List Price: $749,000 | $166 per sq.ft. Multi Family A 6 Unit Multi Family Home
With 3 One Bedroom Units , 0 - Two Bedroom Units ,0 - Three Bedroom Units Listed Friday Nov 15, 2024 | MLS# 5022266
With 3 One Bedroom Units , 0 - Two Bedroom Units ,0 - Three Bedroom Units Listed Friday Nov 15, 2024 | MLS# 5022266
OWN A PIECE OF HISTORY ON MAIN STREET IN MIDDLEBURY! Commercial building in the heart of downtown Middlebury comprises a vibrant retail store, Buy Again Alley, an architect's office, a one bedroom apartment, two studio apartments, and a space opening onto Frog Alley in the rear that has been used as an office and retail space. With nearly 5,000 square feet, the options are numerous. Renovation will be needed. Superb location in the midst of a thriving business district with Middlebury College less than a quarter mile away. This is a building worthy of significant investment for a lifetime of income. Potential to increase the number of residential units.
Annual Expenses
Taxes: $15,115
Taxes: $15,115
Income
Gross Income | $65,700
NetIncome | $32,000
Gross Income | $65,700
NetIncome | $32,000
Construction: Brick Exterior
Year Built: 1900
Style: Apartment Building
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 4986
Above Grade Sq.Ft.: 3306
Below Grade Sq.Ft.: 1200
Basement: Full | Partially Finished | Stairs - Interior | Walkout
Foundation: Stone | Block w/ Skim Coating
Year Built: 1900
Style: Apartment Building
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 4986
Above Grade Sq.Ft.: 3306
Below Grade Sq.Ft.: 1200
Basement: Full | Partially Finished | Stairs - Interior | Walkout
Foundation: Stone | Block w/ Skim Coating
Roof: Flat
Seasonal: No
Seasonal: No
Heating: Oil | Steam
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Telephone Available
Electric Meters:
Water: Public
Sewer: Public
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Telephone Available
Electric Meters:
Water: Public
Sewer: Public
Land Information
City Lot
Lot size: 0.04 acres
Zoned: Commercial)
Surveyed: No
Flood Zone: Unknown
Roads: Paved | Public
Driveway: None
City Lot
Lot size: 0.04 acres
Zoned: Commercial)
Surveyed: No
Flood Zone: Unknown
Roads: Paved | Public
Driveway: None
Taxes $15,115
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
PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion
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