2337 VT Route 7, Middlebury, VT 05753
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2337 VT Route 7, Middlebury, VT 05753,Video Tour
2337 VT Route 7, Middlebury, VT 05753
2337 VT Route 7, Middlebury, VT 05753
2337 VT Route 7, Middlebury, VT 05753
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Vermont Real Estate Company

Vermont Real Estate Company

+1(802) 540-8300
Listed by Amey M Ryan • IPJ Real Estate • Cell: 802-989-8156
$ 549,000
Est. payment /mo
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2337 VT Route 7 Middlebury, VT 05753

2 Beds

3 Baths

1,960 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,960 sqft

Price per Sqft $280

MLS Listing ID 5089982

Bedrooms 2

Full Baths 3

Construction Status Existing

Year Built 1900

Annual Tax Amount $6,615

Tax Year 2025

Lot Size 0.480 Acres

Acres 0.48

Property Description

Here is a delightful opportunity to own a simply versatile property that has been carefully updated over the years. What started as a single family home has been beautifully transformed to this multi-use property. The larger section of the property includes 5 privately rented office spaces that share a conference room and a reception area as well as a full bath and small kitchenette. The total rent for these office spaces brings in over $2000 and could be even more if rents were adjusted for market rates. There are two furnished studio apartments, one on each level. The 1st floor apartment is currently rented for $1150/month and is heated with both a Rinnai heater and a heated and cooled with a heat pump. It includes a dishwasher, electric stove, stacked laundry and a 3/4 bath. This unit shares a door with one of the aforementioned office spaces so it's possible you could "capture" that room for this apartment space. The second floor unit is a true studio space with a Rinnai heater, heat pump, electric stove, fridge and 3/4 bath and rents for $1400/month. There is additional income potential - rent the 2 bay garage or add that space to one of the apartment rentals and increase the rent. The property is landscaped and has an existing sign for business name display. The parking surface is paved and this property is very tidy!

Location

State VT

County Vt-addison

Area Vt-Addison

Zoning Agricultural Rural (AR)

Rooms

Basement Entrance Interior

Basement Bulkhead, Concrete Floor, Crawl Space, Dirt Floor, Full, Interior Stairs, Sump Pump, Exterior Access

Interior

Cooling Mini Split

Flooring Carpet, Hardwood, Softwood, Vinyl

Inclusions Furnishings

Exterior

Garage Spaces 2.0

Utilities Available Telephone at Site

Roof Type Corrugated,Other,Asphalt Shingle

Building

Story 1.5

Sewer 1000 Gallon, Concrete, Leach Field, On-Site Septic Exists, Private, Septic

Architectural Style Farmhouse

Construction Status Existing

Schools

Elementary Schools Mary Hogan School

Middle Schools Middlebury Union Middle #3

High Schools Middlebury Senior Uhsd #3

School District Addison Central

Others

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2337 VT Route 7

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Vermont Real Estate Company
Vermont Real Estate Company

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