3753 Route 7Middlebury, VT 05753MLS Number 4775793

  • Price: $365,000
  • Est. Mortgage of $/month
  • 69 Days on Market
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$/month over payments
Federal 30-year interest rate: 3.75% last updated on Nov 14, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 3Bathroom
  • 4,576Square Feet
  • 2.5Acreage
  • 1930Year Built

Prime location and this is an investment opportunity that works financially whether you are an owner occupant or strictly renting all the units out. The farmhouse (c. 1810) has been updated and renovated into 3 one-bedroom apartments. Two on the first floor and one on the second floor. Shared heating system, separate electric. Huge front porch, nice back yard, comfortable apartments. The "shop" building includes a garage/workshop in the center and a one-bedroom apartment and a 3 room office. The "Farmhouse" building and the "shop" building share a mound system (permitted in 2011, WW-9-1493) and well and the main house has a separate system and drilled well. The main house was built in 1982. It's a passive solar design and has a nice flow. Three bedrooms (one on each floor), master on main living level, loft area overlooking the living room and an enclosed porch. Rec room in the basement, lots of storage space, two carport spaces, fenced dog yard and west facing deck - sunsets! House is currently unoccupied, but would likely rent for $1500-$1800/month.

Listed by Amey Ryan of IPJ Real Estate

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Basic Information

  • Virtual TourClick Here
  • StatusActive With Contract
  • Property TypeMulti-Family
  • List Price$365,000
  • MLS Number4775793

Property

  • Acreage2.5
  • Parking Spaces1
  • Square Feet4,576
  • APX Fin AG Sqft4,576
  • Road Frontage331
  • RoadsPaved, Public
  • Lot DescriptionCountry Setting, Major Road Frontage, Rolling, Sloping, Walking Trails

Amenities

  • Exterior AmenitiesFence - Dog, Outbuilding, Porch - Enclosed

Other

  • Taxes$12,015
  • Seasonal Y/NNo
  • TrashDumpster
  • Unit 1 Deposit$800
  • Unit 2 Rent Amount$900
  • Unit 3 Rent Amount$850
  • Unit 4 Rent amount$700
  • Unit 5 Rent amount$750
  • View Count251

Location

  • TownMiddlebury
  • StateVT
  • Zip05753
  • CountyAddison
  • ZoningAR
  • Elementary SchoolMary Hogan School
  • Junior HighMiddlebury Union Middle #3
  • High SchoolMiddlebury Senior UHSD #3
  • Flood Zone Y/NNo

Interior

  • FloorsCarpet, Concrete, Vinyl

Exterior

  • ExteriorVinyl Siding, Wood Siding
  • RoofCorrugated, Shingle - Asphalt, Slate
  • Exterior Colorvaries

Utilities

  • Heat FuelElectric, Gas - LP/Bottle, Oil, Wood
  • Heat SystemHot Water, Furnace - Wood/Oil Combo
  • WaterDrilled Well
  • Water HeaterElectric
  • ElectricCircuit Breaker(s)
  • SewerConcrete, Leach Field, Mound, On-Site Septic Exists, Septic

Building

  • Year Built1930
  • Building ConstructionWood Frame
  • Style
    • Apartment Building
    • Bungalow
    • Chalet
    • Detached
    • Farmhouse
    • Multi-Level
    • Ranch
  • Units5
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms3
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location2
  • Unit 2 StyleResidential
  • Unit 2 Total Rooms4
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Floor Location1
  • Unit 3 StyleResidential
  • Unit 3 Total Rooms3
  • Unit 4 Bath1
  • Unit 4 Floor Location1
  • Unit 4 StyleResidential
  • Unit 4 Total Rooms3
  • Unit 5 Baths1
  • Unit 6 Baths4
  • Unit 6 Bedrooms3
  • # of 1 Bedrooms4
  • # of 3 Bedrooms1
  • Bathroom3
  • Total Baths3
  • Basement
    • Bulkhead
    • Concrete Floor
    • Full
    • Partially Finished
    • Unfinished
    • Walkout
  • FoundationPoured Concrete, Stone
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Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 17, 2019.

 

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