Back to Search ResultsSold Status
$425,000 Sold Price
Multi Type
5 Beds
2 Baths
2,278 Sqft
Sold By The Real Estate Company of Vermont, LLC
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Addison County
Excellent opportunity to invest in a well-maintained and updated apartment house in a college town. Many improvements over the years include: new kitchens, new appliances, some new flooring, some refinished flooring, replaced siding & trim/roof, rebuilt all porches. Added spray foam insulation in many areas, some spaces gutted to studs and updated. Converted to natural gas heating (rented burner), repointed chimney from the roofline and added chimney cap, paved the driveway, enclosed a mudroom for 1st floor apartment, graded the lawn, added a partial fence for privacy, added drainage around the house. The two car detached garage has been spray foam insulted, new roof, propane heat and two newer garage doors (one with automatic opener) and three sides have been replaced with fiberboard siding. House was pre-inspected and several plumbing and electrical issues have been or will be corrected. State of Vermont Fire Safety Inspection scheduled for 1/13, EMP compliant. Owner is listing broker. Showings BEGIN on THURSDAY, JANUARY 6th. Seller would prefer to rent back the garage until end of summer 2022. †
Property Location
Property Details
| Sold Price $425,000 | Sold Date Apr 18th, 2022 | |
|---|---|---|
| List Price 420,000 | Bedrooms 5 | Garage Size 2 Car |
| Cooperation Fee Unknown | Total Bathrooms 2 | Year Built 1890 |
| MLS# 4894443 | Lot Size 0.19 Acres | Taxes $5,418 |
| Type Multi-Family | Days on Market 1052 Days | Tax Year 2021 |
| Units 2 | Stories 3 | Road Frontage 76 |
| Annual Income $31,800 | Style Duplex, Near Public Transportatn | Water Frontage |
| Annual Expenses $0 | Finished 2,278 Sqft | Construction No, Existing |
| Zoning VRC | Above Grade 2,278 Sqft | Seasonal No |
| Total Rooms 5 | Below Grade 0 Sqft | List Date Jan 4th, 2022 |
| Gross Income $31,800 | Operating Expenses $0 | Net Income $0 |
|---|
| Expenses Includes |
|---|
| Unit 1 3 Beds, 1 Baths, 1,394 SqFt, $1,300/Monthly | Unit 2 2 Beds, 1 Baths, 884 SqFt, $1,350/Monthly |
|---|---|
| ConstructionWood Frame |
|---|
| BasementInterior, Unfinished, Bulkhead, Concrete, Sump Pump, Storage Space, Interior Stairs, Full, Unfinished, Interior Access, Exterior Access, Stairs - Basement |
| Interior Features |
| Exterior Features |
| Exterior Composition, Clapboard, Cement | Disability Features |
|---|---|
| Foundation Concrete | House Color Grayish |
| Floors Vinyl, Carpet, Hardwood | Building Certifications |
| Roof Standing Seam, Corrugated, Membrane | HERS Index |
| DirectionsFrom the center of Middlebury, take Seymour Street to the Stop sign. Cross the intersection onto Exchange Street, first house on left after Greg's Market. From Route 7 north, turn onto Exchange Street. Follow nearly to the end. Last house on right before intersection with Elm St. Sign. |
|---|
| Lot Description, Trail/Near Trail, Level, City Lot, Trail/Near Trail, Near Bus/Shuttle, Near Railroad, Business District, Village, Village, Near Railroad, Near Hospital, Windows - Double Pane |
| Garage & Parking Yes, Auto Open, Storage Above, Heated, Unassigned, , On Site, Assigned, 6+ Parking Spaces, Parking Spaces 6+ |
| Road Frontage 76 | Water Access |
|---|---|
| Driveway Paved | Water Type |
| Flood Zone No | Water Body |
| Zoning VRC |
| School District Addison Central | Middle Middlebury Union Middle #3 |
|---|---|
| Elementary Mary Hogan School | High Middlebury Senior UHSD #3 |
| Heat Fuel | Excluded Freezers in garage |
|---|---|
| Heating/Cool None, Baseboard, Hot Water | Negotiable |
| Sewer Community | Parcel Access ROW |
| Water Community | ROW for Other Parcel |
| Water Heater Domestic | Financing |
| Cable Co Xfinity | Documents Property Disclosure, Lease Agreements, Deed |
| Electric Circuit Breaker | Tax ID 387-120-10382 |
† The remarks published on this webpage originate from Listed By Amey Ryan of IPJ Real Estate via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.
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