62 Court ST, Middlebury, VT 05753 - MLS#5047976

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Isaiah Donaldson

[email protected] +1(802) 999-8410

Listed by Amey M Ryan • IPJ Real Estate • Cell: 802-989-8156

$425,000

Est. payment - /mo

3 Beds

3 Baths

2,352 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,352 sqft

Price per Sqft $180

MLS Listing ID 5047976

Bedrooms 3

Full Baths 3

Construction Status Existing

Year Built 1900

Annual Tax Amount $7,252

Tax Year 2024

Lot Size 0.500 Acres

Acres 0.5

Property Description

Close to town - check! Income generating - check! Plenty of parking - check! Versatile building - check! Relatively easy maintenance - check! This three unit investment property cash flows with the current rents and there is potential to expand on this property and create more housing units. The 1/2 acre, in town, lot is in the Residential 12 zoning district and could likely accommodate another structure with town approvals (not yet obtained but see documents on listing showing zoning information). The main floor office space consists of a private office, a conference room, reception area, kitchen, bathroom and storage room and has direct access to the basement. Accessible by a ramp on the front of the building. The 2nd floor apartment has a living room, bathroom, kitchen, and office/br. The ADU, which was recently completed, is a studio apartment with an elevated "loft" style bedroom, living/kitchen area, 3/4 bath with a combo washer/dryer set up and a deck! There is more than enough parking and the basement can also be accessed by a bulkhead from the outside for maintenance and tenant access. The town of Middlebury is in dire need of rental apartments and this is a highly desirable location.

Location

State VT

County Vt-addison

Area Vt-Addison

Zoning Residential - 12

Rooms

Basement Entrance Interior

Basement Bulkhead, Concrete Floor, Storage Space, Sump Pump, Unfinished, Interior Access, Exterior Access, Stairs - Basement

Interior

Cooling None

Flooring Carpet, Hardwood, Laminate, Other

Exterior

Garage Description Driveway, On-Site, Parking Spaces 6+, Paved, Unassigned, Unpaved, Visitor

Utilities Available Cable - Available, Gas - On-Site, Telephone At Site

Roof Type Shingle

Association Amenities Deck, Garden Space, Natural Shade, Porch - Covered

Building

Story 2

Foundation Fieldstone

Sewer Public

Architectural Style Apartment Building, Colonial, Conversion, Farmhouse, Multi-Family, Multi-Level, w/Addition

Construction Status Existing

Schools

Elementary Schools Mary Hogan School

Middle Schools Middlebury Union Middle #3

High Schools Middlebury Senior Uhsd #3

School District Addison Central

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Isaiah Donaldson

+1(802) 999-8410

Agent | License ID: 082.0134518

Agent License ID: 082.0134518

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62 Court ST Middlebury, VT 05753

Isaiah Donaldson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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