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36 Seymour Street Middlebury, Vermont 05753

$239,000 Price
Multi Type
6 Beds
2 Baths
2,048 Sqft

Listed By Ray Fortier of Coldwell Banker Bill Beck R.E. Midd

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Call: (802) 863-8816
NMLS# 49592

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Addison County

Addison County is situated in the gently rolling countryside of farms and woodlands in the lower Champlain Valley. Bordered by the Adirondacks to the west and the Green Mountains to the east there is something to do throughout all four seasons....

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Multi-Family Home

It's all about the location---walking distance to all the amenities downtown Middlebury has to offer. Excellent Investor returns----- Live in one unit and collect rent on the other to help pay your mortgage --this property qualifies for FHA financing with 3 1/2 % down payment--and 75% of the other units rent will be added to your income to help qualify-- Or collect both rents totaling $27,600 plus per year. Conventional investor financing is available with a 15% down payment. Check out the ROI Worksheet-- The current operating expenses are $9000 which includes property taxes, water, sewage, lawn care, snow removal and trash pickup. Tenants pay for all other utilities and services. Owner currently does a lot of the small maintenance items. Each unit has three bedrooms and a full bath with approximately 950 square feet --upstairs unit recently renovated. Downstairs unit has large covered porch. Large lot with plenty of room for a garden.

Essentials

MLS#  4715584Bedrooms  6Garage Size   Car
List Price  239,000Total Bathrooms  2Year Built  1875
Type  Multi-FamilyLot Size  0.3400 AcresTaxes $4,548
Units  2Stories  2Road Frontage  200
Annual Income  $27,600Style  Apartment Building, Multi-FamilyWater Frontage  
Annual Expenses  $8,525Finished  2,048 SqftConstruction  No, Existing
Zoning   High Density ResidentialAbove Grade  2,048 SqftSeasonal  No
Total Rooms  Below Grade  0 SqftList Date  Aug 29th, 2018

Expenses

Total Expenses  $8,525Insurance  $977
Water & Sewer  $750Taxes  $4,548
Trash  $700Miscellaneous  $750
Maintenance  $500 Association Dues  $0
Rent Includes 

Unit Size & Rent

Unit 1   3 Beds, 1 Baths, 1,000 SqFt, $1,000/Mo Unit 2   3 Beds, 1 Baths, 1,000 SqFt, $1,300/Mo

Building/Construction

ConstructionWood Frame, Wood Frame
BasementInterior, Unfinished, Interior Stairs, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl SidingDisability Features  
Foundation  StoneHouse Color  White
Floors  Tile, Carpet, Laminate, WoodBuilding Certifications  
Roof  Slate, Shingle-Asphalt HERS Index  

Property

Lot DescriptionNo, Corner, Near Railroad, Near Bus/Shuttle
Garage & Parking  No, , , Visitor, On Site, 4 Parking Spaces, Visitor
Road Frontage  200Water Access  
Driveway  Crushed StoneWater Type  
Flood Zone  NoWater Body  
Zoning  High Density Residential

Schools

School District  Addison NortheastMiddle  Middlebury Union Middle #3
Elementary  Middlebury ID #4 SchoolHigh  Middlebury Senior UHSD #3

Utilities & Other

Heat Fuel  , ElectricExcluded  
Heating/Cool  Wall AC Units, Baseboard, Electric, Vented Gas Heater, Hot WaterNegotiable  
Sewer  PublicParcel Access ROW  No
Water  Public ROW for Other Parcel  
Water Heater  Electric, Separate, OwnedFinancing  
Cable Co  ComcastDocuments  Deed, Property Disclosure, Tax Map
Electric  100 AmpTax ID  387-120-11422
DirectionsRoute 7 turn on Elm St (Mobile Station) continue straight past stop sign to Seymour Street property is the first driveway on the right after train underpass.
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† The remarks published on this webpage originate from Ray Fortier of Coldwell Banker Bill Beck R.E. Midd via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman Realty. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.