List Price: $697,000 | $223 per sq.ft. | 5 Bedroom | 3 Bathroom | 3 Story Single Family Home Listed Sunday Jun 9, 2024 | MLS# 4999647


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.

Interior Features :Dining Area | Kitchen Island | Kitchen/Dining | Laundry Hook-ups | Living/Dining | Laundry - 1st Floor | Laundry - 2nd Floor
Total Rooms: 15
Total Baths: 3
Flooring: Carpet | Laminate | Softwood | Vinyl | Wood
Full Baths: 3
Bedrooms: 5
Basement: Concrete | Dirt | No Tenant Access | Stairs - Interior | Sump Pump | Interior Access
Year Built: 1840
Type: Wood Exterior

Building Info
Finished Sq.Ft.: 4368
Above Grade Sq.Ft.: 3120
Below Grade Sq.Ft.: 0
Apx Below Grade Unfinished Sq.Ft.: 1248
Foundation: Stone

Exterior Info
Style: Victorian
Exterior Features: Deck | Porch - Covered
Exterior Color Blue
Roof: Shingle - Asphalt | Slate
Parking: Driveway | Off Street | On-Site | Parking Spaces 3 - 5

Utilities
Electric: 100 Amp
Water: Public
Sewer: Private

Land Description:
Curbing | Landscaped | Level | Major Road Frontage | Sidewalks
Lot size: 0.2 acres
SuitableUse: Commercial | Mixed Use | Residential
Zoned: GC-General Commerical
Surveyed: Unk
Flood Zone: No
Seasonal: No
Roads: Gravel | Public | Shared
Road Frontage: 82
Driveway: Gravel



Docs Available : Deed | Lease Agreements | Plot Plan | Property Disclosure
Easement - Yes
ROW Length: 175
ROW Width: 10
Row For Other Parcel: Y
Taxes $7,039
Assesed Value Not Reported
Schools
School District: Addison Central
Elementary School: Middlebury ID #4 School
Middle School: Middlebury Union Middle #3
High School: Middlebury Senior UHSD #3

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