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Superb Middlebury location and a nice deep lot, this four unit has a positive cash flow and tenants that pay rent on time. The building needs some updating and repair but the location is well worth the time and energy. Three 2 Bedroom units and one studio apartment. The studio unit was recently updated. 48 hour notice is required for showing appointments. †
Property Location
53 Weybridge Street Middlebury
Property Details
Sold Price $407,000
Sold Date Aug 27th, 2021
MLS# 4869226
Bedrooms 7
Garage Size Car
List Price 399,000
Total Bathrooms 4
Year Built 1890
Type Multi-Family
Lot Size 0.3000 Acres
Taxes $6,918
Units 4
Stories 2
Road Frontage 70
Annual Income $46,872
Style Apartment Building, Colonial, Historic District
Water Frontage
Annual Expenses $0
Finished 3,450 Sqft
Construction No, Existing
Zoning HDR
Above Grade 3,450 Sqft
Seasonal No
Total Rooms 7
Below Grade 0 Sqft
List Date Jun 28th, 2021
Gross Income $46,872
Operating Expenses $0
Net Income $32,866
Expenses Includes
Unit 1 2 Beds, 1 Baths, 1,034 SqFt, $1,075/Monthly
Unit 2 2 Beds, 1 Baths, 1,034 SqFt, $1,050/Monthly
DirectionsFrom the traffic circle in Middlebury, take College Street/Rt 125. Turn right onto Weybridge St/Rt 23. Property on your left. Please park on the street in front of the building.
Lot Description, City Lot, Curbing, Near Bus/Shuttle, Village, Near Public Transportatn, Near Hospital
Garage & Parking No, , , On Street, Unpaved, Unassigned, Visitor, On Site, Off Street, 6+ Parking Spaces, Visitor
† The remarks published on this webpage originate from Listed By Amey Ryan of IPJ Real Estate 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.