty
Ault Commercial Realty
Office: 802.773.0600
PO Box 6306
Rutland, VT 05702
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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 June 20, 2024 10:25 AM EDT

 

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