$549,000 ($280.10 per sqft)

Est. Mortgage $2,669/mo *

Quick Pre-Approval

Listing courtesy of Amey Ryan, IPJ Real Estate Cell: 802-989-8156


2337 VT Route 7, Middlebury, VT, 05753

2337 VT Route 7, Middlebury, VT, 05753

9 rooms

2 beds

1 Full baths

1900

Farmhouse

1,960 sqft

Here is a delightful opportunity to own a simply versatile property that has been carefully updated over the years. What started as a single family home has been beautifully transformed to this multi-use property. The larger section of the property includes 5 privately rented office spaces that share a conference room and a reception area as well as a full bath and small kitchenette. The total rent for these office spaces brings in over $2000 and could be even more if rents were adjusted for market rates. There are two furnished studio apartments, one on each level. The 1st floor apartment is currently rented for $1150/month and is heated with both a Rinnai heater and a heated and cooled with a heat pump. It includes a dishwasher, electric stove, stacked laundry and a 3/4 bath. This unit shares a door with one of the aforementioned office spaces so it's possible you could "capture" that room for this apartment space. The second floor unit is a true studio space with a Rinnai heater, heat pump, electric stove, fridge and 3/4 bath and rents for $1400/month. There is additional income potential - rent the 2 bay garage or add that space to one of the apartment rentals and increase the rent. The property is landscaped and has an existing sign for business name display. The parking surface is paved and this property is very tidy!


Status:

Active

Type:

Multi-family

Units:

3

Zoning:

Agricultural Rural (AR)

Frontage:

180

Garage:

2-car Garage

Heating:

Natural Gas, Electric, Forced Air, Heat Pump, Hot Air, Wall Furnace

Cooling:

Mini Split

Basement:

Bulkhead, Concrete Floor, Crawl Space, Dirt Floor, Full, Interior Stairs, Sump Pump, Exterior Access

Parking:

Detached, Driveway, Garage, Off Street, On-Site, Paved, Unassigned, Visitor

Acreage:

0.48

Est. Taxes:

$6,616

Assessment

$248,200

Lot Description:

Landscaped,Level,Neighbor Business

Elementary School:

Mary Hogan School

Middle School:

Middlebury Union Middle #3

High School:

Middlebury Senior UHSD #3

School District:

Addison Central

MLS #:

5089982


Community Info

School Info

Walk Score

Mass Transit

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