45 Court Street Middlebury, VT
$697,000
Beds 5
Baths 3
Square Footage 3,120
Acres 0.20
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!
Listed by KW Vermont, Deborah Fortier
Details
MLS 4999633
Price $697,000
Status Active
DOM 187 days
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 $8,172
Lot & Building Features
Appliances Water Heater – Off Boiler
Utilities Cable, Underground Utilities, Gas - On-Site
Construction Clapboard Exterior, Wood Exterior
Cooling Mini Split
Heating Baseboard, Natural Gas, Multi Zone, Hot Water, Heat Pump, Floor Furnace, Electric
Parking Description Driveway, Paved, Parking Spaces 5, On-Site
Sewer Public
Tax Year 2025
Taxes Paid $8,172
Water Public
Basement Description Concrete Floor, Unfinished, Sump Pump, Stairs - Interior, No Tenant Access, Interior Access, Dirt
Foundation Stone
Lot Description In Town, Sidewalks, Near Shopping, Near Public Transportatn, Near Hospital, Major Road Frontage, Level, Landscaped
Roof Shingle - Asphalt, Slate
Features Exterior Deck, Porch - Covered
Garage No
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
Schools
Elementary School Middlebury ID #4 School
Junior High School Middlebury Union Middle #3
Senior High School Middlebury Senior UHSD #3
Multi-Family Home for Sale: 45 Court Street, Middlebury, VT 05753
Map
Get Directions
Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.