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 room on upper floors. The lower-level apartments are fully leased with high quality tenants generating $3440 income per month. The upper-level apartment is being left empty to accommodate a potential buyer who may want to reside on premises. Estimated rent if leased would be $2400 per month. 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!
MLS# | 4999633 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1840 |
Days On Site | 119 |
Listing Provided By | KW Vermont | Deborah Fortier |
SQ Feet | 3,120 |
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Basement | Y |
Story(s) | 2 |
Zoning | GC-General Comm |
State | VT |
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County | VT Addison |
City | Middlebury |
Zip Code | 05753 |
Area | Addison |
School District | Addison Central |
Elementary School | Middlebury ID #4 School |
Middle School | Middlebury Union Middle #3 |
High School | Middlebury Senior UHSD #3 |
Listing VS Median (in 05753) | |
Price: $725,000 low | high Med: $555,125 SqFt: 3,120 low | high Med: 3,034 $ / SqFt: $232 low | high Med: $190 On Site: 119 low | high Med: 74.500000 |