List Price: $1,200,000 | $218 per sq.ft. Multi Family A 6 Unit Multi Family Home
With 3 One Bedroom Units , 3 - Two Bedroom Units ,0 - Three Bedroom Units Under Contract Listed Friday May 24, 2024 | MLS# 4997190
With 3 One Bedroom Units , 3 - Two Bedroom Units ,0 - Three Bedroom Units Under Contract Listed Friday May 24, 2024 | MLS# 4997190
Unit One Bedroom
Unit One Living Room
Unit One kitchen
Unit Two First Bedroom area
Unit Two Porch
Unit Two Living Space
Unit Two Kitchen
Unit Two looking to entry
Unit Two Living Room
Unit Two Kitchen
Unit Two Kitchen Nook
Unit Two Bedroom
Unit Three Living Room
Unit 3 Kitchen
Unit Three Bedroom
Unit Three Bedroom
Unit Three Bathroom
Unit Three Bedroom
Unit Three Bedroom
Unit Four Living Room
Unit Four Living Room
Unit Four Kitchen
Unit Four Bedroom
Unit Five Bedroom
Unit Five Bathroom
Unit Five Bathroom
Unit Five Kitchen
Unit Five Living Room
Unit 6 Living room
Unit Six Bedroom
Unit 6 Bedroom
Unit 6 Eat in Kitchen
Unit 6 Kitchen
Unit 6 Bath
Shared Porch
What a location! Just down the street from Middlebury College and historic downtown Middlebury, this incredible investment property is ready for new owners. With a total of 9 bedrooms among six units, the structure retains a lot of its original charm. Several exterior porches allow for outdoor living space and hardwood floors and handsome woodwork appear in the main entry and within some units. Many updates have been done to make it easy to just purchase and go! A brand new sprinkler system was just installed, along with a new natural gas boiler. Most of the units have been freshly painted, and all are currently rented. A list of many recent improvements is attached to the listing. If you are looking for an investment property that is turn key- this might just be the one!
Location : In Town | Village
Operating Expenses : Heat,Insurance,Maintenance,Snow Removal,Trash,Water/Sewer
Location : In Town | Village
Operating Expenses : Heat,Insurance,Maintenance,Snow Removal,Trash,Water/Sewer
Annual Expenses
Taxes: $10,852
Taxes: $10,852
Income
Gross Income | $96,000
NetIncome | $54,300
Gross Income | $96,000
NetIncome | $54,300
Appliances : Water Heater – Separate
UNIT 1
Beds: 2
Baths: 1
Rooms: 2
Sq.Ft.: 675
Level: 3
Info : Appliances Included,Heat - Natural Gas,Porch,Range - Electric,Refrigerator
Tenant Pays : Electric,Hot Water,Internet Service
Rent : 1000.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 2
Beds: 2
Baths: 2
Rooms: 5
Sq.Ft.: 1057
Level: 1
Style : Two Bedroom
Info : Porch,Range - Electric,Refrigerator
Tenant Pays : Electric,Hot Water,Internet Service
Rent : 2100.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 3
Beds: 1
Baths: 1
Rooms: 4
Sq.Ft.: 859
Level: 1
Style : One Bedroom
Info : Porch,Range - Electric,Refrigerator
Tenant Pays : Electric,Hot Water,Internet Service
Rent : 1000.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 4
Beds: 1
Baths: 1
Rooms: 3
Sq.Ft.: 458
Level: 2
Style : One Bedroom
Info : Range - Electric,Refrigerator
Tenant Pays : Electric,Hot Water,Internet Service
Rent : 1000.00 Monthly
Lease Term : Annual
Status : Leased
UNIT 5
Beds: 2
Baths: 1
Rooms: 4
Sq.Ft.: 686
Level: 2
Style : Two Bedroom
Info : Range - Electric,Refrigerator
Tenant Pays : Electric,Hot Water,Internet Service
Rent : 1800.00 Monthly
Lease Term : Annual
Signed Lease : Yes
UNIT 6
Beds: 1
Baths: 1
Rooms: 3
Sq.Ft.: 523
Level: 2
Style : One Bedroom
Info : Range - Electric,Refrigerator
Tenant Pays : Electric,Hot Water,Internet Service
Rent : 1100.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
Construction: Wood Frame | Clapboard Exterior | Wood Siding
Year Built: 1873
Style: Farmhouse
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 7637
Above Grade Sq.Ft.: 5497
Basement: Bulkhead | Unfinished
Foundation: Stone
Year Built: 1873
Style: Farmhouse
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 7637
Above Grade Sq.Ft.: 5497
Basement: Bulkhead | Unfinished
Foundation: Stone
Exterior Features:
Porch - Covered
Exterior Color: White
Roof: Slate
Garage And Parking: Driveway
Seasonal: No
Porch - Covered
Exterior Color: White
Roof: Slate
Garage And Parking: Driveway
Seasonal: No
Heating: Hot Water
Cooling: None
HeatFuel: Gas - Natural
Electric: Circuit Breaker(s)
Utilities: Cable | Gas - On-Site | Telephone Available
Electric Meters: 7
Gas_Meters: 1
Water: Public
Sewer: Public
Cooling: None
HeatFuel: Gas - Natural
Electric: Circuit Breaker(s)
Utilities: Cable | Gas - On-Site | Telephone Available
Electric Meters: 7
Gas_Meters: 1
Water: Public
Sewer: Public
Land Information
Level | Sidewalks
Lot size: 0.39 acres
Zoned: Residential-12)
Surveyed: Yes
SurveyedBy: Gayle B. Rochfo
Flood Zone: No
Roads: Paved | Public
Road Frontage: 124
Driveway: Gravel
Level | Sidewalks
Lot size: 0.39 acres
Zoned: Residential-12)
Surveyed: Yes
SurveyedBy: Gayle B. Rochfo
Flood Zone: No
Roads: Paved | Public
Road Frontage: 124
Driveway: Gravel
Docs Available : Aerials | Deed | Property Disclosure | Tax Map
Taxes $10,852
Assesed Value Not Reported
Schools
School District: Addison Central
Elementary School: Mary Hogan School
Middle School: Middlebury Union Middle #3
High School: Middlebury Senior UHSD #3
School District: Addison Central
Elementary School: Mary Hogan School
Middle School: Middlebury Union Middle #3
High School: Middlebury Senior UHSD #3
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of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the
nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to
consumers for their review and acknowledgment at the appropriate time. These forms can be accessed here:
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM