56 Court Street Middlebury, Vermont 05753 MLS# 4825854

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Sold Status

$560,000 Sold Price

Multi Type

6 Beds

3 Baths

3,438 Sqft

Listed By Jill Fraga of The Real Estate Company of Vermont, LLC
Sold By IPJ Real Estate
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Addison County

56 Court Street

This Victorian style triplex is a beautiful example of period architecture on Court Street in Middlebury. Thoughtfully renovated in 2002, this 1890s historic home was built by Civil War Union Officer Amasa Tracy and still boasts many period features including arched windows, detailed moldings, original wood floors and banister, etc. Now a three unit, the first floor offers a single level 1 bedroom unit; a 2 bedroom unit sits on the first and second floors; and, the third is a 3 bedroom apartment that is situated on the second and third floors in the front of the house. All units have their own heating system, electric meter, hot water tanks, and washer/dryers. A beautiful covered porch graces the front, and an additional one was added on the South side during the previous renovation. The lot, a generous 0.67 acres, offers great gardening spaces as well as a natural privacy buffer on the North side. Only a half mile to the Town Green, this desirable location could be a great fit for you and/or your tenants as it could serve as wonderful owner-occupied property, mixed use commercial space, or rent out all three units as an investment property. Make sure to explore the 3 bedroom unit via the 3-D virtual tour!

Property Location

56 Court Street Middlebury

Property Details

Sold Price  $560,000 Sold Date  Oct 26th, 2020
List Price  565,000 Bedrooms  6 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  3 Year Built  1870
MLS#  4825854 Lot Size  0.63 Acres Taxes $8,158
Type  Multi-Family Days on Market  1543 Days Tax Year 2019
Units  3 Stories  1/2/1900 Road Frontage  80
Annual Income  $46,800 Style  Apartment Building Water Frontage  
Annual Expenses  $0 Finished  3,438 Sqft Construction  No, Existing
Zoning   Office Apartment District Above Grade  3,438 Sqft Seasonal  No
Total Rooms  6 Below Grade  0 Sqft List Date  Aug 31st, 2020
Gross Income  $46,800 Operating Expenses  $0 Net Income  $31,358
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $1,000/Monthly Unit 2   2 Beds, 1 Baths, $1,300/Monthly
Unit 3   3 Beds, 1 Baths, $1,600/Monthly
ConstructionWood Frame
BasementWalk-up, Storage Space, Bulkhead, Exterior Stairs
Interior Features
Exterior Features
Exterior  Clapboard, Wood Siding Disability Features  
Foundation  Stone House Color  Olive
Floors  Wood Building Certifications  
Roof  Slate HERS Index  
DirectionsProperty is located on Route 7 just south of the village and across from Mary Hogan Elementary School.
Lot DescriptionUnknown, Level, Major Road Frontage, Sidewalks, Village, Business District
Garage & Parking  No, , , Off Street
Road Frontage  80 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  Office Apartment District
School District  Addison Central Middle  Middlebury Union Middle #3
Elementary  Mary Hogan School High  Middlebury Senior UHSD #3
Heat Fuel  , Oil Excluded  
Heating/Cool  None, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  No
Water Heater  Off Boiler Financing  
Cable Co   Documents  Deed
Electric  Circuit Breaker Tax ID  387-120-10879
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† The remarks published on this webpage originate from Listed By Jill Fraga of The Real Estate Company of Vermont, LLC 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.