45 Court Street Middlebury, Vermont 05753 MLS# 4999633

Return to your Search ResultsBack to Search Results Next PropertyView the next property

For Sale Status

$725,000 List Price

Multi Type

4 Beds

3 Baths

3,120 Sqft

Listed By Deborah Fortier of KW Vermont
🖶

What's Your Home Worth

Mortgage Provider

Contact a local mortgage provider today to get pre-approved.

Call: (802) 863-8816
NMLS# 49592

Get Pre-Approved »

Mortgage Calculator

$

$ Taxes

$ Principal & Interest

$

This calculation is based on a rough estimate. Every person's situation is different. Be sure to consult with a mortgage advisor on your specific needs.

Addison County

45 Court Street
45 Court Street
45 Court Street
Rear Parking Rear Parking
Two Bedroom-Unit C Two Bedroom-Unit C
Unit C Unit C
Unit C Unit C
Unit C Unit C
45 Court Street
Unit C Unit C
Unit C Unit C
Unit C Unit C
Unit C Unit C
Unit C Unit C
Unit C Unit C
Unit C Unit C
Unit C Unit C
Unit C Unit C
One Bedroom Unit B One Bedroom Unit B
Unit B Unit B
Unit B Unit B
Unit B Unit B
Unit B Unit B
Unit B Unit B
Unit B Unit B
Unit B Unit B
Unit B Unit B
Three Bedroom Unit A Three Bedroom Unit A
Unit A Unit A
Unit A Unit A
Unit A Unit A
Unit A Unit A
Unit A Unit A
Unit A Unit A
Unit A Unit A
Unit A Unit A
Unit A Unit A

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.

Property Location

45 Court Street Middlebury

Property Details

MLS#  4999633 Bedrooms  4 Garage Size   Car
List Price  725,000 Total Bathrooms  3 Year Built  1840
Type  Multi-Family Lot Size  0.2000 Acres Taxes $7,039
Units  3 Stories  1/2/1900 Road Frontage  82
Annual Income  $64,680 Style   Water Frontage  
Annual Expenses  $0 Finished  3,120 Sqft Construction  No, Existing
Zoning   GC-General Comm Above Grade  3,120 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  Jun 9th, 2024
Gross Income  $64,680 Operating Expenses  $0 Net Income  $44,586
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 759 SqFt, $1,950/Monthly Unit 2   1 Beds, 1 Baths, 741 SqFt, $1,490/Monthly
Unit 3   1 Beds, 1 Baths, 1,595 SqFt, $1,950/Monthly
Construction
BasementInterior, Sump Pump, Unfinished, No Tenant Access, Interior Stairs, Dirt, Sump Pump, Unfinished
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Stone House Color  Blue
Floors  Vinyl, Carpet, Softwood, Laminate, Vinyl Building Certifications  
Roof  Slate, Shingle-Asphalt HERS Index  
DirectionsOn the East side of US Rt7 (Court St) just north of the Sunoco station.
Lot DescriptionYes, Near Bus/Shuttle, Commercial Zoning, Business District
Garage & Parking  No, Paved, On Site, 5 Parking Spaces, Paved
Road Frontage  82 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  GC-General Comm
School District  Addison Central Middle  Middlebury Union Middle #3
Elementary  Middlebury ID #4 School High  Middlebury Senior UHSD #3
Heat Fuel  , Gas-Natural Excluded  Window
Heating/Cool  Mini Split, Baseboard, Multi Zone, Floor Furnace, Hot Water, Heat Pump Negotiable  
Sewer  Public Parcel Access ROW  Yes
Water   ROW for Other Parcel  Yes
Water Heater   Financing  
Cable Co  Comcast(xfinity) Documents  Property Disclosure, Deed, Other, Lease Agreements, Plat/Grid Map, Property Disclosure, Tax Map
Electric  100 Amp Tax ID  387-120-10420
Loading

† The remarks published on this webpage originate from Listed By Deborah Fortier of KW Vermont via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. 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.