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3753 Route 7 Middlebury, Vermont 05753

$365,000 Price
Multi Type
7 Beds
9 Baths
4,576 Sqft

Listed By Amey Ryan of IPJ Real Estate

Previous photosNext photos
Single Family DwellingSingle Family Dwelling
Dog Fence behind houseDog Fence behind house
2 bay Carport2 bay Carport
Dining Area in SFRDining Area in SFR
Loft Area of SFRLoft Area of SFR
Lower Level BedroomLower Level Bedroom
3 Season Porch - SFR3 Season Porch - SFR
1810 Farmhouse1810 Farmhouse
Sweeping Front PorchSweeping Front Porch
Rear of FarmhouseRear of Farmhouse
Apt AApt A
Apt AApt A
Apt AApt A
Apt AApt A
Apt BApt B
Apt BApt B
Apt BApt B
Apt BApt B
Apt BApt B
Apt BApt B
Apt CApt C
Apt CApt C
"Shop" Building
"Shop" building
Apt DApt D
Apt DApt D
Apt DApt D
Office EOffice E
Office EOffice E

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Property Location

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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

Prime location and this is an investment opportunity that works financially whether you are an owner occupant or strictly renting all the units out. The farmhouse (c. 1810) has been updated and renovated into 3 one-bedroom apartments. Two on the first floor and one on the second floor. Shared heating system, separate electric. Huge front porch, nice back yard, comfortable apartments. The "shop" building includes a garage/workshop in the center and a one-bedroom apartment and a 3 room office. The "Farmhouse" building and the "shop" building share a mound system (permitted in 2011, WW-9-1493) and well and the main house has a separate system and drilled well. The main house was built in 1982. It's a passive solar design and has a nice flow. Three bedrooms (one on each floor), master on main living level, loft area overlooking the living room and an enclosed porch. Rec room in the basement, lots of storage space, two carport spaces, fenced dog yard and west facing deck - sunsets! House is currently unoccupied, but would likely rent for $1500-$1800/month.

Essentials

MLS#  4775793Bedrooms  7Garage Size  1 Car
List Price  365,000Total Bathrooms  9Year Built  1930
Type  Multi-FamilyLot Size  2.5000 AcresTaxes $12,015
Units  5Stories  2Road Frontage  331
Annual Income  $60,000Style  Apartment Building, Bungalow, Chalet, Detached, Farmhouse, Multi-Level, RanchWater Frontage  
Annual Expenses  $0Finished  4,576 SqftConstruction  No, Existing
Zoning   ARAbove Grade  4,576 SqftSeasonal  No
Total Rooms  Below Grade  0 SqftList Date  Sep 10th, 2019

Expenses

Total Expenses  $0Insurance  $0
Water & Sewer  $0Taxes  $0
Trash  $0Miscellaneous  $0
Maintenance  $0 Association Dues  $0
Rent Includes 

Unit Size & Rent

Unit 1   1 Beds, 1 Baths, 600 SqFt, $800/Monthly Unit 2   1 Beds, 1 Baths, 920 SqFt, $900/Monthly
Unit 3   1 Beds, 1 Baths, 600 SqFt, $850/Monthly Unit 4   1 Beds, 1 Baths, 420 SqFt, $700/Monthly
Unit 5   0 Beds, 1 Baths, 480 SqFt, $750/Monthly Unit 6   3 Beds, 4 Baths, 2,008 SqFt, $0/Mo

Building/Construction

ConstructionWood Frame
BasementWalkout, Unfinished, Full, Partially Finished, Bulkhead, Unfinished, Walkout
Interior Features
Exterior Features
Exterior  Vinyl Siding, Wood SidingDisability Features  
Foundation  Stone, StoneHouse Color  varies
Floors  Vinyl, Carpet, ConcreteBuilding Certifications  
Roof  Shingle-Asphalt, Corrugated, Slate HERS Index  

Property

Lot DescriptionUnknown, Country Setting, Sloping, Rolling, Sloping, Walking Trails
Garage & Parking  Yes, , , Paved, On Site, Paved
Road Frontage  331Water Access  
Driveway  Paved, Common/SharedWater Type  
Flood Zone  NoWater Body  
Zoning  AR

Schools

School District  Addison CentralMiddle  Middlebury Union Middle #3
Elementary  Mary Hogan SchoolHigh  Middlebury Senior UHSD #3

Utilities & Other

Heat Fuel  , Electric, Gas-Lp/Bottle, Wood, OilExcluded  
Heating/Cool  None, Hot Water, Furnace - Wood/Oil ComboNegotiable  
Sewer  Mound, Leach Field, Septic, Concrete, SepticParcel Access ROW  
Water  Drilled Well ROW for Other Parcel  
Water Heater  ElectricFinancing  
Cable Co  Documents  Deed, Property Disclosure, State Wastewater Permit
Electric  Circuit BreakerTax ID  387-120-10259
DirectionsFrom the center of Middlebury, go south on Route 7. Go past the junction with Route 125 and past Three Mile Bridge Road. Property will be on the east side of the road. (Addresses for 3 buildings: 3749, 3751 & 3753). Shared driveway.
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† The remarks published on this webpage originate from Amey Ryan of IPJ Real Estate 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.