98 Court Street Middlebury, Vermont 05753 MLS# 4729933

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Sold Status

$315,000 Sold Price

Multi Type

4 Beds

3 Baths

2,335 Sqft

Listed By Jeff Olson of
Sold By IPJ Real Estate
✉ 🖶

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98 Court Street

EXTREMELY WELL KEPT 3-unit building that's been in the same hands for 26 years. Repurposed and remodeled in 2014 and fully leased, this building is a money maker. It's in a great location less than a mile from downtown, and the Middlebury rental market remains strong. New individual water heaters for each unit were installed a few years ago, and each unit sports a brand new furnace--fueled by natural gas--installed in the summer of 2018. Best, this building sits on 1.2 acres, making expansion a possibility. †

Property Location

98 Court Street Middlebury

Property Details

Sold Price  $315,000 Sold Date  Aug 20th, 2019
List Price  339,000 Bedrooms  4 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  3 Year Built  1950
MLS#  4729933 Lot Size  1.2 Acres Taxes $7,727
Type  Multi-Family Days on Market  2176 Days Tax Year 2018
Units  3 Stories  2 Road Frontage  
Annual Income  $0 Style  Walkout Lower Level, Walkout Lower Level Water Frontage  
Annual Expenses  $0 Finished  2,335 Sqft Construction  No, Existing
Zoning   VRC Above Grade  1,547 Sqft Seasonal  No
Total Rooms  4 Below Grade  788 Sqft List Date  Dec 7th, 2018
Gross Income  $0 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   1 Beds, 1 Baths, 728 SqFt, $900/Monthly Unit 2   1 Beds, 1 Baths, 728 SqFt, $950/Monthly
Unit 3   2 Beds, 1 Baths, 788 SqFt, $1,050/Monthly
ConstructionWood Frame
BasementInterior, Full
Interior Features
Exterior Features
Exterior  Wood, Clapboard Disability Features  
Foundation  Block, Poured Concrete House Color  
Floors  Vinyl, Carpet Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsFrom the center of Middlebury, head south on Route 7 (Court St.). Building on right about 7/10 of a mile down.
Lot DescriptionUnknown, City Lot, Major Road Frontage, Neighbor Business, Sidewalks, Business District
Garage & Parking  No, , , Unpaved, Off Street, 6+ Parking Spaces
Road Frontage   Water Access  
Driveway  Gravel Water Type  
Flood Zone  Unknown 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  
Heating/Cool  None, Individual, Individual, Programmable Thermostat Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public, Metered ROW for Other Parcel  
Water Heater  Electric, Separate Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  38712010058
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† The remarks published on this webpage originate from Listed By Jeff Olson of 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.