$425,000

62 Court Street, Middlebury, VT 05753

  • 1 bath
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

This listing courtesy of Amey M Ryan, IPJ Real Estate

Close to town - check! Income generating - check! Plenty of parking - check! Versatile building - check! Relatively easy maintenance - check! This three unit investment property cash flows with the current rents and there is potential to expand on this property and create more housing units. The 1/2 acre, in town, lot is in the Residential 12 zoning district and could likely accommodate another structure with town approvals (not yet obtained but see documents on listing showing zoning information). The main floor office space consists of a private office, a conference room, reception area, kitchen, bathroom and storage room and has direct access to the basement. Accessible by a ramp on the front of the building. The 2nd floor apartment has a living room, bathroom, kitchen, and office/br. The ADU, which was recently completed, is a studio apartment with an elevated "loft" style bedroom, living/kitchen area, 3/4 bath with a combo washer/dryer set up and a deck! There is more than enough parking and the basement can also be accessed by a bulkhead from the outside for maintenance and tenant access. The town of Middlebury is in dire need of rental apartments and this is a highly desirable location.

Listing Status:
Pending
Date Added:
June 23, 2025 at 05:00AM
Listing Office:
IPJ Real Estate : 802-388-4242
Listing Agent:
Amey M Ryan : 802-388-4242
MLS ID:
5047976

This listing courtesy of Amey M Ryan, IPJ Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mary Hogan Elementary School

201 Mary Hogan Dr, Middlebury, VT, 05753

Grades PK-5

0.11 miles away

M

Middlebury Union Middle School

48 Deerfield Ln, Middlebury, VT, 05753

Grades 6-8

0.91 miles away

M

Middlebury Union High School

73 Charles Ave, Middlebury, VT, 05753

Grades 9-12

0.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.