45 Court StreetMiddlebury, VT 05753MLS Number 4999633

Price: $697,000
Est. Mortgage of $/month
230 Days on Market

Collect $5840 per month from fully leased apartments ! Historic Victorian Multifamily Home in Downtown Middlebury, VT Discover a piece of 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: a 1-bedroom and a 2-bedroom on the ground level, and a spacious 2-bedroom with large bonus rooms on the upper floors. All apartments are fully leased with quality tenants generating $5840 income per month. All tenants have an on time payment history. Property Highlights Investment Opportunity: This property offers a solid return on investment in a high-demand rental market. Recent Upgrades: Enjoy modern living with renovated lower-level apartments with open concept designs, blending contemporary comfort with historic charm. Prime Location: Situated 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 own a historic gem in Middlebury, offering both stability and growth potential. Don't miss out on this exceptional investment in a vibrant community. For more information or to schedule a viewing, contact us today!

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Tax Information

Tax Year2025

Building

Year Built1840
Building ConstructionClapboard Exterior, Wood Exterior
Units3
Unit 1 Bath1
Unit 1 Bedrooms2
Unit 1 Floor Location1
Unit 1 Total Rooms5
Unit 2 Bath1
Unit 2 Bedrooms1
Unit 2 Floor Location1
Unit 2 StyleOne bedroom rental
Unit 2 Total Rooms4
Unit 3 Bath1
Unit 3 Bedrooms2
Unit 3 Floor Location2
Unit 3 StyleTwo bedrooms with Bonus Room
Unit 3 Total Rooms6
# of 1 Bedrooms1
# of 2 Bedrooms2
Bathroom3
Total Baths3
Basement
- Concrete Floor
- Dirt
- Interior Access
- No Tenant Access
- Stairs - Interior
- Sump Pump
- Unfinished
FoundationStone

Basic Information

StatusActive With Contract
List Price$697,000
Date Price Change08/05/2024
MLS Number4999633
MLS StatusActive Under Contract

Property

Acreage0.2
GarageNo
Parking Spaces
Lot Description
- In Town
- Landscaped
- Level
- Major Road Frontage
- Near Hospital
- Near Public Transportatn
- Near Shopping
- Sidewalks
Square Feet3,120
APX Fin AG Sqft3,120
Road Frontage82
AreaVT-Addison

Amenities

Exterior AmenitiesDeck, Porch - Covered
PricePerSqFt223.4

Water Body

Water AccessNo
Water ViewNo

Location

TownMiddlebury
StateVT
Zip05753
CountyAddison
ZoningGC-General Comm
Elementary SchoolMiddlebury ID #4 School
Junior HighMiddlebury Union Middle #3
High SchoolMiddlebury Senior UHSD #3
Address45 Court Street
Flood Zone Y/NNo

Interior

FloorsCarpet, Combination, Laminate, Softwood, Vinyl

Exterior

RoofShingle - Asphalt, Slate
Exterior ColorBlue

Utilities

Heat SystemNatural Gas, Baseboard, Electric, Floor Furnace, Heat Pump, Hot Water, Multi Zone
Electric100 Amp
SewerPublic
UtilitiesCable, Gas - On-Site, Underground Utilities

Other

Taxes$8,172.2
Seasonal Y/NNo
Operating Expenses20093
Occupant RestrictionsReferences, Smoking - No, Tenancy Check
TrashOwner, Recycle
Date Listed06/09/2024
Unit 1 Deposit$1,950
Unit 2 Rent Amount$1,490
Unit 3 Rent Amount$2,400
View Count190

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 January 25, 2025 5:22 AM EST

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45 Court StreetMiddlebury, VT 05753MLS Number 4999633

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