44-48 Merchants RowMiddlebury, VT 05753MLS Number 5042652

  • Price: $1,350,000
  • Est. Mortgage of $/month
  • 33 Days on Market
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Federal 30-year interest rate: 6.81% last updated on Jun 18, 2025
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44-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 0575344-48 Merchants Row Middlebury VT 05753
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  • 4Bathrooms
  • 4,716Square Feet
  • 0.08Acreage
  • 1900Year Built

Seller has authorized the Listing Agency to offer compensation to a Buyer Agency of 2.5% of the contract sale price. Such compensation must be included in any offer to purchase. 

A versatile residential and commercial property right in downtown Middlebury with great views of both the town green and river for someone who wants convenient downtown living and working, while earning income from additional apartments and small businesses! The owners did major renovations on the entire building including all new wiring, plumbing, new natural gas heating system, new roof, and flooring. The main level of the building works great as a commercial/office space, and includes a full kitchen, 2-3 offices, 3/4 bath and large gathering room. The second and third floors have been turned into a lovely 2-4 bedroom residential apartment. Hardwood floors fill the living and kitchen areas, with windows overlooking the river to the south. A bedroom and 3/4 en suite bath are on this floor as well, with washer and dryer. A separate section is delineated with sliding barn doors can be a second bedroom on this level or office/sitting room. A 3 season porch on the front of the building overlooks the town green to enjoy year round activities! The third floor has two spaces- it could be a bedroom and sitting room, or two separate bedrooms. The lower level has its own entrance, and is a sweet one bedrooom apartment. Fully renovated, it has exposed stone on several walls that adds to the charm, an eat in kitchen that is open to the living space and a 3/4 bath. If that's not enough space, there is a one room commercial space that currently houses a barber shop!

Listed by Sarah Peluso of IPJ Real Estate (Cell: 802-349-8695)

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Tax Information

  • Tax Year2024

Building

  • Year Built1900
  • Building ConstructionClapboard Exterior, Stucco Exterior, Wood Exterior
  • StyleFreestanding
  • Units4
  • Unit 1 Bath2
  • Unit 1 Floor LocationOne
  • Unit 1 Total Rooms9
  • Unit 2 Bath2
  • Unit 2 Bedrooms3
  • Unit 2 Floor Location2/3
  • Unit 2 Style3 Bedroom APT
  • Unit 2 Total Rooms11
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Floor LocationBasement
  • Unit 3 StyleOne Bedroom Apartment
  • Unit 3 Total Rooms4
  • Unit 4 Bath1
  • Unit 4 Floor Location1st
  • Unit 4 StyleBarbershop/Studio
  • Unit 4 Total Rooms2
  • # of 1 Bedrooms1
  • # of 3+ Bedrooms1
  • Bathroom4
  • Total Baths4
  • Basement
    • Apartments
    • Concrete Floor
    • Exterior Access
    • Finished
    • Full
    • Insulated
    • Interior Access
    • Stairs - Interior
    • Unfinished
    • Walkout
  • FoundationBrick, Concrete, Stone

Basic Information

  • Virtual TourView Tour
  • StatusACT
  • List Price$1,350,000
  • Date Price Change05/23/2025
  • MLS Number5042652
  • MLS StatusActive

Property

  • Acreage0.08
  • GarageNo
  • Parking Spaces
  • Lot DescriptionMajor Road Frontage, In Town, Near Shopping, Near Public Transportatn, Near Railroad
  • Square Feet4,716
  • APX Fin AG Sqft3,833
  • Road Frontage65
  • RoadsPaved, Public
  • AreaVT-Addison

Amenities

  • Exterior AmenitiesFence - Full
  • PricePerSqFt286.26

Other

  • Taxes$12,363.5
  • Seasonal Y/NNo
  • TrashTenant
  • Date Listed05/23/2025
  • Unit 1 Deposit$3,100
  • Unit 2 Rent Amount$3,500
  • Unit 3 Rent Amount$2,000
  • Unit 4 Rent amount$800
  • View Count186

Location

  • TownMiddlebury
  • StateVT
  • Zip05753
  • CountyAddison
  • ZoningCB
  • Elementary SchoolMary Hogan School
  • Junior HighMiddlebury Union Middle #3
  • High SchoolMiddlebury Senior UHSD #3
  • Address44-48 Merchants Row
  • Flood Zone Y/NNo

Interior

  • APX Fin Below Grade883
  • FloorsHardwood, Laminate, Tile, Vinyl

Exterior

  • RoofRolled, Shingle - Asphalt
  • Exterior ColorBeige

Utilities

  • Heat SystemNatural Gas
  • WaterPublic
  • Water HeaterWater Heater – Heat Pump, Water Heater – Off Boiler
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesCable - At Site, Gas - On-Site
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