54 Court Street Middlebury, Vermont - Under Contract

54 Court Street Middlebury, Vermont 05753 MLS# 5085628

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Under Contract Status

$399,000 List Price

Multi Type

3 Beds

2 Baths

1,872 Sqft

Listed By k. Cory Foote of BHHS Vermont Realty Group/Vergennes
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Addison County

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Centrally located two-unit residential property within walking distance of downtown Middlebury, local shops, restaurants, and both the elementary and high schools. This property offers flexibility for a variety of uses, with one unit currently vacant—providing an opportunity for owner-occupancy while generating rental income from the second unit to help offset expenses. It presents a practical option for a first-time buyer looking to build equity while reducing monthly carrying costs. Many recent improvements make this a comfortable, move-in ready option without the need for immediate work. Mini-splits in each unit provide cooling during the summer months, along with an efficient supplemental heat source for the changing seasons. Set on a manageable village lot with a detached two-car garage, the property is well-suited for those looking to enjoy in-town living with convenient access to daily amenities, or for investors seeking a steady, well-located asset.

Property Location

54 Court Street Middlebury

Property Details

Contract Date  May 15th, 2026
List Price  399,000 Bedrooms  3 Garage Size  2 Car
Cooperation Fee  Unknown Total Bathrooms  2 Year Built  1900
MLS#  5085628 Lot Size  0.28 Acres Taxes $6,317
Type  Multi-Family Days on Market  57 Days Tax Year 2025
Units  2 Stories  1/1/1900 Road Frontage  72
Annual Income  $36,000 Style  In Town Water Frontage  
Annual Expenses  $0 Finished  1,872 Sqft Construction  No, Existing
Zoning   Bus Dist/Village/Mixed Above Grade  1,872 Sqft Seasonal  No
Total Rooms  3 Below Grade  0 Sqft List Date  Apr 27th, 2026
Gross Income  $36,000 Operating Expenses  $0 Net Income  $20,388
Expenses Includes 
Unit 1   1 Beds, 1 Baths, 936 SqFt, $1,500/Monthly Unit 2   2 Beds, 1 Baths, 936 SqFt, $1,500/Monthly
Construction
BasementInterior, Unfinished, Sump Pump, Concrete, Full, Unfinished, Interior Access
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation   House Color  Cream
Floors  Carpet, Vinyl, Tile, Wood Building Certifications  
Roof  Metal HERS Index  
DirectionsLocated directly across the street from the entrance to Mary Hogan Elementary School beside Deppman Law.
Lot Description, Near Shopping, Near School(s)
Garage & Parking  Yes
Road Frontage  72 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  Bus Dist/Village/Mixed
School District  Addison Central Middle  Middlebury Union Middle #3
Elementary  Mary Hogan School High  Middlebury Senior UHSD #3
Heat Fuel   Excluded  Shelves above kitchen sink in upstairs unit.
Heating/Cool  Mini Split, Baseboard Negotiable  
Sewer  Public Parcel Access ROW  No
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co  Comcast Documents  
Electric  200+ Amp Service Tax ID  387-120-12452
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† The remarks published on this webpage originate from Listed By k. Cory Foote of BHHS Vermont Realty Group/Vergennes via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.