62-64 North Pleasant Street Middlebury, Vermont 05753 MLS# 4362172

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Sold Status

$315,000 Sold Price

Multi Type

8 Beds

6 Baths

4,185 Sqft

Listed By Amey Ryan of IPJ Real Estate
Sold By IPJ Real Estate
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62-64 North Pleasant Street

This 6 unit property makes some money! There has been virtually no vacancy and the Gross Income is approximately $45K, Expenses are estimated at approximately $12K.The main building has 4 units of varying size and condition and the rear building was converted in the early '90's to two efficiency apartments. Large, level lot is easy to maintain. In-town location, close to public transportation and easy commuting north and south. Downtown Middlebury has all kinds of shopping, schools, town green, restaurants, library, swimming holes, golf courses - all within walking distance. †

Property Location

62-64 North Pleasant Street Middlebury

Property Details

Sold Price  $315,000 Sold Date  Mar 31st, 2015
List Price  325,000 Bedrooms  8 Garage Size  0 Car
Cooperation Fee  Unknown Total Bathrooms  6 Year Built  1850
MLS#  4362172 Lot Size  0.86 Acres Taxes $7,459
Type  Multi-Family Days on Market  3821 Days Tax Year 2013
Units  6 Stories  2 Road Frontage  152
Annual Income  $0 Style  Converted Water Frontage  
Annual Expenses  $12,000 Finished  4,185 Sqft Construction  No, Existing
Zoning   HDR Above Grade  4,185 Sqft Seasonal  No
Total Rooms  8 Below Grade  0 Sqft List Date  Jun 6th, 2014
Gross Income  $0 Operating Expenses  $12,000 Net Income  $45,900
Expenses Includes 
Unit 1   1 Beds, 1 Baths, 560 SqFt, $600/Mo Unit 2   1 Beds, 1 Baths, 560 SqFt, $600/Mo
Unit 3   2 Beds, 1 Baths, 1,159 SqFt, $775/Mo Unit 4   2 Beds, 1 Baths, 720 SqFt, $650/Mo
Unit 5   1 Beds, 1 Baths, 731 SqFt, $0/Mo Unit 6   1 Beds, 1 Baths, 450 SqFt, $0/Mo
ConstructionWood Frame
BasementUnfinished, Full, Dirt
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Stone House Color  white
Floors  Vinyl, Carpet, Softwood, Hardwood Building Certifications  
Roof  Corrugated, Slate, Shingle-Other HERS Index  
DirectionsFrom the center of Middlebury, travel north on North Pleasant. Buildings are across from the Swift House Inn and just north of the Maplefields Mobil.
Lot DescriptionLevel, Near Railroad, Near Bus/Shuttle, Village
Garage & Parking  No, Unpaved, Unassigned, On Site
Road Frontage  152 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  HDR
School District  Addison Central Middle  Middlebury Union Middle #3
Elementary  Mary Hogan School High  Middlebury Senior UHSD #3
Heat Fuel  Electric, Gas-Lp/Bottle, Oil Excluded  
Heating/Cool  Baseboard, Vented Gas Heater Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric Financing  
Cable Co  Comcast Documents  
Electric  Circuit Breaker Tax ID  387-120-11528
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† 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.