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38
Photos
45 Court St.(Route 7) Street, Middlebury, VT 05753
$697,000 Asking Price
$---/mo Est. Payment Get Prequalified »
5
beds
3
baths
4,368
sqft
Built in
1840
Historic Victorian Multifamily Home with Owner-Occupied Potential in Downtown Middlebury, VT Step into history with this charming Victorian multifamily home, built in 1840, located in the heart of downtown Middlebury. This well-maintained property features three distinct units, offering a unique opportunity for owner-occupancy with rental income. Live in Comfort, Earn with Ease • Owner's Apartment: Spacious and inviting, the 1620 square foot upstairs apartment offers the perfect blend of historic charm and modern convenience. • Rental Income: Collect a monthly rental income of $5840 from the fully leased apartments. Property Highlights • Investment Opportunity: With a continuous occupancy history, this property ensures a solid return on investment. • Recent Upgrades: Enjoy modern living with recent renovations and open concept designs, seamlessly blending contemporary comfort with historic charm. • Prime Location: Located within walking distance to local shops, restaurants, and cultural attractions, making it highly desirable for tenants. • Well-Maintained: The property has been carefully maintained to preserve its historic character while incorporating modern amenities. This is a rare opportunity to live in a historic gem while benefiting from a steady rental income in a high-demand market. Experience the vibrant community of Middlebury and secure a sound investment.
Features & Amenities
Interior
- General:
- Dining Area,Kitchen Island,Kitchen/Dining,Laundry Hook-ups,Living/Dining,Laundry - 1st Floor,Laundry - 2nd Floor
- Appliances:
- Dishwasher,Dryer,Microwave,Range - Electric,Range - Gas,Refrigerator,Washer,Water Heater - Off Boiler,Vented Exhaust Fan
- Basement:
- Concrete,Dirt,No Tenant Access,Stairs - Interior,Sump Pump,Interior Access
- Flooring:
- Carpet,Laminate,Softwood,Vinyl,Wood
- A/C:
- Wall AC Units,Mini Split
- Heating:
- Baseboard,Heat Pump,Multi Zone,Mini Split, Gas - Natural
Exterior
- General:
- Deck,Porch - Covered
- Parking:
- Driveway,Off Street,On-Site,Parking Spaces 3 - 5
Construction
- Roofing:
- Shingle - Asphalt,Slate
- General:
- 3, Stone
Location
- Road/Access:
- Gravel,Public,Shared
- School District:
- Addison Central
- County:
- VT-Addison
Lot
- Driveway:
- Gravel
- Zoning:
- GC-General Commerical
- Current Use:
- None
Utilities
- Utilities:
- Cable - At Site,Telephone Available,Underground Utilities
- Sewer:
- Private
Financial
- Exclusions:
- Portable air conditioners owned by tenants
This listing courtesy of:
KW Vermont, Deborah Fortier
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Middlebury, VT
Housing
- Number of Units
- 3,965
- Median Home Value
- $286,275
- Median Rent
- $960
35.34% of housing units are renter occupied.
8.58% are vacant.
Commute
- Car
-
53.69%
- Public Transportation
-
0.97%
- Walk to Work
-
20.06%
- Work from Home
-
23.86%
- Other
-
0.50%
The median travel time to work is 15 minutes.
People
- Population
- 10,639
- Median Age
- 35.70
- Median Household Size
- 2.30
Education
- High School
-
22.13%
- Associate’s Degree
-
4.56%
- Bachelor’s Degree
-
26.96%
- Graduate Degree
-
29.27%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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